jecasc - 8:42 am on Mar 31, 2010 (gmt 0)

I know what you are going through. When I started with my business I asked for a small overdraft loan for my bank account. A small sum, only 2000 EUR. I did not get it.

My apprentice who got a monthly payment of only 700 EUR at that time had no problem getting an overdraft loan. They gave her the equivalent of three paychecks.

When some time later I did not need any loans anymore and had some money on the side the banks started calling, offering all kinds of loans and investment proposals. However if I can in any way help it I will never ever do any business with any bank apart from what is absolutely necessary to run my business.

My last car I paid in cash. Thats why I only drive a small Peugeot 107 but at least it's paid in full and I did not need to ask for a loan - although I now would have easily gotten one. They can stick their loans where the sun don't shine.