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COMMON COLLATERAL FUND
A MUTUAL CREDIT GUARANTEE FUND
The "World Bank" for and by the "Have-nots"
Many small businesses have failed to take off due to lack of start-up capital and when the promoters try to seek bank loans, they meet with the biggest obstacle - collateral to guarantee the bank loan!
Collateral Fund is the answer to the Start-up dilemma that many struggle with and end up not pursuing their business goals. This will help many minority or disadvantaged entrepreneurs with feasible business plans, break through that credit barrier to be able to make their contribution to the job creation process within their
communities.
Secondly, when most jobs will get replaced by machines, where will the unemployed get money from to pay for goods and services? It's TIME to adopt a system that expands business Capital ownership to include workers in the profit-sharing stream, so that when jobs are lost to machines, incomes will continue to be gained through more profit-sharing from shared-capital ownership. This is neither Socialism nor pure Capitalism, but it’s Capitalism with a human face.
It’s time for communities to wake up to this model of economic building that will protect people’s jobs and expand incomes more broadly without much reliance on government or political parties.
We see the Capital Sharing concept as the Next Big Idea and are inviting
potential partners to join us in developing this idea further as a real strategy
for getting the global economy moving for everyone.
