I changed the title from "Why Amish Businesses Don't Fail", because they don't actually say why, at least not in this article. They speculate it has to do with Amish values. Well, no kidding.
I wonder if Amish financing is Biblical, following the proscription against usury. For purists, that would mean no interest rate at all.
The Amish are also intensely collectivist. Its likely that they would not allow others in their community to fail without first helping them a great deal.
I wonder if Amish financing is Biblical, following the proscription against usury. For purists, that would mean no interest rate at all.