Showing 1 - 10 of 524
small businesses and private entrepreneurship (SME) as SMEs have the greatest potential for becoming a real basis for … of social economic importance of the SME, and discusses the current status and perspectives of SME policy. The paper also … describes the availability of and gaps in SME financing, discusses the key issues of SME finance and current financial literacy …
Persistent link: https://www.econbiz.de/10012063846
This study takes stock of the challenges faced by small and medium-sized enterprises (SMEs) in the CAREC landlocked economies in terms of their access to finance resulting from demand-side, supply-side and institutional constraints. This includes identifying cultural, procedural, institutional...
Persistent link: https://www.econbiz.de/10012059435
SME sector in the Kyrgyz Republic as well as the sector of individual entrepreneurs and peasant farmers. Four selected … gaps for the SME sector in building resilient global value chain supplies.The paper outlines the contribution of small and … SME owner/managers and higher interest rates offered by banks are among the factors restricting SME access to finance. The …
Persistent link: https://www.econbiz.de/10012024505
This paper tests whether local financial development matters for SMEs' growth performance. We develop a theoretical model framework based on banks' and firms' profit-maximizing behavior that critically hinges upon credit default risk ratio. We argue that an expansion of branch network would...
Persistent link: https://www.econbiz.de/10011949789
One of the major issues for SME development has been access to finance. This paper examines the current state of SME …
Persistent link: https://www.econbiz.de/10012113904
developing innovative means of providing SME finance. This includes the growth of fintech credit, big tech providers, and new …
Persistent link: https://www.econbiz.de/10012119148
A sustainable financing strategy for SMEs should aim to enhance a low-cost collateral-free supply of loans to SMEs with good track records of repayments to banks. This paper suggests two alternative financing mechanisms to overcome certain borrowing constraints of SMEs. First, it suggests an...
Persistent link: https://www.econbiz.de/10014290910
In this paper, we aim to assess how a specific socio-institutional environment, identified according to the level of corruption, may affect the access to credit for micro, small, and medium-sized enterprises (MSMEs). Using a sample of 68,115 observations - drawn from the ECB-SAFE survey -...
Persistent link: https://www.econbiz.de/10011671595
Despite their significant contribution to GDP and employment, SMEs face constraints in accessing finance in Pakistan. To motivate banks to lend to SMEs, the State Bank of Pakistan introduced a "Credit Guarantee Scheme for Small and Rural Enterprises" in 2010. However, the response to the scheme...
Persistent link: https://www.econbiz.de/10011949852
By employing a sample of 20,956 observations of non-financial SMEs headquartered in the Euro area, between 2009 and 2015, we test whether young businesses are more likely to face credit rejections from lenders than their older peers. Our findings appear to confirm our suspicions that new...
Persistent link: https://www.econbiz.de/10011845249