The demand for trade credit is considered to be a form of short-term financing that many firms use in order to postpone immediate cash payment, which normally results in improving cash flow. This paper focuses on testing the theoretical determinants on trade credit from the demand side examining...

The extension of trade credit is considered to be a form of short term financing that many firms use from both the supply and demand sides. This paper focuses on testing the theoretical determinants on trade credit and examines whether 1) creditworthy firms that have access to both external and...

This paper develops and tests hypotheses that explain the choice of factoring as a financing source and the type of businesses using it in the UK. The tests focus on establishing a profile of borrowers, based on firm's demographic characteristics such as age, turnover, industry, and type of...

This paper focuses on testing the theoretical determinants of trade credit, by examining the supply side of the market. It evaluates whether the extension of trade credit is made possible because of access to both external and internal financing, whether those firms experiencing growth in...

The author develops a theoretical model for considering the impact and the compliance costs of taxation on the liquidity and the financial situation of small firms in Canada. The model addresses the tax burden that faces small firms at their different stages of growth and development, but the...

Factoring is a financial service enabling enterprises to sell their accounts receivable to a factoring company in exchange for cash. The market for factoring in the UK has been growing at substantial rates and most banking institutions are now actively involved in providing this service. Little...