Access to Finance for Latvian SMEs

Ramona Rupeika-Apoga and Irina Solovjova

European Research Studies Journal, 2017, vol. XX, issue 3A, 57-68

Abstract: In this paper, we attempt to explore why banks possessing free assets and willingness to lend, on the one side, and businesses lacking money, on the other side, do not meet. We are looking for answers why all EU initiatives for more available funding for SMEs still haven't resulted positively and loan growth rate is more than modest. The empirical part of the research is based on the quantitative and qualitative assessment of the commercial banks, SMEs of Latvia and case studies of timber industry. The result of the analyses has been discussed and recommendations have been provided for policy makers and academician, opening new areas for this timely topic research.

Keywords: SMEs financing, access to finance JEL codes: G21; L10; O12; 016 (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (10)

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Persistent link: https://EconPapers.repec.org/RePEc:ers:journl:v:xx:y:2017:i:3a:p:57-68

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