FINANCING SME FUTURE DEVELOPMENT

Viorica Cerbusca ()
Additional contact information
Viorica Cerbusca: PhD Student, ASEM

Economy and Sociology, 2015, issue 1, 139-142

Abstract: The paper highlights the problems faced by the SMEs in accessing adequate financing as one of the most significant barriers of the sector. Financial access is critical for SMEs’ growth and development. At the same time, the author emphasize that there is no unique way of financing SMEs. The need depends on the stage of maturity and size of the enterprise. In order to facilitate the SME access to finance it is necessary to adapt the best international practices and to adapt them at the local condition. Article aims to present microfinancing as a tool that could improve the SME access to finance, thus contributing to the economic development of the country by creating new jobs, new products and services.

Keywords: SMEs; access to finance; microfinance; development. (search for similar items in EconPapers)
Date: 2015
References: Add references at CitEc
Citations:

Downloads: (external link)
http://brtsbiblioteca.socionet.ru/files/21.Cerbusca.pdf

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aat:journl:197

Access Statistics for this article

Economy and Sociology is currently edited by Olga Gagauz

More articles in Economy and Sociology from The Journal Economy and Sociology Contact information at EDIRC.
Bibliographic data for series maintained by Iordachi Victoria ().