External Financing for EU SMEs – Challenges, Measures and Trends

Laura Vasilescu () and Sorin Tudor ()
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Laura Vasilescu: University of Craiova
Sorin Tudor: University of Craiova

Ovidius University Annals, Economic Sciences Series, 2015, vol. XV, issue 2, 565-569

Abstract: Increasing the capacity of SMEs to access finance is important for funding business investment, ensuring businesses growth potential, and for facilitating new business start-ups. The most important sources of finance for EU Small and Medium Enterprises (SMEs) are the external sources: bank overdrafts, bank loans, leasing, trade credit and other loans. The access to external sources for is influences by various factors, structural, cyclical, from supply and demand side. The main obstacles for accessing financing sources, the recent evolutions and trends regarding the SMEs financing but also the main actions and policies taken at the European level are analyzed in this paper.

Keywords: financing; challenges; influence factors; SMEs; EU (search for similar items in EconPapers)
JEL-codes: G32 M21 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xv:y:2015:i:2:p:565-569

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