The significance of credit guarantee funds for investments financing of SME in Poland and Malopolska

Polish SMEs despite the fact that they are the driving force of the economy, face many barriers to their development. One of the most frequently mentioned barrier is a financial barrier. Entrepreneurs complain about the problems with obtaining bank loans, mainly due to lack of credit history and ade...

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Main Author: Joanna Duda
Format: Article
Language:English
Published: AGH UNIVERSITY PRESS 2012-05-01
Series:Managerial Economics
Subjects:
Online Access:https://journals.agh.edu.pl/manage/article/view/600
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author Joanna Duda
author_facet Joanna Duda
author_sort Joanna Duda
collection DOAJ
description Polish SMEs despite the fact that they are the driving force of the economy, face many barriers to their development. One of the most frequently mentioned barrier is a financial barrier. Entrepreneurs complain about the problems with obtaining bank loans, mainly due to lack of credit history and adequate security of the loan required by banks. Therefore, this paper analyzes the credit guarantee funds and attempts to answer the question whether the development of credit guarantee funds in Poland will contribute to reducing barriers to obtaining bank loans by Polish SMEs.
format Article
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institution OA Journals
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publishDate 2012-05-01
publisher AGH UNIVERSITY PRESS
record_format Article
series Managerial Economics
spelling doaj-art-d43d169fdd114125981aec8972d5dc022025-08-20T01:58:34ZengAGH UNIVERSITY PRESSManagerial Economics1898-11432353-36172012-05-011110.7494/manage.2012.11.55The significance of credit guarantee funds for investments financing of SME in Poland and MalopolskaJoanna DudaPolish SMEs despite the fact that they are the driving force of the economy, face many barriers to their development. One of the most frequently mentioned barrier is a financial barrier. Entrepreneurs complain about the problems with obtaining bank loans, mainly due to lack of credit history and adequate security of the loan required by banks. Therefore, this paper analyzes the credit guarantee funds and attempts to answer the question whether the development of credit guarantee funds in Poland will contribute to reducing barriers to obtaining bank loans by Polish SMEs.https://journals.agh.edu.pl/manage/article/view/600SMEcredit guarantee fundsbank loansinvestmentsenterprises developmentbarriers to obtaining bank loans
spellingShingle Joanna Duda
The significance of credit guarantee funds for investments financing of SME in Poland and Malopolska
Managerial Economics
SME
credit guarantee funds
bank loans
investments
enterprises development
barriers to obtaining bank loans
title The significance of credit guarantee funds for investments financing of SME in Poland and Malopolska
title_full The significance of credit guarantee funds for investments financing of SME in Poland and Malopolska
title_fullStr The significance of credit guarantee funds for investments financing of SME in Poland and Malopolska
title_full_unstemmed The significance of credit guarantee funds for investments financing of SME in Poland and Malopolska
title_short The significance of credit guarantee funds for investments financing of SME in Poland and Malopolska
title_sort significance of credit guarantee funds for investments financing of sme in poland and malopolska
topic SME
credit guarantee funds
bank loans
investments
enterprises development
barriers to obtaining bank loans
url https://journals.agh.edu.pl/manage/article/view/600
work_keys_str_mv AT joannaduda thesignificanceofcreditguaranteefundsforinvestmentsfinancingofsmeinpolandandmalopolska
AT joannaduda significanceofcreditguaranteefundsforinvestmentsfinancingofsmeinpolandandmalopolska