Abstract: The purpose of this study is to present the studies that listed the financing methods that could finance the SMEs projects, and to conceptually propose a research model of the relationships between the factors and the financing the SMEs projects. The proposed financing methods were Mutual Guaranty Loans, Financial Leasing, Venture capital, Crowdfunding, Leveraged finance, corporate bonds, Syndicated loan, Non-bank lenders, Bonds, Stock market, Trade credit, and Bank loans. To achieve these objectives, the research has reviewed recent published literature in the fields of Mutual Guaranty Loans, Financial Leasing, Venture capital, Crowdfunding, Leveraged finance, corporate bonds, Syndicated loan, Non-bank lenders, Bonds, Stock market, Trade credit, and Bank loans in relations with Financing SEMs projects. The findings of this study revealed that many studies suggested a strong association between discussed financing methods. In addition, this study found that many studies suggested a strong and positive relationship between Loans, Financial Leasing, and Venture capital with financing SMEs projects. Some studies went more in depth in the analysis, and included Crowdfunding, Leveraged finance, and corporate bonds into the relationships with financing SMEs projects. However, other studies recommended studying the effect of Syndicated loan, Non-bank lenders, and Bonds as additional financing methods that could be studied in association with financing SMEs projects. Finally, considering Stock market, Trade credit, and Bank loans as independent variables that could be linked with financing SMEs projects as dependent variables.
Keywords: Mutual Guaranty Loans, Financial Leasing, Venture capital, Crowdfunding, Leveraged finance, corporate bonds, Syndicated loan, Non-bank lenders, Bonds, Stock market, Trade credit, Bank loans, SMEs.
Title: FINANCING METHODS FOR SMALL AND MEDIUM ENTERPRISES (SMES): A LITERATURE REVIEW
Author: Monzer Al Madani, Siti Aida Bt Samikon
International Journal of Management and Commerce Innovations
ISSN 2348-7585 (Online)
Research Publish Journals
