Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/197397
Authors: 
Waniak-Michalak, Halina
Year of Publication: 
2017
Citation: 
[Journal:] e-Finanse: Financial Internet Quarterly [ISSN:] 1734-039X [Volume:] 13 [Year:] 2017 [Issue:] 4 [Pages:] 127-135
Abstract: 
Research background. The analysis of the funding gap for SMEs and loan and guarantee funds' capability to fill this gap has been undertaken to assess the instruments used in Poland which are focused on the development of entrepreneurship. Methodology/methods. The funding gap for small and medium-sized enterprises is measured with the method of unfulfilled demand for funding and unawarded funding. The size of the gap is compared to the potential amount of the guarantees and loans granted by non-bank organisations in Poland dependent on the amount of capital held. Purpose of the article. The purpose of the article is to answer the research question of whether guarantee and loan funds in Poland play a significant role in filling the funding gap for small and medium-sized enterprises.
Subjects: 
small and medium-sized enterprises
loan
guarantee
funds
financing
JEL: 
M15
M21
Persistent Identifier of the first edition: 
Document Type: 
Article

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