Programs of financial support to SMEs in Serbia by non-banking institutions

The development of small and medium-sized enterprises plays a key role in the recovery of Serbian economy. SMEs are the engine of economic development and the key factor to achieve economic stabilization and economic growth. For years the SME sector in Serbia is in a poor state, faced with numerous...

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Main Authors: Ravić Nenad, Obradović Ivan
Format: Article
Language:English
Published: Visoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, Kruševac 2017-01-01
Series:Trendovi u Poslovanju
Subjects:
Online Access:http://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2017/2334-816X1701025R.pdf
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author Ravić Nenad
Obradović Ivan
author_facet Ravić Nenad
Obradović Ivan
author_sort Ravić Nenad
collection DOAJ
description The development of small and medium-sized enterprises plays a key role in the recovery of Serbian economy. SMEs are the engine of economic development and the key factor to achieve economic stabilization and economic growth. For years the SME sector in Serbia is in a poor state, faced with numerous problems. One of the biggest problems of local entrepreneurs is to find and provide the financial resources necessary to start a business, purchase necessary resources, ongoing maintenance of liquidity and investment operations, in order to achieve growth and business development. Bank loans are mostly expensive and difficult to access for entrepreneurs, which is why this problem is even more important. As an alternative to bank loans, there are programs of financial support to SMEs in Serbia, introduced by different institutions. This paper presents the analysis of such sources of funding for SMEs in Serbia.
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institution Kabale University
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language English
publishDate 2017-01-01
publisher Visoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, Kruševac
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series Trendovi u Poslovanju
spelling doaj-art-baae8f109a4b410c829e1d921fd00d652025-02-10T19:38:25ZengVisoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, KruševacTrendovi u Poslovanju2334-816X2334-83562017-01-0151253210.5937/trendpos1701025R2334-816X1701025RPrograms of financial support to SMEs in Serbia by non-banking institutionsRavić Nenad0Obradović Ivan1Visoka škola za poslovnu ekonomiju i preduzetništvo, BeogradVisoka poslovna škola strukovnih studija “Prof. dr Radomir Bojković”, KruševacThe development of small and medium-sized enterprises plays a key role in the recovery of Serbian economy. SMEs are the engine of economic development and the key factor to achieve economic stabilization and economic growth. For years the SME sector in Serbia is in a poor state, faced with numerous problems. One of the biggest problems of local entrepreneurs is to find and provide the financial resources necessary to start a business, purchase necessary resources, ongoing maintenance of liquidity and investment operations, in order to achieve growth and business development. Bank loans are mostly expensive and difficult to access for entrepreneurs, which is why this problem is even more important. As an alternative to bank loans, there are programs of financial support to SMEs in Serbia, introduced by different institutions. This paper presents the analysis of such sources of funding for SMEs in Serbia.http://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2017/2334-816X1701025R.pdfsmall and medium-sized enterprisesprograms of financial supportcompetition
spellingShingle Ravić Nenad
Obradović Ivan
Programs of financial support to SMEs in Serbia by non-banking institutions
Trendovi u Poslovanju
small and medium-sized enterprises
programs of financial support
competition
title Programs of financial support to SMEs in Serbia by non-banking institutions
title_full Programs of financial support to SMEs in Serbia by non-banking institutions
title_fullStr Programs of financial support to SMEs in Serbia by non-banking institutions
title_full_unstemmed Programs of financial support to SMEs in Serbia by non-banking institutions
title_short Programs of financial support to SMEs in Serbia by non-banking institutions
title_sort programs of financial support to smes in serbia by non banking institutions
topic small and medium-sized enterprises
programs of financial support
competition
url http://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2017/2334-816X1701025R.pdf
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AT obradovicivan programsoffinancialsupporttosmesinserbiabynonbankinginstitutions