| Titre : |
Access to finance for SMEs: what are the challenges of debt financing for French SMEs? |
| Type de document : |
Mémoire |
| Auteurs : |
Marjorie CAYZAC, Auteur |
| Année de publication : |
2021 |
| Importance : |
32 p. |
| Note générale : |
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| Langues : |
Anglais (eng) |
| Mots-clés : |
Management
CAPITAL ; FINANCE D'ENTREPRISE ; INVESTISSEMENT ; PME
|
| Résumé : |
Small and medium-sized enterprises are an integral part of the French productive fabric. They are essential to the functioning of the domestic economy. To do so, they need to finance themselves: to finance their operating cycle but also to finance their investments. However, SMEs face difficulties to finance themselves and are dependent on banks. This paper will show what are the problems of debt financing for SMEs and how they can overcome these difficulties and bank dependency. A quantitative study has been done to better understand the indebtedness of SMEs: what factors play on the bank indebtedness of these firms. This study complements the numerous literature reviews on the subject of SME financing problems. Therefore, this dissertation aims to answer the question what are the challenges of debt financing for French SMEs? Thus, on one hand, we will understand what influences the debt of an SME and why SMEs have problems to finance themselves. On the other hand, we will see why it is essential to develop lines of action to facilitate the access to financing of companies, notably through non-bank private placement. |
| Programme : |
MSc Corporate Finance |
| Permalink : |
https://cataloguelibrary.neoma-bs.fr/index.php?lvl=notice_display&id=538523 |
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Access to finance for SMEs: what are the challenges of debt financing for French SMEs? / 2021 
