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The Role of Bank Credits in Investment Financing of the Small and Medium-sized Enterprise Sector in Poland

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  • Joanna Duda

    (AGH University of Science and Technology, Faculty of Management)

Abstract

Innovativeness of enterprises is largely dependent on their ability to obtain investment capital. Problems encountered by the SME sector when trying to obtain bank credits are commonly mentioned, therefore this paper attempts to evaluate the role of bank credits in financing investment activities of Polish SMEs on the basis of available literature and empirical research. To this end, sources of financing were analysed, focusing in particular on crediting offered to small and medium-sized enterprises, costs and terms of obtaining credits are presented in reference to the structure of actual investments.

Suggested Citation

  • Joanna Duda, 2013. "The Role of Bank Credits in Investment Financing of the Small and Medium-sized Enterprise Sector in Poland," Managerial Economics, AGH University of Science and Technology, Faculty of Management, vol. 13, pages 7-20.
    • Handle: RePEc:agh:journl:v:13:y:2013:p:7-20
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    File URL: http://www.managerial.zarz.agh.edu.pl/EM_on_line/Managerial%20Economics%2013%20%282013%29.pdf
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    References listed on IDEAS

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    Cited by:

    1. Joanna Duda & Maciej Wozniak, 2018. "Bank policies towards SME sector in Poland and selected countries worldwide," Managerial Economics, AGH University of Science and Technology, Faculty of Management, vol. 19(1), pages 25-47.
    2. Amarjit Gill & Harvinder S. Mand & Afshin Amiraslany & John D. Obradovich, 2019. "The Impact of Internal Financing Sources and Bank Financing on Information Technology Investment," International Journal of Business and Economics, School of Management Development, Feng Chia University, Taichung, Taiwan, vol. 18(1), pages 1-16, June.

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