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The Constraints of Leasing in Algeria: the Case of SOFINANCE (Joint Stock Company)

Author

Listed:
  • Mustapha Elagag

    (University of Tlemcen (Algeria))

  • Imene Berrefas

    (University of Tlemcen (Algeria))

Abstract

Algeria seeks to develop small and medium enterprises to reduce its dependence on hydrocarbons revenue. But the funding problem drags down SME success at all steps. One of the reliable funding solutions is Leasing as it seems to be an investment financing solution and offers many advantages. However, we cannot ignore the fact that no miracle solution exists, and that like all things leasing also has its fair part of obstacles, which is the main subject of this article, that aims to identify the source of the obstacles restraining the development of the leasing among Algerian SMEs.

Suggested Citation

  • Mustapha Elagag & Imene Berrefas, 2019. "The Constraints of Leasing in Algeria: the Case of SOFINANCE (Joint Stock Company)," Management & Economics Research Journal, Faculty of Economics, Commercial and Management Sciences, Ziane Achour University of Djelfa, vol. 1(3), pages 27-37, September.
  • Handle: RePEc:alv:journl:v:1:y:2019:i:3:p:27-37
    DOI: 10.48100/merj.v1i3.40
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    More about this item

    Keywords

    Leasing; SMEs; Financing; Obstacles; Algeria;
    All these keywords.

    JEL classification:

    • G2 - Financial Economics - - Financial Institutions and Services
    • G20 - Financial Economics - - Financial Institutions and Services - - - General
    • G24 - Financial Economics - - Financial Institutions and Services - - - Investment Banking; Venture Capital; Brokerage

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