IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this article


Listed author(s):


    (Faculty of Economy and Business Administration, University of Craiova, Romania)



    (Faculty of Economy and Business Administration, University of Craiova, Romania)



    (Faculty of Economy and Business Administration, University of Craiova, Romania)

Registered author(s):

    One of the most important ways for the development of SMEs’ businesses is the credits from commercial banks and non financial institutions. The SMEs’ financing through credits depending mostly by its possibility to mortgage and in this way a major role for supporting SMEs is given by Guarantee Funds. In Romania the existence of the Guarantee Funds is the expression of the State assistance for small and medium businesses or for sensitive fields (e.g. agriculture). Also, in the current context of global crisis, the Romanian government is planning to capitalize the two State banks (Eximbank and CEC bank) to offer new credit and guarantee instruments for SMEs. Other ways to finance the businesses available for the SMEs in Romania are the European non-reimbursable funds for the development of micro-enterprises, the SMEs’ growth through: productive investments, access to financing and consultancy services, access to international markets, implementation of international quality standards, access to the results of research and development activities, facilitating cross-border co-operation, etc. The accessing these finance instruments requires the own contribution of the beneficiaries, so the credits from banks or other financial institutions and the guaranteeing these credits are needed, too.

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL:
    File Function: Revised version, 2009
    Download Restriction: no

    Article provided by Babes-Bolyai University, Faculty of Business in its journal JOURNAL STUDIA UNIVERSITATIS BABES-BOLYAI NEGOTIA.

    Volume (Year): (2010)
    Issue (Month): ()

    in new window

    Handle: RePEc:bbn:journl:2010_1_7_stancu
    Contact details of provider: Postal:
    Str Horea nr. 7, Cluj-Napoca 400174

    Phone: 004 0264 599170
    Fax: 004 0264 590110
    Web page:

    More information through EDIRC

    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:bbn:journl:2010_1_7_stancu. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Cornelia Pop)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.