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The Funding Gap and the Financing of Small and Medium Businesses: An Integrated Literature Review and an Agenda

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  • Esho, Ebes
  • Verhoef, Grietjie

Abstract

Small and medium businesses contribute to the economies of developed and developing countries. However, they face constraints that are very different from large businesses. Chief amongst these constraints is access to finance. This paper provides an integrated review of the literature on the financing of small and medium businesses. Applying a qualitative critical context text analysis, the authors explore extant studies and identify the major themes and the different literature streams on small and medium business financing. The paper concludes by providing suggestions for future research from the gaps identified in the literature.

Suggested Citation

  • Esho, Ebes & Verhoef, Grietjie, 2018. "The Funding Gap and the Financing of Small and Medium Businesses: An Integrated Literature Review and an Agenda," MPRA Paper 90153, University Library of Munich, Germany, revised 21 Nov 2018.
    • Handle: RePEc:pra:mprapa:90153
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    More about this item

    Keywords

    SME; small business; medium business; funding-gap; SME financing; SME funding.;
    All these keywords.

    JEL classification:

    • M0 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General
    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General

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