Contabilidade e Marketing

A Study on SMEs in Turkey with Alternate Financial Sources from Developing Countries

Abstract

Ozer AC

SMEs are the engine of economic development in developing countries so different alternative financing sources are produced for SMEs in developing countries. Financing tools for SMEs in developing countries are factoring, leasing, barter, forfeiting, venture capital, state supports and projects supports from developed countries. Although different alternative financing sources are launched in developing countries, using rates and knowledge rate about financing tools are low. In this research SMEs using rates of alternative financing sources and tools are determined. The results of the research indicates that SMEs awareness and utilization rate of alternative financing sources are low level in Turkey.