Search the World's Largest Database of Information Science & Technology Terms & Definitions
InfInfoScipedia LogoScipedia
A Free Service of IGI Global Scientific Publishing House
Below please find a list of definitions for the term that
you selected from multiple scholarly research resources.

What is Financial Houses

Microfinance and Sustainable Development in Africa
A company concerned primarily with providing money, e.g., for hire-purchase transactions.
Published in Chapter:

SME Financing: Understanding the Barriers and Potentials for Entrepreneurs – Developing and Under-Developed World Perspectives

Emmanuel E. Oghosanine (University of Sunderland, London, UK)
Copyright: © 2022 | Pages: 27
DOI: 10.4018/978-1-7998-7499-7.ch009

Abstract

Small and medium-scale enterprises around the world go through several challenges in a bid to achieve success. Many studies argue SMEs face challenges in different areas; some are critical for success whilst other are not. One of the critical challenges put forward by several studies is finding appropriate funding. Academics have described funds as the blood of every business and a key element that prescribes the supply of entrepreneurship. The challenge of funding remains a problem around the world both in developing and underdeveloped environments. The chapter provides insight into the funding issues faced by SMEs and provides practiced ways in which businesses in developing and underdeveloped environments can address the issue of funding.
Full Text Chapter Download: US $37.50 Add to Cart
eContent Pro Discount Banner