The effects of mutual guarantee societies on the SME’S

  1. Joaquín Miñarro Gómez
  2. Ginés Hernández Cánovas
  3. Pedro Martínez Solano
Revue:
Universia Business Review

ISSN: 1698-5117

Année de publication: 2016

Número: 50

Pages: 38-53

Type: Article

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D'autres publications dans: Universia Business Review

Résumé

The aim of this paper is to analyze the effect of a guarantee received from a Mutual Guarantee Society on the cost and availability of credit for small and medium sized enterprises. A sample of SMEs that were guaranteed in 2010 is analyzed. The results show that, in general, SMEs that obtained financing guaranteed by a Mutual Guarantee Society enjoy greater access to bank financing than those not financed in this manner.

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