alexa A Study on SMEs in Turkey with Alternate Financial Sources from Developing Countries | OMICS International | Abstract
ISSN: 2168-9601

Journal of Accounting & Marketing
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Research Article

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

Ozer AC*

Marmara University, Vocational School of Social Sciences, Istanbul, Turkey

*Corresponding Asuthor:
Ahu Coskun Ozer
Marmara University, Vocational School of Social Sciences
MU Goztepe Kampüsü, 34722 Kadikoy, Istanbul, Turkey
Tel: 02163081123
E-mail: [email protected]

Received date: October 24, 2015 Accepted date: December 18, 2015 Published date: January 01, 2016

Citation: Ozer AC (2016) A Study on SMEs in Turkey with Alternate Financial Sources from Developing Countries. J Account Mark 5:148. doi:10.4172/2168-9601.1000148

Copyright: © 2016 Ozer AC. This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.

Abstract

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.

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