Lending to Small and Medium Enterprises in Agriculture A Challenge for Commercial Banks

Reneta Dimitrova

Abstract: Access to finance is one of the most important prerequisites for business development. This is one of the main challenges for micro, small and medium-sized enterprises in general, and incl. and in the field of agriculture. Their development could not be achieved without providing them with access to various financial instruments as well as to European, governmental and other programs in support of their development. Banks still play an important role as business financing institutions, including agriculture.

Keywords: agriculture; bank loan; commercial banks; small and medium sized enterprises

Date published: 2020-01-14