Small business is the most important economic component of countries with a market economy. Small business develops industries that are not capable or does not want to fill in large and medium -sized businesses. Such industries include services to the population and business services. At the same time, small business is the most unstable type of business in the sector of the economy.
The percentage of small business enterprises in Russia has not actually increased from the first years of the reform of the economy, which indicates the presence of adverse conditions for this type of business. An entrepreneur who decided to open his small enterprise is faced with a number of problems. The most important place among them is occupied by financial difficulties. Credit for small enterprises is one of the forms of their solution. But in practice it is not easy to get loans to small businesses. And the conditions for the implementation of a loan agreement for many borrowers are very burdensome.
Why bankers are reluctant to loan small enterprises? One of the first reasons is the insufficient “transparency” of small business enterprises. Entrepreneurs really widely use the “gray” schemes, justifying their unwillingness to “get out of the gloom” by the loss of competitive advantages and increasing taxes. Retrospect of bankers – receiving loans will cover an increase in tax burden due to the benefit of using additional financial resources.
The second reason is that many entrepreneurs are not financially literate and cannot properly dispose of the loan, which is taken, for example, to the OTP Bank Volgograd. Statistical polls show that for 15% of entrepreneurs, interest rates on loans are exorbitantly high. 23% of owners of small enterprises consider it an obstacle to obtaining a loan need to provide a guarantor. 25% include the requirement of the pledge to the difficulty executable condition of the loan. Assets of a small enterprise are small and cannot cover the requirements for the pledge. The goods are very often due to its specifics and storage periods in the form of a pledge for the bank does not represent. Surround loans have refinancing rates even higher and are provided for a limited amount.
For those who start a business from scratch, disappointment is the condition that a small enterprise for a loan must be registered and exist in one with the region of the region for at least 6 months, do not have a debt on loans and show a constant income. The absence of starting capital or its insignificance is the main reasons for refusing a loan to a small enterprise.