A SURVEY TO IDENTIFY REASONS FOR DENIAL OF SMALL BUSINESS LOAN REQUESTS

Abstract

One of the major concerns of small businesses today is adequate cash flow. Sometimes firms suffer from a negative cash flow, especially in the early years of their operation and during prolonged periods of cyclical downturns in the economy, as was the case recently. The problem is compounded when small firms are undercapitalized and have inadequate net working capital. Normally, as profits are generated, these conditions are alleviated. However, unless a small business can manage to get through such periods of adverse cash flow, it may be doomed to failure.

Citation

Jones, R.G. and Kohers, T. (1993), "A SURVEY TO IDENTIFY REASONS FOR DENIAL OF SMALL BUSINESS LOAN REQUESTS", Managerial Finance, Vol. 19 No. 8, pp. 50-61. https://doi.org/10.1108/eb013741