INSTRUMENTE INOVATIVE ÎN FINANŢAREA IMM

Viorica CERBUŞCA Academia de Studii Economice a Moldovei

Rezumat

Financial instruments are defined as any tools that are used by SME or financial intermediaries to acquire funds. There is a one important rule: different SME target group need various financial schemes and lines. These varied from microcredit through public credit guarantee fund and from mutual credit guarantee association to venture capital and others. There is not a unique tool of financing SMEs. The need depends basically on the stage of maturity and size of enterprises.