Barreras de acceso al crédito de la banca para las pequeñas y medianas empresas en Ecuador

Abstract

Abstract: The objective of this article is to examine the barriers to access to credit in formal banking for small and medium-sized enterprises in Ecuador. We use discrete choice models, where the dependent variable is access to credit and independent variables are the internal characteristics of small and medium-sized enterprises. The results suggest that SME income is the main determinant of access to credit. The use of the Internet, the time of permanence in the market and the economic activity in which they specialize have a small effect in the access to the financing. The results of the present investigation can be useful to propose policies that reduce the barriers of access to formal credit of SMEs.