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Financing Small Business in America - Debt Capital in a Global Economy (Hardcover, New)
Loot Price: R2,133
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Financing Small Business in America - Debt Capital in a Global Economy (Hardcover, New)
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Examining the role of the public sector in small-business
debt-capital formation, this book describes current approaches,
conceptually and pragmatically, and evaluates their advantages and
disadvantages from a variety of perspectives. It also suggests a
model for improving our approach to small business capital
formation in the United States. Financing small business creation
and expansion has always been difficult. Private debt capital
providers tend to avoid small business because the latter are
preceived to be too risky. Yet because of the importance of small
businesses to national economic growth, stability, and innovation,
ensuring that these businesses can obtain and effectively use
appropriate levels of debt capital is vital to national well-being.
How, and to what extent, should the public sector intervene in the
debt capital markets to ensure that sufficient capital flows to
small businesses? This book is an attempt to answer that question.
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