Credit union as a source of credit resources of small business Cover Image

Кредитні спілки як джерело забезпечення кредитними ресурсами суб’єктів малого бізнесу
Credit union as a source of credit resources of small business

Author(s): Olha Malinovska
Subject(s): Business Economy / Management, Micro-Economics, Accounting - Business Administration
Published by: Університет Григорія Сковороди в Переяславі
Keywords: credit union loans; small business; sources of resources; bank; small business lending mechanism

Summary/Abstract: Purpose is to analyze the theoretical foundations of credit unions in Ukraine and recommendations for credit support tosmall businesses.Methodology. The study applied techniques such as sampling, synthesis, comparison, grouping, and the study of therole of credit unions in providing credit to small businesses, the method of statistical analysis.Results The article analyzes the activities of credit unions at the present stage, it focuses on lending. The reasonsbecause of which banks are not profitable to provide credit support to small businesses are learned. Studied all the problemsthat currently do not allow time to fully engage customers to credit unions and reasoned conclusions are to improve and betterattract financial resources to credit unions.Conclusions The study found that today's possibilities of credit unions of Ukraine in financing small businesses, giventhe volume of their assets is not comparable with the possibilities of banks because the amount of assets credit unions relativelysmall. However, credit activities and social orientation of credit unions with a positive adjustment to the financial support of smallbusiness, especially when it is launching, allowing them to take their own niche in the financial market of Ukraine.

  • Issue Year: 1/2015
  • Issue No: 27
  • Page Range: 217-221
  • Page Count: 5
  • Language: Ukrainian