ANÁLISIS COMPARATIVO ENTRE ALTERNATIVAS PARA FINANCIAMIENTO A LAS PEQUEÑAS Y MEDIANAS EMPRESAS EN MÉXICO

Abstract

The productive system of the country has characterized for a low level of access to the financing so much of the financial market, since of capital market. Also that the principal consequence of it has been the establishment of a horizon of productive planning of short term and an extreme instability of income during the recessive phase of the economic cycle, which prevents the concretion of new business. Without a financial system of suitable size, the productive system only works by means of the existence of extraordinary profitability. Given the importance that the small and medium companies have had due to the fact that they have been fundamental in the development and economic sustenance of our country, product of his importance as generating of employments and for the effect multiplier that this generates in the consumption, investment and the economic activity in general we must develop programs that this type of companies achieve to remain in the managerial field. The aim of this work is to show that yes, the financial Mexican institutions (banking development pays commercial and secretary of economy) in his programs of financing existed flexible rates of interest this it will do that the small and medium companies increase his productivity diversifying his capital funds of work and fixed capital in turn it would extend the number of requested credits, for what I raise a model in square ordinary minimums (MCO) that the previous thing was showing since, he found that on the capital of work having be increased and the fixed capital beside diminishing the rate of interest does that it exists major productivity in the SMEs therefore was generating that these companies demand major credits to the financial institutions.