Financing of SMEs, Recreational Tourist Centers, Sullana, Piura-Peru, 2016

The objective of this research is to determine and describe the financing of micro and small companies in the recreational center of the city of Sullana based on the owners’ lack of knowledge of the sources and facilities to access financing. Being descriptive, with a quantitative cross-sectional approach, the non-experimental type. In conclusion, due to the climatic factors that occur in the northern region of Peru, such as the El Niño phenomenon, entrepreneurs are reluctant to assume risks inherent in long-term financing, due to the experiences of previous periods and in which Their income was significantly affected since this phenomenon occurs between the months of October and April, a period in which, since it is summer in the region, there is a greater demand for the service offered. Due to this, the cash flows would be affected, which would raise the financial cost in the event of non-compliance with the payment schedules in the event that a credit is accessed by a bank or savings bank in the long term.

• Autor principal: Jurado-Rosas, Adolfo Antenor (author)
• Format: article
• Idioma: spa
• Publicat: 2020
• Matèries: Recreational centers; Financial cost; El Niño phenomenon; Financing; Cash flow; SMEs; Centros recreacionales; Costo financiero; Fenómeno de El Niño; Financiamiento; Flujo de caja; Pymes
• Accés en línia: https://revistas.ute.edu.ec/index.php/economia-y-negocios/article/view/1067