Financial services used by small businesses: evidence from the 1998 survey of small business finances

Using newly available data from the 1998 Survey of Small Business Finances, this article offers preliminary findings regarding the characteristics of small businesses in the United States and their use of credit and other financial services. The main goals of the survey are to provide information on credit accessibility for small businesses, their use of financial services, and the sources of those services. The survey also provides a general-purpose database that can be used to study small business financing. Preliminary findings suggest that although the financial landscape has changed markedly since the previous survey in 1993, financing patterns and the use of particular suppliers have not.Small business ; Financial services industry

Layanan Pembiayaan Berbasis Teknologi Informasi Di BPRS Berdasarkan Prinsip Syariah

In Islamic finance, according to fiqh, interest in money is categorized as usury which means haram. The development of Islamic banking is quite rapidly spreading by providing banking services in accordance with the principles of Islamic sharia. The Sharia People's Financing Bank (BPRS) is the only BPR that operates with sharia principles in the city of Bandar Lampung. Technology-based financing on the system peer to peer (P2P) lending whose provisions refer to the DSN Fatwa concerning Technology-Based Financing Services Based on Sharia Principles. The problem in this study is how the implementation of information technology-based Murabahah contract financing services based on sharia principles at PT. BPRS Bandar Lampung? Is information technology-based financing services based on sharia principles at BPRS Bandar Lampung in accordance with DSN-MUI Fatwa No. 117/DSN-MUI/II/2018? The purpose of this study was to determine the implementation of information technology-based Murabahah contract financing services based on sharia principles at PT. BPRS Bandar Lampung. Then in the implementation of financing, it aims to find out that information technology-based financing services based on sharia principles at BPRS Bandar Lampung are in accordance with DSN-MUI Fatwa No. 117/DSN-MUI/II/2018. This study uses a descriptive-qualitative method with a normative-empirical approach based on a literature study by looking at the written regulations by identifying the appropriate theories, concepts, and sharia principles. The data used in this study are primary and secondary data. Sharia principles must be met in information technology-based financing service products based on sharia principles. Based on general guidelines on information technology-based financing service products based on sharia principles that exist at PT. BPRS Bandar Lampung is in accordance with the fatwa. Kata Kunci: The Sharia People's Financing Bank (BPRS), Technology-based financing on the system peer to peer (P2P

Financing of innovations – thresholds and options

The paper investigates thresholds and options for financing innovation activities in manufacturing and services using data from the German Community Innovation Survey (CIS) 2007. We analyze the significance of financing restrictions, especially the role of internal financing, external capital, and public funding, and discuss applicable management options to cope with challenges in markets and technology. We find that most firms rely mainly on selffinancing means to start an innovation project. As a consequence of information asymmetries, private investors, e.g. banks, are uneager to invest in risky innovative ventures. Public funding might complement internal financing in order to balance shortcomings in private capital provision, but these sources have to be identified and convinced. In sum, the empirical work states that financing innovation is an entrepreneurial task, and the management of innovation needs strategic thinking as well as a well defined capital portfolio policy.Financial management, innovation and entrepreneurship, business policies and strategies.

Financial Inclusion In Latin America and the Caribbean: Data and Trends

This report takes a look at financial inclusion, a complex issue, difficult to analyze because of the diverse perspectives that have to be taken into account to understand and measure it. There is no consensus on the definition of financial inclusion. There are three features that are usually considered: access, use, and quality of financial services. These features are closely related to the level of development of each country's overall financial system and any existing market gap.This information is critical to identify the advances and challenges of financial inclusion, as well as for the design of efficient and effective public policies. This report presents, for the first time, this information utilizing previously under-utilized data on financial inclusion, including those services mostly used by low-income populations or other groups experiencing a financing gap

The SWOT Analysis of the Romanian Health Care System

The complexity of the problem the national health care program confronts with and which must be solved through the measures of the respective reform lead to a SWOT analysis, particularly for this reform. The strong points consists of the voting And coming into force of the Law concerning the health care reform, the large number of services suppliers, for every type of medical assistance, the existence of medical excellence centres leading to an afflux of patients, regardless of the area where they live. The implementation of the hospital financing system - DRG – financing based on solved case – represented a process approved through a MH project that has benefited from the financial support of the European Union, through PHARE 2003 program. The Romanian health care system consists of the following weak points: - The necessity to increase the financing level of the Romanian health care system; - The lack of a unique integrated information system; - The lack of real self-sufficiency; - The high rate of infectious and chronic diseases; - The rate of problems related to the lack of knowledge of related servicesindicators system, SWOT analysis, strong points, weak points, financing health care, health care expenditure.

Analisis Minat Anggota Untuk Melakukan Pembiayaan Secara Syariah di Koperasi Sulit Air Sepakat (SAS)

The purpose of this study is to find out the factors that become members' interest in sharia financing at Koperasi Sulit Air Sepakat (SAS) Padang City. In understanding the phenomena that occur with the research subject, it is done by giving a questionnaire containing questions as a research instrument and a total of 68 people who are respondents in this study. From this study it was found that the regulatory policies applied, halal principles, profit sharing systems and trustworthiness had a significant effect in increasing members' interest in sharia financing at SAS Padang City, but the lack of information and services and promotions carried out were not considered optimal so that this made the interest of members reduced to carry out financing in the cooperative. What can be recommended in this study is that the Koperasi SAS Padang City should be able to provide regular socialization so that members get more information regarding the administrative process, services and products offered in financing using the concept of sharia. Because this is really needed by members in the hope that member interest in sharia financing will increas

RURAL SMALL BUSINESS FINANCE: EVIDENCE FROM THE 1998 SURVEY OF SMALL BUSINESS FINANCES

The 1998 Survey of Small Business Finances provides robust information on the financing of small businesses including an overview of their firm's organization, financial characteristics, and credit use. Information from the survey is used in this study to compare the financial characteristics of urban and rural small businesses. Overall, rural small businesses have very similar financial characteristics, access to technology and financial services, sources of financial capital, and creditworthiness when compared to urban small businesses. Nonparametric rank order statistical methods were required when comparing dollar values of urban and rural small businesses because normality assumptions were violated due to the high concentration of small firms. On average, rural and urban small businesses were strong financially and profitable. Accounts receivable and inventory comprise nearly a third of total assets. Most were organized as either sole proprietorships or corporations. The majority of small businesses utilized computers, primarily for accounting/bookkeeping, administration, and email. Primary financial services are used for transactions and trade credit. Two-thirds of purchases involve trade credit from more than 20 trade credit suppliers, on average. Both urban and rural small businesses rely on a wide variety of sources for financing and use each to the same degree. Rural small businesses possess higher creditworthiness, but nearly one-fourth still report being delinquent on business obligations.rural, small, business, finances, survey, Community/Rural/Urban Development,

Pay for Success: The First Generation - A Comparative Analysis of the First 10 Pay for Success Projects in the United States

Nonprofit Finance Fund (NFF) has released a comprehensive free report on the first 10 Pay for Success (PFS) projects that have launched in the United States. This report details how and why communities have applied this new approach to address critical social issues including early childhood education, homelessness, and criminal justice and recidivism. Pay for Success is an approach to contracting that ties payment for service delivery to the achievement of measurable outcomes. In the U.S., all of the current PFS projects have been accompanied by a form of social innovation financing, often referred to as a Social Impact Bond, in which investors provide upfront financing for the delivery of services and are repaid only if the services achieve a pre-agreed upon set of positive outcomes. The report includes a series of comparative graphics and observations on the market's development to-date. It examines project goals and project design; the partners and stakeholders involved; the underlying data, evidence, and evaluation plans; the governance and investment structures, including repayment terms and investor profiles; and project costs. To create the report, NFF drew on experience as a PFS educator, partner, and investor and conducted research using project documentation, publically available information, and stakeholder interviews. Over the past five years, NFF has conducted more than 200 PFS trainings, presentations, webinars, workshops, and convenings across the country for service providers, governments, and investors. NFF also manages the Pay for Success Learning Hub, www.payforsuccess.org, the leading national repository for education and information on Pay for Success. NFF's work on the report was made possible with the support of the Corporation for National and Community Service's Social Innovation Fund (SIF)

Medicare: A Primer 2009

Provides an overview of Medicare, including information on eligibility, enrollee characteristics, services covered, prescription drug coverage, supplemental insurance, costs and expenditures, and financing challenges. Lists cost-sharing requirements