Financing as a competitive aspect for mediumsized companies in Mexico

Abstract

The present research has the objective to keep record the importance of financing to small and medium-sized companies (PYMES), and with it to confirm that the financing of these enterprises is a relevant aspect for competitiveness, moreover to show that financing depends upon factors that limit it, through the PYMES financing history. Particularly, the literature that shows the medium-sized companies financing mechanisms and the inefficiencies of the market about it is revised, as well as the financing mechanisms which have worked in other markets and which have been efficient when projects focused on development have been presented. Likewise, the PYMES financing in our country is compared with the companies financing in other Latin American countries, reviewing the core importance of PYMES for competitiveness of the companies. The questions to answer are: What are the main financing problem which the median enterprises face? What are the financing means that they currently use? What are the most efficient financing means for the median enterprises?