Abstract

BOSCAN, Mariby  and  SANDREA, Maryana. Analysis of Commercial Credit in Small and Medium Enterprises Producing Dairy Products. Revista Venezolana de Gerencia [online]. 2009, vol.14, n.46, pp.248-259. ISSN 1315-9984.

Small businesses frequently face great challenges in the economic and social surroundings and increasingly require efficient strategies for using the financial resources they have. This article analyzes the use of commercial credit as a financing instrument for dairy product companies in the State of Zulia, identifying furthermore, their financing needs. The research is of a descriptive, field type. Among the results are: commercial credit appears to be the main instrument for short-term financing (75%), with the deadline for repayment as the most-considered criterion. When analyzing financing needs, it was found that the amount requested exceeds fifty million Bolivars; the period should be between 1 and 3 years and the interest rate could range between 10% and 20%. Conclusions were that it is necessary to coordinate the temporal credit horizon with its use and assess interest rates versus the return on the investment.

Keywords : Commercial credit; financing sources; small and medium enterprises; dairy products sector.