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Financing export activities of small Canadian businesses: Exploring the constraints and possible solutions

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  • Tannous, George F.

Abstract

This study explores the challenges that face Canadian entrepreneurs and small business owners in financing their export activities and investigates the problems that constrain financial institutions in providing more financial resources to current and potential exporters. The data are obtained during interviews with the export financing executives of various financial institutions and with entrepreneurs and managers of several companies who are in various stages of their export activities and represent many industries. The interviews reveal that some problems are fundamental and will continue to constrain export finance. At the same time, the study finds that some problems can be resolved by bridging the informational gap that currently exists between Canadian exporters and suppliers of credit.

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  • Tannous, George F., 1997. "Financing export activities of small Canadian businesses: Exploring the constraints and possible solutions," International Business Review, Elsevier, vol. 6(4), pages 411-431, August.
    • Handle: RePEc:eee:iburev:v:6:y:1997:i:4:p:411-431
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    Cited by:

    1. Abu Ayob & Shamshubaridah Ramlee & Aisyah Abdul Rahman, 2015. "Financial factors and export behavior of small and medium-sized enterprises in an emerging economy," Journal of International Entrepreneurship, Springer, vol. 13(1), pages 49-66, March.
    2. Manpreet Kaur, 2015. "Bank Selection Process and Market Segmentation: Evidence from Indian Exporting SMEs," Vision, , vol. 19(2), pages 79-88, June.
    3. Fulbag Singh & Manpreet Kaur, 2014. "Small and Medium Enterprises’ Awareness Regarding Export Credit Delivery System," Management and Labour Studies, XLRI Jamshedpur, School of Business Management & Human Resources, vol. 39(1), pages 63-79, February.
    4. Halldin, Torbjörn, 2012. "External finance, collateralizable assets and export market entry," Working Paper Series in Economics and Institutions of Innovation 268, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
    5. Eriksson, Kent & Fjeldstad, Øystein & Jonsson, Sara, 2017. "Transaction services and SME internationalization: The effect of home and host country bank relationships on international investment and growth," International Business Review, Elsevier, vol. 26(1), pages 130-144.
    6. Ayob, Abu H. & Freixanet, Joan, 2014. "Insights into public export promotion programs in an emerging economy: The case of Malaysian SMEs," Evaluation and Program Planning, Elsevier, vol. 46(C), pages 38-46.
    7. Federica Sist, 2014. "Financial Needs of Internationalized Firms," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 5(4), pages 171-179, October.
    8. Mário Nuno Mata & Mohammad Falahat & Anabela Batista Correia & João Xavier Rita, 2021. "Impact of Institutional Support on Export Performance," Economies, MDPI, vol. 9(3), pages 1-13, July.
    9. Benedict Afful Jr, PhD. & Emmanuel Quarshie & Joseph Kwasi Asafo, 2021. "Debt Financing and Manufacturing Firms’ Decision to Export: Evidence from Ghana," International Journal of Research and Scientific Innovation, International Journal of Research and Scientific Innovation (IJRSI), vol. 8(10), pages 84-88, October.

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