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ACTUAL CASH FINANCING SITUATION OF SMES IN ROMANIA AND FURTHER RECOMMENDATIONS

Journal: Journal of Economic Development, Environment and People (Vol.3, No. 1)

Publication Date:

Authors : ; ;

Page : 26-37

Keywords : SME financing European funds; cloud computing;

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Abstract

The world is experiencing a revolution in the digital and mobile technologies, with more information available more quickly and for more media than ever before. In this context, SMEs can turn to cloud solution. Although the advantages of using the cloud are compelling for SMEs still involves financial costs. In Romania the rate of access to funds is very low. In this context, SMEs need additional assistance to obtain funding.

Last modified: 2016-01-11 20:44:29