Alternativa de financiamiento a través del Mercado de Valores para las PYMEs de Ambato durante el período Enero-Junio 2013

Abstract

The enterprise regardless its nature, size and environment where it works, at any moment needs to finance its operations related to the increment of new product lines, expansion projects among other needs. Small and medium enterprises in Ambato chosen to leverage their operations through traditional banking but this means of financing is higher costs and constraints for SMBs, it is important to have various financing alternatives that exist in the market. The lack of alternative financing is causing underutilization Stock Market by sector. As a result, a comparative example of two sources of financing has been designed; on the one hand, traditional financing of private banks, on the other hand, a very little known system as the stock market; the first system is more commonly used by people, the second system which is hardly ever used by entrepreneurs in Ambato and Ecuador; these two financing systems have been tested and applied in real practice at the hardware store Pieflex S.A. in Ambato since it has experienced the two types of leverage; therefore, it has been determined the advantages that the stock market offers to whom are willing to be part of it as they attract the necessary resources that enterprises that enterprises demand.