IMPROVING BUSINESS EFFICIENCY THROUGH LENDING TO SMALL BUSINESSES AND ENTREPRENEURSHIP

Abstract

The issue of increasing business efficiency through lending to small businesses and entrepreneurship is considered one of the most important areas of economic development today. The role of small businesses in the economy is incomparable, because it not only increases production volumes, but also plays an important role in creating new jobs. Therefore, effective financial support for small businesses, in particular, their development through lending, is becoming a priority task of the economic policy of each country. The lending system serves as an important source of financial resources at any stage of business activity. With its help, entrepreneurs have the opportunity to expand their projects, introduce new technologies, and modernize production processes.