Firm characteristics and credit constraints among SMEs in the Philippines

Access to finance is critical support the growth of small and medium-sized enterprises (SMEs). However, lack access adequate financing one biggest obstacles that SMEs face. This paper analyzed relationship between firm characteristics credit constraints among in Philippines. We determined which are correlated predicted probability being credit-constrained or “quasi-constrained” — i.e., able borrow from informal sources. Estimates marginal effects at means (MEMs) logistic regressions provide some suggestive evidence increased size, previous purchase fixed assets, use digital technologies for accounting financial management associated with a lower credit-constrained. The also constraint markets.