Analisis Faktor Daya Saing, Budaya Keuangan, dan Keputusan Pembayaran Kredit terhadap Peluang Akses Layanan Keuangan UKM Lombok

Abstract

Recent empirical studies have shown that access to finance is an obstacle for SMEs to grow. Seeing this condition, OJK has set regulations related to UKM online financing (equity crowdfunding), which is booming in the financial world. This study analyzes the effect of competitiveness, financial culture, and credit payment decisions on access to finance. Sampling is based on the type of business and the category of small and medium enterprises. Data was collected from distributing questionnaires to 171 SMEs in Lombok using a door to door approach and filling out assistance. The data were tested statistically for descriptive analysis, validity and reliability, and linear regression. The results showed that there was a positive influence of competitiveness, financial culture, and credit payment decisions on SMEs financial access. These findings demonstrate the importance of the competitiveness and financial culture of SMEs to access external finance. SMEs can increase the capacity and willingness of SMEs to apply for funding. The results of the study also contribute to literacy in the financial sector related to the accessibility of SMEs in financing and credit payment decisions, competitiveness, and financial culture.

Investigasi Qualitative : Menggali Tantangan yang Dihadapi UKM Indonesia dalam Mengakses Layanan Keuangan

“…Layanan keuangan menyediakan dana yang diperlukan oleh UMKM untuk membeli peralatan, bahan baku, dan sumber daya lain yang diperlukan untuk menjalankan operasi mereka. Selain itu, layanan keuangan seperti pinjaman dan garis kredit memberikan fleksibilitas bagi UMKM untuk mengelola arus kas mereka dan berinvestasi dalam peluang baru (Prathama, 2021;Riffianto & Suryani, 2017;Wahyudiati & Isroah, 2018;Wiyono & Kirana, 2020).…”

Qualitative Investigation: Exploring the Challenges Faced by Indonesian SMEs in Accessing Financial Services in Sukabumi City

“…Financial services provide MSMEs with the funds needed to purchase the equipment, raw materials, and other resources needed to run their operations. In addition, financial services such as loans and lines of credit provide flexibility for MSMEs to manage their cash flow and invest in new opportunities [3], [10], [26], [27].…”

Achieving Access to External Finance Among Indonesian Entrepreneurs Through Financial Literacy, Financial Inclusion, Availability of Collateral, and Government Policy: A Study on Large Industrial Entrepreneurs in West Java

“…Financial access is an important factor for entrepreneurs in developing countries, including Indonesia, to achieve business success and develop their businesses. Although Indonesia has made significant progress in improving financial access in recent years, entrepreneurs still face significant challenges in accessing external funding [1], [2]. This research explores the factors contributing to the achievement of external financial access among Indonesian entrepreneurs, with a particular focus on financial literacy, financial inclusion, availability of collateral, and government policies.…”