| Abstract [eng] |
A successfully operating and expanding business is the main driver of a country’s economic growth. Small and medium-sized enterprises (SMEs) play a crucial role in maintaining economic stability and creating jobs; therefore, it is especially important for them to remain competitive. Fair competition encourages businesses to seek innovative solutions to optimize operations and increase efficiency. However, such solutions are not accessible to all businesses. Due to continuously tightening lending conditions, increasing down payments, and stricter collateral requirements, external financing is becoming increasingly difficult to access, especially for SMEs. As a result, leasing becomes an excellent alternative, characterized by flexible terms and the absence of additional collateral requirements, since the leased asset itself serves as collateral. Globally, leasing is actively analyzed across various fields; however, the pace of leasing development differs significantly between countries. Therefore, it is necessary to analyze the factors determining leasing development in order to reduce the gap in leasing growth among different countries. |
