LA TITULARIZACION DE ACTIVOS COMO MÉTODO ALTERNO DE FINANCIAMIENTO EN LAS PEQUEÑAS EMPRESAS:

Abstract

The restrictions must face a Small Business (SME ) when applying bank financing limit obtaining working capital for its development, here comes the need to have agile tools to facilitate liquidity for SMEs. The purpose of this study is to demonstrate the potential of securitization as an alternative financing tool , useful to meet the operational needs of SMEs. This paper analyzes economies that use securitization as a source of effective financing, placing securities from the conversion of the assets of the company, which will be traded on the stock market and provide liquidity to decrease debt. This tool does not require delivery of appropriate as in the case of banks , thus diversifying the sources of financing used by SMEs guarantees. Analyzing the benefits of New Securities Market Law and the benefit and ease that SMEs will have to opt for this form of financing, noting bibliographic and legal evidence concludes that securitization is useful tool to finance the operation SMEs in Ecuador .