Shortage of working capital to finance exports.

Shortage of working capital to finance exports.

A similar primacy of financing barrier was reported by Australian businesses planning their first international operations. Limitations in finance and related physical resources have continued to be highlighted as a leading barrier to the internationalization of SMEs. The pertinent evidence include the observed disadvantages faced by Canadian international new ventures or early-stage SME exporters, relative to their more established counterparts, in regard to accessing operating and term loans and the terms thereof. Lack of capital requirements and other firm resources and limited access to key infrastructure were also reported by SMEs recently investigated in China, Finland, India, Indonesia, Ireland, Russia, South Africa, Spain, Sweden, and Turkey.