Management Tools on Guaranteeing and Financing SMEs in Times 0f Crisis

Abstract

The present study has as main theme the presentation of the two major guarantee programs launched in times of crisis, namely the period of the Covid-19 pandemic and that of Russia’s invasion of Ukraine, with major effects on the world economy. The study is structured in three parts, as follows: the first part presents general elements on the situation of SMEs in Romania and the degree of their financing. The following two parties present the 2 guarantee programs, SMEs Invest Romania and SMEs Invest PLUS.

Keywords

• smes
• entrepreneurship
• smes financing
• guarantee programs