Impact of access to finance on growth of SMEs: evidence from Ilorin metropolis, Nigeria

Abstract

The study investigates the impact of access to finance on the growth of Small and Medium Scale Enterprises (SMEs). Data were drawn from primary sources using questionnaire to elicit responses from sampled SME owners and managers. The study used both descriptive and inferential statistics to analyse the data gathered through the questionnaire. The results revealed a significant positive relationship between access to finance and growth of SMEs.