A study carried out by Deloitte indicates an increase in access by small and micro companies (SMEs) to public funds and lines of credit. According to the data published in a report on the HSM portal, of the 250 fastest-growing small and medium-sized companies in the country, 42% have used public lines of finance over the last three years. In 2006, this figure was only 17%.
According to experts interviewed by HSM.Com, this number could be even higher if it weren't for the lack of good management models in many so-called SMEs. According to the report, there are even funds that end up not being allocated due to a lack of companies that meet the requirements for their distribution.
The importance of this investment in management is confirmed by the Deloitte study. As HSM mentions, of the 250 companies that stood out in the survey, 82% have strategic planning and 9% intend to implement it. The report also contains another interesting statistic regarding corporate governance. The survey reveals that 69% of the country's leading SMEs have executive boards and 40% have supervisory boards.
For André Fernandes Lima, professor of economics and finance at Mackenzie Presbyterian University, organized administrative and financial management is essential for access to BNDES credit lines. In an interview with HSM, the professor recalls the requirements observed by the agency, which are: ability to pay, satisfactory commercial record; discharge of tax and social security obligations; not being under a credit recovery scheme; having guarantees to cover the loan and compliance with environmental legislation.
"Unfortunately, many of these entrepreneurs have the habit of modifying their balance sheets in order to pay less tax and end up 'shooting themselves in the foot'. When they appeal to the BNDES and are denied, they blame the bureaucracy," warns André Fernandes Lima, in an excerpt from the interview published by HSM.Com.
With information from HSM portal
