Strategic International Trade Financing in Small and Medium Sized Businesses

Abstract

Growth is the most significant indicator of performance in SMEs, as previous research shows that, businesses which cannot grow hardly survive. Internationalization, which is also an act of entrepreneurship, is a strategy in search of opportunities for firm growth and wealth, where new or small businesses want to achieve higher amount of sales volumes by entering into foreign markets. Market conditions in these different contexts may also carry the opportunity besides growth, by offering increased the profit margins for products and/or services, which is another motivation of pursuing internationalization strategy for SMEs