Empowerment of small and medium (SMEs) enterprises through the provision of credit with the guarantee of movable objects

Abstract

Small and medium enterprises have an extremly important position in national economy and social life. Especially when it is associated with the economic empowerment of the community and the amount of labor that the small and medium enterprises can absorb. In addition to having a strategic meaning for development, small and medium enterprises also serve as a means to state the results of development that has been achieved. Empowerment of Small and Medium Enterprises (SMEs) is usually accompanied by capital needs. One of the obstacles faced by SMEs in developing their business related to the weakness of capital structure and lack of access to strengthen the capital structure. There is a need for a legislation that regulates related to the granting collateral of movable objects to facilitate SMEs regarding capital loans.