TY - JOUR AU - Hameed, Waseem Ul AU - Mohammad, Hisham Bin AU - Iqbal, Javed AU - Razzaq, Shazma AU - Maqbool, Nadeem PY - 2020/12/31 Y2 - 2024/03/29 TI - Debt Financing Management: The Modes of Debt Financing for Small and Medium-Sized Enterprises (SEMs) in Pakistan JF - iRASD Journal of Management JA - iRASD J. Manag. VL - 2 IS - 2 SE - Articles DO - 10.52131/jom.2020.0202.0016 UR - https://internationalrasd.org/journals/index.php/jom/article/view/165 SP - 56 - 68 AB - <p style="text-align: justify;"><strong>Purpose</strong> – The basic purpose of this paper is to analyze the debt financing of small and medium-sized enterprises (SMEs) in Pakistan through different modes from conventional and non-conventional (Islamic) institutes.</p><p style="text-align: justify;"><strong>Design/Methodology/Approach</strong> – Data is publicly available on databases and websites about debt financing of small and medium-sized enterprises (SMEs) of Pakistan, thus data is collected from these databases and websites in the form of articles and handbooks about Pakistan.</p><p style="text-align: justify;"><strong>Findings</strong> – It is found from the analysis that a lot of financing choices and modes are available for small and medium-sized enterprises (SMEs) in Pakistan. These modes are provided by both conventional and non-conventional (Islamic) financial institutes. All the debt modes are discussed in the paper. In addition, there are some drawbacks of debt financing that arises from conventional and non-conventional (Islamic) financial institutes, which alleviate small and medium-sized enterprises (SMEs) from adopting these modes</p><p style="text-align: justify;"><strong>Research Limitations/Implications – </strong>Some financial institutes, especially banks, lack knowledge and information about small and medium-sized enterprises (SMEs) in Pakistan. Banks could lessen it by acting as a mediator for small and medium-sized enterprises (SMEs).</p><p style="text-align: justify;"><strong>Originality/Value</strong> – This review paper's main contribution is to analyze the contribution of financial institutes in debt financing small and medium-sized enterprises (SMEs) in Pakistan. Paper discusses all the modes available for the small and medium-sized enterprises (SMEs) in Pakistan thoroughly through conventional and non-conventional (Islamic) financial institutes.</p> ER -