Caracterización de las empresas pymes del sector de confecciones, a partir de los sistemas de financiamiento y su relación con la estructura de capital

Abstract

Based on the importance of the SME sector of the city of Bogotá, the following project presents an initial study about financial theories and the current situation of the specific sector, which evidences the recent industrial crisis of the city and allows to glimpse the importance that it requires the improvement of the financial culture, giving rise to a diagnosis focused on debt indicators that reflect the level and type of indebtedness that these companies handle, as well as an analysis of the costs that their sources of financing represent within their financial structure . This allows us to conclude that companies in this sector have a high level of internal leverage, are financed through the short term and suppliers are their key source of financing, despite not receiving a tax benefit and representing very high interest rates. elevated. The financing costs found are contrasted with the conditions that financial entities currently offer to the sector under study, despite the risk that the sector represents; access, low cost with respect to other sources and the tax shield, are advantages provided by indebtedness with financial institutions.