TY  - JOUR
AB  - In order to provide a better understanding of export financing in Ghana this exploratory study was undertaken on a sample of non‐traditional exporting firms and selected banks. The focus is on export financing in Ghana. Ghanaian exporters hardly obtain finance for export operations. Interest rates are high, and financial institutions prefer granting short‐term credit to medium or long‐term credit, and investing in government treasury bills and bonds rather than lending to small and medium‐sized firms. Small and medium‐sale exporters hardly meet the requirements of banks to access credit, especially collateral. Default on loans has been high. Exporters need to be more responsible in funds utilization, just as the financial institutions have to be more exporter‐friendly to ensure the success of the national export‐led growth strategy. The recent (2000) Export Development and Investment Act is likely to provide greater access to export finance for exporting firms.
VL  - 17
IS  - 6
SN  - 0885-8624
DO  - 10.1108/08858620210442848
UR  - https://doi.org/10.1108/08858620210442848
AU  - Buatsi Seth N.
PY  - 2002
Y1  - 2002/01/01
TI  - Financing non‐traditional exports in Ghana
T2  - Journal of Business & Industrial Marketing
PB  - MCB UP Ltd
SP  - 501
EP  - 522
Y2  - 2024/04/20
ER  -