Impact of Bank Credit on Non-Financial Performance of Small and Medium Enterprises in Bauchi Metropolis, Nigeria

Lawan Garba¹

Section:Research Paper, Product Type: Journal-Paper
Vol.9 , Issue.9 , pp.45-52, Sep-2023

Online published on Sep 30, 2023

Copyright © Lawan Garba . This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
 

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Abstract :
This study aimed to examines the impact of bank credit on the non-financial performance of small and medium enterprises (SMEs) in Bauchi metropolis. Its aim was to assess the level of relationship between bank credit on the non-financial performance of small and medium enterprises (SMEs) in Bauchi metropolis. In line with the objective of the study, three null hypotheses were formulated to guide the research. The theoretical foundation of the study was based on the Growth theory. The research design adopted in this research is survey design method a structured questionnaire was used to collect data from a sample of Three Hundred and Thirty Five (335) SMEs. Data collected were analyzed using regression analysis with the aid of Statistical Package for Social Sciences (IBM SPSS) software version 21. The research therefore revealed that the result showed that the independent variables (i.e credit procedure, credit requirement and availability of credit) were significant joint predictors of non-financial performance. It was therefore recommended amongst others that, SMEs should explain a substantial proportion of changes that arise in SMEs financing. This study suggests Banks Credit is capable of making SMEs.

Key-Words / Index Term :
Bank Credit; Small and Medium; Enterprises; Credit Procedure; Credit Requirement; Availability of Credit; Non-Financial Performance; Nigeria

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