SME finance includes bank loans, leasing, equity, venture capital, and government funding. Traditional banks offer collateral-based lending with reliable debtors. Information-based lending evaluates borrowers' financial position. Viability-based financing assesses business growth potential
Sole proprietorship is owned and run by one person with no legal distinction. Owner receives all profits and bears unlimited liability for business debts. Business is not a separate legal entity, unlike partnerships
Micro export refers to exports below a certain limit, typically 15,000 Euros in Turkey. This model is ideal for SMEs entering global markets
DUNS is a 9-digit identifier created by Dun & Bradstreet for registered businesses. It provides comprehensive business information including name, address, and financial health. Companies can apply for DUNS number for free
SMEs are businesses with revenues, assets, or employees below certain thresholds. Each country has its own definition based on size and industry. SMEs operate differently from large companies requiring fewer systems
Tuition fee covers registration, examinations, lectures and supervision. Monthly living expenses estimated between £1,300-£1,400. Tuition fees are fixed each Spring for next academic year