• Otilija Sedlak, Ph.D. University of Novi Sad, Faculty of Economics Subotica
  • Slobodanka Jovin, M.A. Higher School of Professional Business Studies, Novi Sad
  • Radovan Pejanović, Ph.D. University of Novi Sad, Faculty of Agriculture, Novi Sad
  • Zoran Ćirić, Ph.D. University of Novi Sad, Faculty of Economics, Subotica
  • Jelica Eremić Đođić, Ph.D. EPS Distribucija, Belgrade


Micro, small and medium business units contribute to development of agribusiness only if adequate fnancial resources for founding and development are given. This paper analyzes the possibilities of fnancing micro, small and medium legal entities in agribusiness in Serbia, compared to large enterprises. Empirical research included a survey comprising 119 agribusiness units, grouped into three categories dependent on their size. The aim was to confrm that there are substantial differences between units of different sizes, concerning possibilities of accessing bank loans and concerning the process of evaluation of conditions for credit approval. Also, aim was to determine differences between the uses of necessary key economic measures in agribusiness. Results showed signifcant differences between each group of business units for the majority of the observed parameters. Consequently the small and medium-sized enterprises (SMEs) sector and especially entrepreneurs and farmers (micro units) only have limited access to fnancial resources and more fnancing costs compared to large enterprises.


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How to Cite
SEDLAK, Otilija et al. ACCESS TO FINANCE FOR MICRO, SMALL AND MEDIUM BUSINESS UNITS IN SERBIAN AGRIBUSINESS. Economics of Agriculture, [S.l.], v. 63, n. 4, p. 1219-1235, dec. 2016. ISSN 2334-8453. Available at: <>. Date accessed: 24 oct. 2020. doi:
Original scientific papers