Carl Osunde
This article deals with ability of business owners to access bank loans which is an important aspect relating to the sustainability of Small and Medium Enterprises. Researches have shown that bank impose stringent conditions to give out loans particularly to start up business owners but there is a need to examine if small business owners have challenges that inhibits their ability to secure bank loans and other credit facilities. Therefore, this research article examines some factors that contribute to the inability of small and medium business owners to secure bank loans such as gender, age, education and cultural perceptions. In this present research, the author used structured questionnaire to conduct the study from the sample 150 respondents who are small and medium business owners over a period of three months using the structured survey method in four states of Nigeria namely Edo, Delta, Anambra and Abia states respectively.
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