Impact of Lack of Financial Resources on The Progress of ‎Small and Medium-Sized Enterprises in Saudi Arabia

Raddad S  Alshami

doi:10.14419/tgkj4j63

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Authors
- Raddad S Alshami College of Business, Baker College, Michigan, USA
https://doi.org/10.14419/tgkj4j63

Received date: August 11, 2025

Accepted date: November 27, 2025

Published date: December 9, 2025
SMEs; Saudi Arabia; Financial Resources
Abstract

The present state of SMEs in Saudi Arabia is a topic of discussion since it's considered one of the most influential countries in ‎the Arab region. Since Saudi Arabia is a growing economy, holding immense dominance as an oil exporter in the global market, ‎it is important to employ strategies that maintain the longevity of the resource. A major segment overcoming this dependence is ‎Small and Medium Enterprises (SMEs), which is one of the fastest-growing industrial sectors in the country’s economy. The ‎present study revolves around identifying the Impact of a lack of financial resources on the progress of SMEs in Saudi Arabia. ‎The methodology for this project is quantitative. For the quantitative study, a survey was conducted among the employees ‎‎(N=500) of 100 different small and medium-sized companies in Saudi Arabia. The inferential results indicated that Saudi Ara-‎bia is significantly impacted by the coefficients considered in the study. It was found that the insufficient size of the loan or ‎maturity has a high impact on the hindrance to the progress of the SMEs in Saudi Arabia. Factors considered in this study will ‎be used for further research work with a bigger sample size for a better understanding. Studies related to SMEs in various ‎Middle East countries with regions can be conducted to compare the situation of SMEs in Saudi Arabia and what problems ‎faced by SMEs in it‎.
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Alshami, R. S. . (2025). Impact of Lack of Financial Resources on The Progress of ‎Small and Medium-Sized Enterprises in Saudi Arabia. International Journal of Accounting and Economics Studies, 12(8), 251-268. https://doi.org/10.14419/tgkj4j63
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Impact of Lack of Financial Resources on The Progress of ‎Small and Medium-Sized Enterprises in Saudi Arabia

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