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A Systems View Across Time and Space

Table 2 Spearman’s correlation of factors related to access to finance

From: Influence of access to finance on the competitive growth of SMEs in Lesotho

Variables

Financial information access

Bank and business support services

Structure of bank

Collateral requirement

Competitive growth

Financial information access

1

    

Bank and business support services

0.44**

1

   

Structure of bank

0.35**

0.33**

1

  

Collateral requirement

0.37**

0.33**

0.39**

 

1

Competitive growth

0.54**

0.36**

0.31**

0.74**

1

  1. Source: Analysis 2021: No. of factors = 5
  2. **Correlation is significant at the 0.01 level (2-tailed)