Balancing Tradition and Innovation: A Comparative Analysis of SME Financing Approaches in Practice

The financial stability of small and medium-sized enterprises (SMEs) depends on their ability to identify and effectively combine available financial resources in the context of a dynamically evolving economic environment. Traditional forms of capital financing remain dominant despite the growing availability of innovative instruments whose potential often goes underutilized. Limited awareness of alternatives and the absence of a systematic approach to financial diversification reduce the capaci