LEASING AS A MAJOR FINANCING DEVICE FOR SMALL SCALE INDUSTRIES IN ENUGU URBAN (A CASE STUDY OF HAPEL NIG. LTD)
TABLE OF CONTENT
CHAPTER ONE
- Introduction                                                                  1
1.1    Background of the study                                                        1
- Statement of the problem                                             4
- Objective of the study                                                  4
- Scope of the study                                                                  5
- Research questions                                                       6
- Significance of the study                                              7
CHAPTER TWO
- Review of literature                                                      8
2.1    Definition of small scale enterprise                               8
2.2    Financing enemies for small scale enterprise                10
2.3    Concept and evolution of leasing                                  18
2.4    Types of leasing                                                            21
2.5    Central bank guidelines and leasing                              26
2.6    Summary of related literature                                       28
CHAPTER THREE
- Methodology                                                                30
3.1    Research design                                                            30
- Area of study                                                                30
- Population of the study                                                          30
- Sample and sampling procedure                                   31
- Instrument for data collection                                       32
- Validation of the research instruments                         32
- Reliability of the research instruments                          33
- Method of data collection                                             33
- Method of data analysis                                                         34
CHAPTER FOUR
- Data presentation and results                                       35
CHAPTER FIVE
- Discussion, implications, recommendations                           44
5.1    Summary of findings                                                    44
- Discussion of results                                                     45
- Conclusion                                                                    50
- Implications of the study                                                        50
- Recommendations                                                                  51
- Suggestions for further studies                                               53
- Limitation of the study                                                 53
References                                                                     55
Appendix                                                                      56
LISTS OF TABLES
Table 2.1: Â Â Â Â Â Â Â Â Â Â Â Bank loans to small-scale enterprises as at
31st December 2000
Table 2.2 Â Â Â Â Â Â Â Â Â Â Â Â Actual lease portfolio of merchant banks loans advance
and advances mattered against central bank prescribed ceiling.
Table 4.1Â Â Â Â Â Â Â Â Â Â Â Â Â Responses from the respondents on the extent of small-scale industries obtaining adequate institutional credit.
Table 4.2Â Â Â Â Â Â Â Â Â Â Â Â Responses from the respondents on if they are aware of
the lease financing technique whereby companies can procure required plant and machinery without making an outright payment for them.
Table 4.3:Â Â Â Â Â Â Â Â Â Â Â Â Responses from the respondents on if their company
made any effort in order to finance their company through leasing.
Table 4.4:Â Â Â Â Â Â Â Â Â Â Â Â Responses from the respondents on if the use of leasing
resulted to any advantage.
Table 4.5: Â Â Â Â Â Â Â Â Â Â Response from the respondents on if their company will
be in the positive to advise other companies to resort to leasing as means of finance to their companies.
Table 4.6: Â Â Â Â Â Â Â Â Â Â Â Responses from respondents on whether merchant banks
help small scale enterprise in getting lease facilities.
Table 4.7: Â Â Â Â Â Â Â Â Â Â Â Responses from respondents on whether merchant banks
helps small scale enterprise in getting lease facilities in accordance to with the central bank prescribed ceiling on lease portfolio.
ABSTRACT
Small-scale enterprises like Hapel Nigeria limited generally suffer from lack of adequate finance. The introduction of the structural adjustment programme compounded the problem such that the enterprise could hardly finance the fixed capital requirements.