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This study analyzes the relationship between financial planning and access to financing in manufacturing SMEs and identifies the main structural barriers that limit access to formal credit. Limited access to financing is a critical barrier to the development of small and medium-sized manufacturing enterprises (SMEs) in Latin America, particularly in Panama. An empirical study with a quantitative approach, non-experimental design, and correlational scope was conducted using a sample of 222 manufacturing companies. Statistical analysis using the chi-square test of independence and Spearman's rank correlation coefficient revealed a statistically significant relationship between financial planning and access to financing (?² = 18.42; p < 0.05; ? = 0.62). The findings suggest that companies with higher levels of financial planning are better positioned to access formal financing, due to reduced information asymmetry and greater trust on the part of financial institutions. In conclusion, an integrated model based on financial management, accounting training, and business development is proposed to strengthen the creditworthiness of manufacturing SMEs.
Este obra está bajo una licencia de Creative Commons Reconocimiento-NoComercial-CompartirIgual 4.0 Internacional.
