The impact of debt financing on self-employed entrepreneurs of Russia

It is believed that one of the main factors constraining the growth of the number of self-employed entrepreneurs and their business development is the lack of access to financial capital. The aim of this study is finding correlation between the volume of actually given loans to entrepreneurs and the key indicators of their activity (including derivatives): number of active self-employed entrepreneurs, quantity of occupied in this sector, their revenue. The object of the study covers the regions of the Russian Federation in the period from 2010 to 2015. The conducted research has shown that often the debt financing has less impact on the self-employed entrepreneurs than it is commonly believed.