This article explores the use of debt capital by small firms using data from the 1998 Survey of Small Business Finances. An examination of the data reveals differences in the characteristics and borrowing experience of small firms by race and ethnicity. Results indicate that although minority...

This article examines theories of capital structure pertaining to small firms and looks at the capital structure of small to mid-sized manufacturing firms within the context of those theories. Results provide support for Leland and Pyle’s (1977) Signaling Theory, Myers' (1984) Pecking Order...

A Rising Tide: Financing Strategies for Women-Owned Firms is a "must read" for current and aspiring women entrepreneurs who want to learn more about the financial tools and techniques that will help them to launch, develop, and grow their firms.