Abstract
Many people or enterprises have ideas of establishing in their own small way but due to financing their good ideas have remained on their minds. Financing small and medium scale enterprises has been a problem in most economies, and the need to research into various sources of financing in this area has become necessary. When these sources identified, many people or entrepreneurs with good ideas can tap and establish themselves. The existing enterprises can employ the findings to help expand their businesses. The tradition has always being on sources from personal saving, plough back profit and in some few instances informal loans and financial assistance from friends and relatives is not dependable, in fact, some financiers can withdraw or take away their financial support when the business is progressing. All these are possible drawbacks of small and medium enterprises as a result of their financing. This research seeks to explore the various financing available to the small and medium enterprises for the entrepreneurs to look for.
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