Journal of Legal, Ethical and Regulatory Issues (Print ISSN: 1544-0036; Online ISSN: 1544-0044)

Abstract

Leasing Agreement on Financing SMEs in Fisheries Industry

Author(s): Siti Malikhatun Badriyah, Siti Mahmudah, Amiek Soemarmi, Tan Kamello

Financing has always been a major factor in development, including in the development of the fishing industry. Various ways can be done by entrepreneurs including micro, small and medium enterprises in financing for the development of their businesses in the fishing industry, including with leasing. Leasing agreements are generally made in standard contracts. The aim of the study was to uncover and analyze the implementation and protection of law in leasing agreements for micro, small and medium enterprises in the development of the fishing industry. The results show that leasing can be used as an alternative financing for micro, small and medium enterprises in the development of the fishing industry. Regarding the unbalanced legal irregularities and relationships result in lack of legal protection for micro, small and medium enterprises in the fishing industry. Therefore, in the future special rules are needed regarding leasing agreements, more optimal government supervision, government guarantees, breeding of the principles

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