Usaha mikro,kecil dan menengah memegang peranan penting dalam perekonomian global dengan memberikan lapangan kerja, memperkuat perekonomian lokal, mendorong inovasi, mempromosikan pemerataan ekonomi, dan mendukung pertumbuhan melalui penyaluran kredit. penelitian ini bertujuan untuk menganalisis pengaruh inflasi, suku bunga, dan non-performing loan (npl) terhadap penyaluran kredit umkm di bank umum di indonesia. penelitian ini menggunakan metode kuantitatif dengan teknik regresi linear berganda. data sekunder yang digunakan meliputi data inflasi dan suku bunga dari bank indonesia, serta data non-performing loan dan kredit umkm dari otoritas jasa keuangan, dengan rentang waktu triwulanan 2016-2023.hasil penelitian menunjukkan bahwa secara parsial, variabel suku bunga dan npl memiliki pengaruh signifikan terhadap penyaluran kredit umkm, sedangkan variabel inflasi tidak berpengaruh signifikan. secara simultan, inflasi, suku bunga, dan npl berpengaruh signifikan terhadap penyaluran kredit umkm kata kunci : inflasi, suku bunga, non-performing loan (npl), penyaluran kredit, umkm, bank umum.

Micro, small, and medium enterprises (msmes) play an important role in the global economy by providing employment opportunities, strengthening the local economy, encouraging innovation, promoting economic equality, and supporting growth through lending. this research aimed to analyze the influence of inflation, interest rates and non-performing loans (npl) on msme credit distribution at commercial banks in indonesia. this research applied quantitative methods with multiple linear regression techniques. the secondary data used included inflation and interest rate data from bank indonesia, as well as non-performing loan and msme credit data from the financial services authority, with a quarterly period of 2016-2023. the research results discovered that the interest rate and npl variables partially have a significant impact on msme credit distribution, while the inflation variable has no significant effect. simultaneously, inflation, interest rates, and npls have a substantial impact on msme credit distribution. keywords: inflation, interest rates, non-performing loans (npl), credit distribution, msmes, commercial banks.