Bartoli, Francesca; Ferri, Giovanni; Murro, Pierluigi; … - In: Journal of Banking & Finance 37 (2013) 12, pp. 5476-5485
This paper investigates SME financing in Italy. The literature distinguishes between two main different lending technologies (LTs) for SMEs: transactional and relationship LTs. We find that banks lend to SMEs by using both LTs together, independently of the size and proximity of borrowers....