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bank credit, using data from the Business Environment and Enterprise Performance Survey (BEEPS). Among firms having credit … statements have better formal credit access than their counterparts. Among these, audited firms obtain bigger loan value, have …
Persistent link: https://www.econbiz.de/10014527591
corruption, may affect the access to credit for micro, small, and medium-sized enterprises (MSMEs). Using a sample of 68 …-quality institutional environment on the access to credit by small firms. …
Persistent link: https://www.econbiz.de/10011671595
entry of a remote, specialized lender to estimate the impact of specialized lending on credit access. Entry significantly … can deepen credit markets by providing new loans to low-risk but underfinanced small businesses …
Persistent link: https://www.econbiz.de/10012230524
enterprises and the constraints to SME financing remain the main topic of policy discussion today. Against this background, the … market-friendly business model and supporting scheme to help SMEs gain access to credit on a sustainable basis. Given the … SME financing. This will also ensure that lending to small-business clients is not a burden to the government and is self …
Persistent link: https://www.econbiz.de/10011522031
Persistent link: https://www.econbiz.de/10012670358
SME investment opportunities depend on the level of financing constraints that firms face. Earlier research has mainly … firms but not for constrained firms, and trade credit predicts investment, but only for constrained firms. We also find that … unconstrained firms use bank loans to finance trade credit provided to other firms. Our results illustrate alternative mechanisms …
Persistent link: https://www.econbiz.de/10003774086
We test whether rural versus urban location, and the amount of social capital present in those locations, influence the performance of Small Business Administration (SBA) 7(a) loans originated between 1984 and 2012. On average, we find that rural loans are about 11% less likely to default than...
Persistent link: https://www.econbiz.de/10012254569
the impact of this ownership type on access to credit in the region is scarce. Yet the issue is key for understanding … paper contributes to closing this knowledge gap by examining the links between family ownership and credit constraints of … SMEs in Egypt, Jordan, Morocco, and Tunisia. We found that while family-owned firms have a higher need for credit than …
Persistent link: https://www.econbiz.de/10015163047
the financial costs and loan benefits associated with SME relationship banking, extending the scope of existing literature … SMEs to secure more bank credit and longer-term loans, it also results in higher interest rates, increased guarantee …'s credit market and its consequences. …
Persistent link: https://www.econbiz.de/10014491201
To sustain growth in an aging economy, it is important to ease the financing of small firms by bank loans. Using bank internal data of small business loans in Germany, we examine the determinants of loan rates in the period 1995-2010. Beyond characteristics of the firm, the loan contract, and...
Persistent link: https://www.econbiz.de/10010240075