This paper is a first attempt at differentiating the problems of finance of the privately held small businesses from …

unconstrained in both product and factor markets, finance has been widely identified as a potential constraint on entrepreneurial … activity due to either debt or equity gaps. However, in terms of externally supplied finance, it is arguably the availability … with the provision of debt finance, the nature of the relationship between bank and entrepreneur can be of considerable …

Since the prolonged recession in 1980–1982 which laid the basis for the emergence of finance-led capitalism in the US …

investment but the proceeds of major tax cuts were overwhelmingly used to finance payouts to share owners. Unemployment fell …