Since bank credit lines are a major source of corporate funding and liquidity, we examine the determinants of credit … line usage with a database of Spanish corporate credit lines. A line's default status is the primary factor driving its … monitoring in firms' usage decisions. Credit line usage is found to be inversely related to macroeconomic conditions. Overall …

Managing the credit risk inherent to a corporate credit line is similar to that of a term loan, but with one key … default (LGD). However, since a credit line allows the borrowers to draw down the committed funds according to their own needs … corporate lending within Spain over the last 20 years, provides the most comprehensive overview of corporate credit line use and …

of credit, especially for small businesses. Data show that the number of loans to small businesses has dropped from 5 … important role that small businesses play in the US economy. Making credit accessible to small businesses, therefore, is seen as … in small business lending, and even fewer have focused attention on the implications of the reduction in credit for small …

affects loan customers of the acquired institution. Wealth losses are greater when loan customers are credit-constrained, the … consolidation in banking has unfavorably affected the availability of credit for smaller firms and especially capital …

-promoting bond issuance causes exit while cheaper bank credit induces entry. When reducing transactions costs in one market, the …