The vast majority of firms in Europe are micro firms. Still, we know little about their financing patterns. Our paper …

empirical taxonomy of SME financing patterns in Europe, applying cluster analyses. In order to investigate the cluster stability …

This EIF Working Paper takes a holistic approach to investigate SME financing patterns in Europe by performing a … cluster analysis including 12,726 SMEs in 28 European countries. The results reveal that SME financing in Europe is not …