Vermoesen, Veronique; Deloof, Marc; Laveren, Eddy - In: Small Business Economics 41 (2013) 2, pp. 433-448
We use the recent financial crisis to investigate financing constraints of private small and medium-sized enterprises (SMEs) in Belgium. We hypothesize that SMEs with a large proportion of long-term debt maturing at the start of the crisis had difficulties to renew their loans due to the...