institutions, although tending to be small, are key intermediaries for SME loans, with a relatively strong focus on smaller SMEs …

empirical taxonomy of SME financing patterns in Europe, applying cluster analyses. In order to investigate the cluster stability … of SMEs. Our results confirm the results of Moritz et al. (2016) and show that European SME financing is not homogenous …, but that different financing patterns exist. Our cluster analysis identifies seven distinct SME financing types based on …

crisis banks will remain the main external financing source for SMEs. Against this background SME securitisation (SMESec) can … financial intermediaries broaden their funding base, achieve capital relief and ultimately, increase their SME financing … SME segment showing low default rates. The reputation of the SME securitisation market segment is continuously improving …