Similar Search Results

The real effects of FinTech lending on SMEs : evidence from loan applications

Eça, Afonso; Ferreira, Miguel A.; Prado, Melissa Porras; … - 2022

We show that FinTech lending affects credit markets and real economic activity using a unique data set of a Peer … businesses who already have access to bank credit. Firms use FinTech to obtain long-term unsecured loans and reduce their …

Persistent link: https://www.econbiz.de/10012818733

Sources of the small firm financing premium : evidence from euro area banks

Holton, Sarah; McCann, Fergal - 2017

The post-2008 period in the euro area was characterised by sharp dispersion in borrowing costs faced by firms, across both countries and firm types. This dispersion was an important manifestation of the financial fragmentation" which hampered the smooth transmission of accommodative monetary...

Persistent link: https://www.econbiz.de/10011697389

Bank credit and market-based finance for corporations : the effects of minibond issuances

Ongena, Steven; Pinoli, Sara; Rossi, Paola; Scopelliti, … - 2020

-based funding opportunity for unlisted firms. Using the Italian Credit Register, we investigate the impact of minibond issuance on … bank credit conditions for issuer firms, both at the firm-bank and firm level. We compare new loans granted to issuer firms … addition, issuer firms reduce the amount of used bank credit but increase the overall amount of available external funds …

Persistent link: https://www.econbiz.de/10012390449

Bank lending in the knowledge economy

Dell'Ariccia, Giovanni; Kadyrzhanova, Dalida; Minoiu, … - 2020

We study the composition of bank loan portfolios during the transition of the real sec-tor to a knowledge economy where firms increasingly use intangible capital. Exploiting heterogeneity in bank exposure to the compositional shift from tangible to intangible capital, we show that exposed banks...