The financial crisis has brought to the fore concerns regarding small- and medium-sized enterprises' (SMEs) capacity to … access traditional bank lending. Using European firm-level data on SME access to finance since the onset of the financial … crisis, we find that bank-lending constrained SMEs are significantly more likely to avail of alternative forms of external …

When designing schemes to help SMEs survive crises, the government typically faces asymmetric information, so that it … cannot target the SMEs most worth saving. We show that the government can exploit the information in the borrower loan demand … fully subsidise the funding cost of only those SMEs whose loan size is below a threshold. If the aim is economic efficiency …

medium-sized enterprises (SMEs) in the People's Republic of China (PRC) and five Southeast Asian economies (Indonesia …, Malaysia, the Philippines, Thailand, and Viet Nam). Analysis of microdata from enterprise surveys highlights key aspects of SME … finance since the global financial crisis, including sources of credit, lender types, and collateral types. First, SMEs …