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improve small and medium-sized enterprise (SME) access to finance. Meanwhile, the diversification of financing modalities … beyond conventional bank lending is another key policy pillar to better serve various financing needs of SMEs and expand … importance of promoting long-term financing for SMEs in the context of investment. The development of capital markets that SMEs …
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Using a novel way to identify relationship and transaction banks, we study how banks' lending techniques affect funding to SMEs over the business cycle. For 21 countries we link the lending techniques that banks use in the direct vicinity of firms to these firms' credit constraints at two...
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enterprises and the constraints to SME financing remain the main topic of policy discussion today. Against this background, the … SME financing. This will also ensure that lending to small-business clients is not a burden to the government and is self …
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