The question of leasing credit as a substitute or complement of a banking loan has still not been resolved in the … characteristics of firms using leasing credit and on the other hand, to better understand the relationship between leasing and credit … credit rationing and the use of leasing. In this framework the latter appears to be a last resort financing. …

We study 52 million trade credit contracts, issued by 51 suppliers over 9 years to about 199,000 unique customers. The … analysis contradicts the conventional view that trade credit is an inferior source of funding. Specifically, while we replicate … rather than smaller trade credit usage. In fact, customers' financial conditions are unrelated to agreed contract duration …

We study the sensitivity of banks' credit supply to small and medium size enterprises (SMEs) in the UK to banks … branches in the UK, we connect firms' access to bank credit to the financial condition (i.e., bank health and the use of core … conditions did not influence credit availability irrespective of the functional distance (i.e., the distance between bank branch …