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, collateral values, and debt limits. We show that the collateral premium of a durable asset will become the lowest right before a …
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Asset-based lending, the supply of loans based on floating collateral, is an important source of funding for small .rms … firms. Close monitoring of collateral by lenders results in an informational advantage for the incumbent lender and third …
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Micro, small, and medium-sized enterprises (MSMEs) play a significant role in the Indonesian economy, however most MSMEs have difficulties in accessing finance. The Credit Guarantee Scheme (CGS) is a popular program for guaranteeing bank lending to MSMEs by the government. The objective of this...
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