In this paper we examine how German cooperative banks, (non-cooperative) private credit banks and savings banks contribute to the long-term loan financing of young and small firms. Bank loans, especially long-term bank loans, are often used by young and small firms in Germany. We focus on a...

Loan financing, especially long term bank loan financing, is important for young or small firms in Germany. A large share of all small business lending in Germany originates in public financing programs and cooperative banks, (non-cooperative) private sector credit banks as well as savings banks...

Junge Unternehmen sind besonders verletzlich, denn sie benötigen einige Zeit, um sich am Markt zu etablieren und Rücklagen für schlechte Zeiten zu bilden. Gerade in einer Rezession sind sie aber besonders wichtig, denn sie schaffen neue Arbeitsplätze und befördern den...