bank-borrower distance and decrease with the distance between borrower and other competing banks. Along the quantity …In this paper we explore the effects of bank-borrower physical proximity on price and non-price aspects of small … business lending in local credit markets. Along the price dimension, our analysis reveals that interest rates increase with …

This paper uses a unique dataset where credit rejections experienced by euro area firms are matched with firm and bank … characteristics. This allows us to study simultaneously the role that bank and firm weakness had in the credit reduction observed in … strong determinants of credit rejections, in the crisis period bank weakness made it harder to obtain external finance for …