Gianluca Sergi | Akateeminen Kirjakauppa

This book explores current financing options
for small and medium size enterprises (SMEs), with particular insight into the
European market. The authors position SME funding within a risk-averse lending
environment with high regulatory costs on business loans, which has arisen from
the recent financial crisis and new European bank capital regulations. Chapters
in the book demonstrate how and why SMEs may be forced to leave the market and
posit that shadow banking and other alternative funding options are viable
channels for raising funds. A new and innovative SME credit risk model is also
presented. This book will appeal to all who share an interest in sustainable solutions to
issues in SME financing.