Access to Bank Credit and SME Financing

Part I. Credit Market Environment and SME Finance in Europe

1. Non-Bank Financing for Euro Area Companies During the Crisis
Annalisa Ferrando, Emmanouil Mavrakis

2. Neither a Borrower Nor a Lender Be! Loan Application and Credit Decision for Young European Firms
Andrea Moro, Daniela Maresch, Annalisa Ferrando, Julia Barbar

3. Legal-Institutional Environment, Social Capital and the Cost of Bank Financing for SMEs: Evidence from the Euro Area
Emma Galli, Danilo V. Mascia, Stefania P. S. Rossi

4. Credit Access for Small Firms in the Euro Area: Does Gender Matter?
Maria Lucia Stefani, Valerio Vacca

5. The Small Firm Financing Premium in Europe: Where and When Do Small Firms Pay the Most?
Sarah Holton, Fergal McCann

6. Sovereign and Bank CDS Spreads During the European Debt Crisis: Laying the Foundation for SMEs’ Financial Distress
Danilo V. Mascia, Paolo Mattana, Stefania P.S. Rossi, Roberto D’Aietti

7. SME Sources of Funding: More Capital or More Debt to Sustain Growth? An Empirical Analysis
Marina Brogi, Valentina Lagasio

Part II. SME Funding and the Role of Alternative Non-Bank Finance in Italy

8. SME Credit Access After Basel III. Does Size (and Quality) Matter?
Pietro Vozzella, Giampaolo Gabbi

9. Credit Supply and Bank Interest Rates in the Italian Regions
Roberto Malavasi, Mauro Aliano

10. Corporate Bonds for SMEs: A Study of Italian Minibonds
Roberto Malavasi, Giuseppe Riccio, Mauro Aliano

11. Using Open-End Mutual Fund Resources to Finance SMEs: The Potential Market Share of ELTIFs
Fabrizio Crespi

Keywords: Finance, Banking, Capital Markets