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SME Funding

The Role of Shadow Banking and Alternative Funding Options

  • Gianluca Oricchio
  • Andrea Crovetto
  • Sergio Lugaresi
  • Stefano Fontana

Table of contents

  1. Front Matter
    Pages i-xix
  2. Gianluca Oricchio, Sergio Lugaresi, Andrea Crovetto, Stefano Fontana
    Pages 1-6
  3. Gianluca Oricchio, Sergio Lugaresi, Andrea Crovetto, Stefano Fontana
    Pages 7-41
  4. Gianluca Oricchio, Sergio Lugaresi, Andrea Crovetto, Stefano Fontana
    Pages 43-57
  5. Gianluca Oricchio, Sergio Lugaresi, Andrea Crovetto, Stefano Fontana
    Pages 59-138
  6. Gianluca Oricchio, Sergio Lugaresi, Andrea Crovetto, Stefano Fontana
    Pages 139-171
  7. Gianluca Oricchio, Sergio Lugaresi, Andrea Crovetto, Stefano Fontana
    Pages 173-209
  8. Gianluca Oricchio, Sergio Lugaresi, Andrea Crovetto, Stefano Fontana
    Pages 211-235
  9. Gianluca Oricchio, Sergio Lugaresi, Andrea Crovetto, Stefano Fontana
    Pages 237-246
  10. Back Matter
    Pages 247-259

About this book

Introduction

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.

Keywords

Funding Gap Alternative Funding Options European Capital Markets Credit Risk Models Shadow Banking Risk-Averse Lending Environment Regulatory Costs Economic Policy Small and Medium-Sized Enterprises bank banking banking crisis capital market funding Options Rating

Authors and affiliations

  • Gianluca Oricchio
    • 1
  • Andrea Crovetto
    • 2
  • Sergio Lugaresi
    • 3
  • Stefano Fontana
    • 4
  1. 1.Springrowth SGRMilanItaly
  2. 2.EPIC SIMMilanItaly
  3. 3.ABIRomeItaly
  4. 4.Sapienza Università di RomaRomeItaly

Bibliographic information

  • DOI https://doi.org/10.1057/978-1-137-58608-7
  • Copyright Information The Editor(s) (if applicable) and The Author(s) 2017
  • Publisher Name Palgrave Macmillan, London
  • eBook Packages Economics and Finance
  • Print ISBN 978-1-137-58607-0
  • Online ISBN 978-1-137-58608-7
  • Buy this book on publisher's site
Industry Sectors
Finance, Business & Banking