British Business Banking : The Failure of Finance Provision for SMEs

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Michael Lloyd 978-1788213011 Agenda Publishing 2021

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Why are British banks so risk averse when it comes to providing long-term loan finance to businesses? In Europe the dominance of bank lending in the financing of small and medium sized enterprises (SMEs) is well-observed. Yet in the UK exactly the opposite is the case, where most SME funding is via bank overdrafts and credit cards.

 

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