Material Detail

Which Loans are Relationship Loans?  Evidence from the 1998 Survey of Small Business Finances

Which Loans are Relationship Loans? Evidence from the 1998 Survey of Small Business Finances

Despite financial economists’ long-standing interest in the role of lender-borrower relationships in increasing the availability of funds to small businesses, many questions remain unanswered. Numerous empirical studies investigate the effect of relationships on the availability and terms of credit to small businesses (Petersen and Rajan (1994), Berger and Udell (1995), Blackwell and Winters (1997), Cole (1998), Harhoff and Körting (1998), Elsas and Krahnen (1998), Angelini et al.(1998), Degryse and van Cayseele (2000), Bodenhorn (2003)) and many find that relationships improve the availability of credit for some categories of small businesses. But the studies present mixed results on how relationships affect collateral requirements and lending rates, as well as whether relationships affect... Show More
Rate

Quality

  • User Rating
  • Comments
  • Learning Exercises
  • Bookmark Collections
  • Course ePortfolios
  • Accessibility Info

More about this material

Browse...

Disciplines with similar materials as Which Loans are Relationship Loans? Evidence from the 1998 Survey of Small Business Finances

Comments

Log in to participate in the discussions or sign up if you are not already a MERLOT member.