Author: | Camino, D. Cardone, C. |
Title: | Valuation and cost of credit insurance schemes for SMEs: the role of loan guarantee associations |
Journal: | International Small Business Journal
1999 : JUL-SEP, VOL. 17:4, p. 13-31 |
Index terms: | SMALL BUSINESS LOANS VALUATION |
Language: | eng |
Abstract: | Loan Guarantee Associations (LGA) have a relatively long history. THey have been used in most countries in Europe and elsewhere, to stimulate lending for a variety of purposes, but most often to help small and medium-size enterprises. The primary assumption behind these programs is that disadvantage groups, like small and medium enterprises, are unable to access formal loan because of credit market infections. |
SCIMA