DOI: https://doi.org/10.18371/fcaptp.v1i24.127795

EUROPEAN MODEL OF LENDING SMALL BUSINESS ENTITIES

O. M. Bilomistniy, I. Bilomistna, T. Novikova

Abstract


In the article investigated the experience of formation, development and operation of small business crediting in the developed countries. Also systematic differences between foreign experience of small businesses crediting based on the determination of the European model of crediting.

Studying the experience of a European model of lending to small businesses is important in terms of developing a long-term strategy for developing and supporting small businesses. Much of this experience can be reflected in the legal, organizational and institutional forming of Ukrainian policy related to small business, both at the national level and at the level of each individual region. According to the realities of the Ukrainian economy of these foreign tools that promote small business loans, you can create associations of mutual guarantees and state insurance fund credit risks. Using these tools will allow small businesses receive guarantees from its counterparties to obtain credit in the bank, not to burden the state budget and develop financial risk insurance.


Keywords


crediting; small business; banks; state; financial support.

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References


Bilomistnyi, O. M. (2013). Osoblyvosti kredituvannia maloho biznesu v zarubiznykh krainakh. Rehionalna ekonomika, 1(67), 171–177.

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De Bodt, E., Lobez, F., & Statnik, J–C. Credit rationing, customer relationship and the number of banks. An empirical analysis. Available at: https://faculty.mu.edu.sa/public/uploads/1361953306.2533customer%20relationship62.pdf

Dietsch, M. (2003). Financing small businesses in France. EIB papers, 8(2), 92–119.

Wehinger, G. SMEs and the credit crunch: Current financing difficulties, policy measures and a review of literature. Available at: https://www.oecd.org/finance/SMEs–Credit–Crunch–Financing–Difficulties.pdf

Key Small Business Statistics. June 2016. Available at: https://www.ic.gc.ca/eic/site/061.nsf/vwapj/KSBS–PSRPE_June–Juin_2016_eng.pdf/$FILE/KSBS–PSRPE_June–Juin_2016_eng.pdf

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SME Investment and Innovation: France, Germany, Italy and Spain. Available at: https://www.kfw.de/PDF/Download–Center/Konzernthemen/Research/PDF–Dokumente–Studien–und–Materialien/SME–Investment–and–Innovation–October–2015.pdf

State Aid to Banks and Credit for SMEs: Is there a need for Conditionality? Available at: http://www.europarl.europa.eu/RegData/etudes/STUD/2015/518754/IPOL_STU(2015)518754_EN.pdf

Survey on the Access to Finance of Enterprises in the euro area April to September 2016. Available at: https://www.ecb.europa.eu/pub/pdf/other/accesstofinancesmallmediumsizedenterprises201611.en.pdf


GOST Style Citations


Біломістний, О. М. Особливості кредитування малого бізнесу в зарубіжних країнах [Текст] / О. М. Біломістний // Регіональна економіка. – 2013. – № 1 (67). – С. 171–177.

Annual Report on European SMEs 2015/2016 [Electronic resource]. – Available at: https://ec.europa.eu/jrc/sites/jrcsh/files/annual_report_–_eu_smes_2015–16.pdf.

Burdeau, E. Assessing dynamics of credit supply and demand for French SMEs, an estimation based on the Bank Lending Survey [Electronic resource] / E. Burdeau. – Available at: http://www.bis.org/ifc/events/7ifcconf_burdeau.pdf.

De Bodt, E. Credit rationing, customer relationship and the number of banks. An empirical analysis [Electronic resource] / E. de Bodt, F. Lobez, J–C. Statnik. – 2001. – 49 р. – Available at: https://faculty.mu.edu.sa/public/uploads/1361953306.2533customer%20relationship62.pdf.

Dietsch, M. Financing small businesses in France [Text] / M. Dietsch // EIB papers. – 2003. – Vol. 8, № 2. – P. 92–119.

Wehinger, G. SMEs and the credit crunch: Current financing difficulties, policy measures and a review of literature [Electronic resource] / Gert Wehinger. – Available at: https://www.oecd.org/finance/SMEs–Credit–Crunch–Financing–Difficulties.pdf.

Key Small Business Statistics. June 2016 [Electronic resource]. – Available at: https://www.ic.gc.ca/eic/site/061.nsf/vwapj/KSBS–PSRPE_June–Juin_2016_eng.pdf/$FILE/KSBS–PSRPE_June–Juin_2016_eng.pdf.

Gonzales, E. MSME Country Indicators 2014 [Electronic resource] / E. Gonzales, M. Hommes, M. L. Mirmulstein. – Available at: https://www.smefinanceforum.org/sites/all/modules/custom/sme_custom/datasites/analysis%20note.pdf.

SME Investment and Innovation: France, Germany, Italy and Spain. [Electronic resource]. – Available at: https://www.kfw.de/PDF/Download–Center/Konzernthemen/Research/PDF–Dokumente–Studien–und–Materialien/SME–Investment–and–Innovation–October–2015.pdf.

State Aid to Banks and Credit for SMEs: Is there a need for Conditionality? [Electronic resource]. – Available at: http://www.europarl.europa.eu/RegData/etudes/STUD/2015/518754/IPOL_STU(2015)518754_EN.pdf.

Survey on the Access to Finance of Enterprises in the euro area. April to September 2016 [Electronic resource]. – Available at: https://www.ecb.europa.eu/pub/pdf/other/accesstofinancesmallmediumsizedenterprises201611.en.pdf.





Copyright (c) 2018 O. M. Bilomistniy, I. Bilomistna, T. Novikova

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ISSN (print) 2306-4994, ISSN (on-line) 2310-8770