1887

Financing SMEs and Entrepreneurs 2014

An OECD Scoreboard

image of Financing SMEs and Entrepreneurs 2014

Start-ups and small firms continue to face significant obstacles to fulfilling their potential to innovate, grow and create jobs, particularly when it comes to obtaining access to finance. With its 13 core indicators of debt, equity and general market conditions, complemented by a review of government policy measures, Financing SMEs and Entrepreneurs 2014: An OECD Scoreboard documents these financing difficulties and monitors trends in 31 countries, along with government policy responses to deal with these challenges.

 

English

.

Alternative financing instruments: The case of mezzanine finance

This chapter discusses the limitations of debt financing and introduces the range of non-bank financing instruments available to SMEs and entrepreneurs, with a focus on the technique of mezzanine finance. In the post-2007 environment of tight bank credit, governments are considering measures to promote the wider use of hybrid instruments, such as mezzanine finance, to supply “growth capital” to SMEs and entrepreneurs. This chapter illustrates the modalities of this finance provision and of recent government support, through evidence from Scoreboard countries.

English

This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error