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Financing SMEs and Entrepreneurs 2015

An OECD Scoreboard

image of Financing SMEs and Entrepreneurs 2015

This fourth edition monitors SMEs’ and entrepreneurs’ access to finance in 34 countries over the period 2007-13, across an expanded array of indicators, including debt, equity, asset-based finance and framework conditions. These are complemented by an overview of recent developments in public and private initiatives to support SME finance, and a special focus on non-performing loans. The report aims to provide a comprehensive framework for policy makers and other stakeholders to evaluate the financing needs of SMEs.

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Recent trends in SME and entrepreneurship finance

This chapter analyses trends in SME and entrepreneurship finance over 2007-13, based on data collected for the country Scoreboards and information from demand-side surveys. A short overview of the global business environment sets the framework for the analysis of SME financing trends and conditions, focusing in particular on the changes which occurred in participating countries between 2012 and 2013. These recent developments are compared with trends during the 2008-09 crisis and early recovery stages. The pre-crisis year 2007 serves as a benchmark. The chapter concludes with an overview of government policy responses put in place to improve SMEs’ access to finance in light of recent developments.

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