Financing SMEs and Entrepreneurs 2018

An OECD Scoreboard

image of Financing SMEs and Entrepreneurs 2018

Financing SMEs and Entrepreneurs 2018 contributes to filling the knowledge gap in SME finance trends and conditions. This annual publication provides information on debt, equity, asset-based finance, and conditions for SME and entrepreneurship finance, complemented by an overview of recent policy measures to support access to finance. By providing a solid evidence base, the report supports governments in their actions to foster SME access to finance and encourages a culture of policy evaluation.

The 2018 report covers 43 countries world-wide. In addition to the core indicators on SME financing, it provides additional information on recent developments in capital market finance for SMEs, crowdfunding and related activities, and findings of demand-side surveys. It contains a thematic chapter on the evaluation of publicly supported credit guarantee schemes.

English Also available in: French

The United States

Steady, but subpar economic growth in the United States has continued since the Great Recession of 2008-09, with Real Gross Domestic Product recording a Recovery Period (2009Q3 – 2017Q2) average growth of 2.2%, below the historical average of 3.2 percent. This modest growth translated into noticeable progresses in the labour market, solid but declining corporate profit margins, modest recovery in net firm formation, and improved profitability but declining lending activities in the banking sector. The decline in lending volumes seems more pronounced in small business lending, which in turn may have constrained the rebound of number of Small Business Administration (SBA) loan guarantees but not the dollar value of these guarantees.




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