Abstract
Pros and cons of loan guarantee programs are discussed at length. The overall conclusion is that—properly structured—loan guarantee programs can constitute a net benefit in providing access to finance to SMEs.
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© 2013 David Munro
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Munro, D. (2013). The Role of Loan Guarantees. In: A Guide to SME Financing. Palgrave Pivot, New York. https://doi.org/10.1057/9781137373786_14
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DOI: https://doi.org/10.1057/9781137373786_14
Publisher Name: Palgrave Pivot, New York
Print ISBN: 978-1-349-47742-5
Online ISBN: 978-1-137-37378-6
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)