Kraemer-Eis, Helmut; Passaris, George; Tappi, Alessandro; … - 2015
SMEs are the backbone of the European economy. The financing situation for European SMEs is slightly improving, but … also differs very much from country to country. In Europe, SMEs' financing strongly depends on banks and also after the … crisis banks will remain the main external financing source for SMEs. Against this background SME securitisation (SMESec) can …