Sustainable small business lending

Autor: Sebastian Rink
Jazyk: angličtina
Rok vydání: 2024
Předmět:
Zdroj: Sustainable Futures, Vol 8, Iss , Pp 100292- (2024)
Druh dokumentu: article
ISSN: 2666-1888
DOI: 10.1016/j.sftr.2024.100292
Popis: Banks are the main source of external funding for small businesses. Thus, integrating sustainability considerations in small business lending can support global sustainability efforts. In surveying German banks, I show that banks are in the process of implementing sustainable small business lending. They put more emphasis on sustainability risks than on the transformation of the business model among small businesses. Sustainable relationship lending has some relevance in creating sustainability-related soft information, although respective hard information is preferred by banks. Banks and policymakers can use the findings to better apply sustainable small business lending to sustainability and resilience efforts.
Databáze: Directory of Open Access Journals