Sustainable small business lending
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....
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| Format: | Article |
| Language: | English |
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Elsevier
2024-12-01
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| Series: | Sustainable Futures |
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| Online Access: | http://www.sciencedirect.com/science/article/pii/S2666188824001412 |
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| _version_ | 1846117620651130880 |
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| author | Sebastian Rink |
| author_facet | Sebastian Rink |
| author_sort | Sebastian Rink |
| collection | DOAJ |
| description | 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. |
| format | Article |
| id | doaj-art-2a178d3f38fd44a88824be1e18c237cc |
| institution | Kabale University |
| issn | 2666-1888 |
| language | English |
| publishDate | 2024-12-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Sustainable Futures |
| spelling | doaj-art-2a178d3f38fd44a88824be1e18c237cc2024-12-18T08:52:27ZengElsevierSustainable Futures2666-18882024-12-018100292Sustainable small business lendingSebastian Rink0Corresponding author.; Frankfurt School of Finance & Management, Adickesallee 32–34 Frankfurt am Main, Hessen, 60322, GermanyBanks 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.http://www.sciencedirect.com/science/article/pii/S2666188824001412G21L14Q54Q55Q56 |
| spellingShingle | Sebastian Rink Sustainable small business lending Sustainable Futures G21 L14 Q54 Q55 Q56 |
| title | Sustainable small business lending |
| title_full | Sustainable small business lending |
| title_fullStr | Sustainable small business lending |
| title_full_unstemmed | Sustainable small business lending |
| title_short | Sustainable small business lending |
| title_sort | sustainable small business lending |
| topic | G21 L14 Q54 Q55 Q56 |
| url | http://www.sciencedirect.com/science/article/pii/S2666188824001412 |
| work_keys_str_mv | AT sebastianrink sustainablesmallbusinesslending |