Registry › XF-XDAUXGN-I
XF-XDAUXGN-I
Research / Academic Paper ACTIVE

The benefits of lending relationships: Evidence from small business data

Abstract Only — The full paper PDF is not available in the registry. This XFID was minted from the paper's title, authors, and year. Where available, an abstract is provided below; the link to the publisher's record is canonical.

Abstract

ABSTRACT This paper empirically examines how ties between a firm and its creditors affect the availability and cost of funds to the firm. We analyze data collected in a survey of small firms by the Small Business Administration. The primary benefit of building close ties with an institutional creditor is that the availability of financing increases. We find smaller effects on the price of credit. Attempts to widen the circle of relationships by borrowing from multiple lenders increases the price and reduces the availability of credit. In sum, relationships are valuable and appear to operate more through quantities rather than prices.

Source: resolved

Document Metadata

Issuer
Wiley
Document Type
Research / Academic Paper
Publication Year
1994
Retrieved
5 May 2026
Source
Contact XFID for Access
Record ID
XFXDAUXGNI
Validation
Inferred by XFID

Topics

Bank LendingInformation Asymmetry

Cited by (1)

Other RESEARCH documents in the registry that cite this work.

How to Cite This Record

Use the XFID in citations to create a stable, permanent reference that resolves to this registry entry regardless of the source URL.

Academic / report citation
Wiley (1994). The benefits of lending relationships: Evidence from small business data. XFID: XF-XDAUXGN-I. Retrieved from https://xframework.id/XFXDAUXGNI
Identifier only
XF-XDAUXGN-I