Title :
Bank Lending, Inventory Financing and Trade Credit
Author :
Ma Zhonghua ; Zhu Daoli
Author_Institution :
Sch. of Manage., Fudan Univ., Shanghai, China
Abstract :
We analysis bank lending and trade credit, and compare them with another new source, that is inventory financing. And we give empirical evidence and conclude that trade credit is more important for small firms, but these two sources cannot satisfy all the financing demand, so inventory financing will be more help for the development of small firms.
Keywords :
finance; small-to-medium enterprises; bank lending; inventory financing; small firms; trade credit; Cost function; Data mining; Economic indicators; Financial management; Forward contracts; Inventory management; Joining processes; Knowledge management; Logistics; Supply chains; bank lending; inventory financing; trade credit;
Conference_Titel :
Knowledge Discovery and Data Mining, 2009. WKDD 2009. Second International Workshop on
Conference_Location :
Moscow
Print_ISBN :
978-0-7695-3543-2
DOI :
10.1109/WKDD.2009.36
