SME Funding The Role of Shadow Banking and Alternative Funding Options [Hardcover]

This book explores current financing optionsfor small and medium size enterprises (SMEs), with particular insight into theEuropean market. The authors position SME funding within a risk-averse lendingenvironment with high regulatory costs on business loans, which has arisen fromthe recent financial crisis and new European bank capital regulations. Chaptersin the book demonstrate how and why SMEs may be forced to leave the market andposit that shadow banking and other alternative funding options are viablechannels for raising funds. A new and innovative SME credit risk model is alsopresented. This book will appeal to all who share an interest in sustainable solutions toissues in SME financing.

1)Banking Crisis and SME Credit Risk Assessment; Gianluca Oricchio.- 2) SMEs inEurope: An Overview; Stefano Fontana.- 3) European SMEs Funding Through Securitisation: An Introduction; Stefano Fontana.-4) Corporateand SME Credit Rating Models; Gianluca Oricchio.- 5) SME Credit Rating Models: A New Approach; Gianluca Oricchio.- 6) Restarting theCredit Engine in Europe; Sergio Lugaresi.- 7) Alternative Funding Options:E-Platforms; Andrea Crovetto.- 8) The EPIC Case Study; Andrea Crovetto. 

GianlucaOricchio has held senior capital and risk managementpositions at several global financial institutions for over 20 years. He haspreviously served as Head of Credit Treasury at Unicredit Group, Italy, and asHead of ACPM at Capitalia Banking Group, Italy. He has written several books onfinancial markets, corporate finance and risk management.

AndreaCrovetto isco-founder and CEO of EPIC, a web-based securities trading platform focused onEuropean SMEs. Over the past 20 years Andrea has held senior management positionsat several major banks and has launched many innovative initiatives such asTLX, MAC/AIM and Kilovar.

SergioLugaresi