Structure of Small Business Lending by Large and Small Banks

By Rebel A. Cole, Lawrence G. Goldberg, Lawrence J. White. 2004

445 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/5795d6809795fb6f3c25f48743bc519bac59426e

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Citations in the corpus

Deregulation, technological change, and the business-lending performance of large and small banks (2005, background): “For instance, Cole et al. (2004) find that small banks tend to use more subjective measures (i.e., ‘‘soft’’ information) to analyze business loans, while large banks use quantitative financial data (i.e., ‘‘hard’’ information).”
The impact of bank consolidation on small business credit availability (2007, background): “Our three measures of holding company complexity are the share of the number of banks in a multi-bank holding company, the share of banks in a one bank holding company, with the omitted category being the share of the banks that are not in a holding company.”
Collateral, relationship lending and family firms (2010, methodology): “Instead of the duration of the relationship, an alternative measure for the relationship strength used in previous empirical research is the number of banks a firm negotiates with before agreeing to a certain credit contract (e.g. Harhoff and Körting 1998; Cole et al. 2004; Jiménez et al. 2006).”
Commercial Lending and Distance: Evidence from Community Reinvestment Act Data (2004, result): “Cole, Goldberg, and White (2004), Scott (2004), and Berger et al. (forthcoming) all report findings consistent with the notion that small banks lend disproportionately to informationally “opaque” firms for which soft information must be evaluated, while large banks tend to lend disproportionately…”
Do Small Businesses Still Prefer Community Banks (2013, background): “…with small, young firms with little hard information available and conversely for relationships with large, mature firms with more hard information available (e.g., Haynes, Ou, and Berney 1999, Cole, Goldberg, and White 2004, Scott 2004, Berger, Miller, Petersen, Rajan, and Stein 2005).”
A more complete conceptual framework for SME finance (2006, background): “…older SMEs with stronger financial ratios, and small institutions are found to rely more on soft information and lend to SMEs with which they have stronger relationships (e.g., Haynes, Ou, and Berney 1999, Cole, Goldberg, and White 2004, Scott 2004, Berger, Miller, Petersen, Rajan, and Stein 2005).”
Evidence of jointness in the terms of relationship lending (2007, background): “…(2004), Berger et al. (2003), Blackwell and Winters (1997), Bodenhorn (2003), Canovas and Solano (2003), Chakraborty and Hu (2006), Cole (1998), Cole et al. (2004), Conigliani et al. (1997), Cosci and Meliciani (2002), D'Auria et al. (1999), Degryse and Ongena (2005), Dennis et al. (2000),…”
Market Size, Service Quality, and Competition in Banking (2007, background): “…could simply be driven by the regulatory restrictions on the loan size that smaller banks can offer, there is, in fact, an extensive literature that documents the focus of smaller banks on lending to small firms, known as “relationship” lending (Berger et al. 2005, Cole, Goldberg, and White 2004).”