The impact of public guarantees on credit to SMEs

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The Causal Effect of Credit Guarantees for SMEs: Evidence from Italy (2013, unknown): “Zecchini and Ventura (2009) study the effectiveness of a publicly funded guarantee scheme for SMEs implemented in Italy.”
Small and Medium-Sized Enterprises Financing: A Review of Literature (2013, background): “In addition, as SMEs are subjected to credit rationing due to their small size and information asymmetry Zecchini and Ventura (2009) suggested that in order to be effective such schemes should aim at lowering the degree of discrimination against SMEs borrowers in terms of lending costs and unmet…”
Financial Constraints and Small and Medium Enterprises: A Review* (2020, background): “Similar positive effects of opening up credit access for SMEs are also found in other OECD countries, including Italy (Zecchini and Ventura, 2009), Canada (Riding et al.”
The cost of growth: small firms and the pricing of bank loans (2015, unknown): “That is, they encourage lending to firms that would have received turndowns otherwise due to their higher risk of default (Zecchini and Ventura 2009).”
NO DEEP POCKETS: SOME STYLIZED EMPIRICAL RESULTS ON FIRMS' FINANCIAL CONSTRAINTS (2010, unknown): “Zecchini and Ventura (2009) also find that Italy’s credit guarantees on SMEs’ loans have been effective in reducing the borrowing costs and easing the financing constraints for such firms.”