Financing SMEs and Entrepreneurs 2020
An OECD Scoreboard
Sufficient and affordable access to different sources of finance is crucial to enable
SMEs and entrepreneurs to contribute to inclusive growth. The 9th edition of the Scoreboard
on Financing SMEs and Entrepreneurs provides data from 48 countries around the world
on SME lending, alternative finance instruments and financing conditions, as well
as information on policy initiatives to improve SME access to finance.
Lending conditions remained broadly favourable in the run-up to the COVID-19 outbreak,
despite some early signals of tightening. Nevertheless, SME bank credit increased
only at a modest pace in many countries and declined in some others in 2018. At the
same time, the take-up by SMEs of other sources of finance, including leasing and
factoring, equity crowdfunding and venture capital investments expanded significantly,
suggesting that SMEs are increasingly turning to a combination of instruments.
The thematic chapter provides an overview of the evolution of SME financing policies
over the last decade, from the immediate post-crisis period and the early recovery
years, to the most recent policy trends.
Published on April 22, 2020Also available in: French
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