EIF Working Paper 2017/046 – European Small Business Finance Outlook, December 2017

This analysis provides an overview of the main markets relevant to EIF. We start by discussing the general market environment for SME finance, then look at the main aspects of equity finance and the SME guarantees / securitisation markets. Finally, we highlight important aspects of microfinance in Europe and – for the first time and due to the rising importance of the segment – we complement our analysis by a chapter on Fintech.

The EIF Working Papers are designed to make available to a wider readership selected topics and studies in relation to EIF´s business. The Working Papers are edited by EIF's Research & Market Analysis and are typically authored or co-authored by EIF staff or are written in cooperation with EIF. The Working Papers are usually available only in English and distributed typically in electronic form (pdf).

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