欧洲中小企业融资调查报告2009.pdf

SURVEY ON THE ACCESS TO FINANCE OF SMALL AND MEDIUM-SIZED ENTERPRISES IN THE EURO AREA SEPTEM b ER 2009 SURVEY ON THE ACCESS TO FINANCE OF SMALL AND MEDIUM-SIZED ENTERPRISES IN THE In 2009 all ECB publications EURO AREA feature a motif taken from the €200 banknote. SEPTEMBER 2009 © European Central Bank 2009 Address Kaiserstrasse 29 60311 Frankfurt am Main, Germany Postal address Postfach 16 03 19 60066 Frankfurt am Main Germany Telephone +49 69 1344 0 Website http://www.ecb.europa.eu Fax +49 69 1344 6000 All rights reserved. Reproduction for educational and non-commercial purposes is permitted provided that the source is acknowledged. ISBN 978-92-899-0597-8 (online) CONTENTS EXECUTIVE SUMMARY 4 1 INTRODUCTION 8 2 EURO AREA SMEs: AN OVERVIEW OF THEIR FINANCIAL SITUATION 8 3 EURO AREA SMEs’ FINANCING STRUCTURE AND NEEDS 10 3.1 Overview of the fi nancing structure 10 3.2 External fi nancing needs 10 4 EURO AREA SMEs’ ACCESS TO FINANCE 12 4.1 Availability of external fi nancing 12 4.2 Application for external fi nancing and its success 14 4.3 Conditions and characteristics