Commissioned by the Scottish Government
This study examined whether firms were experiencing difficulties in accessing finance because of the unsuitability of the business case that they were putting to finance providers (i.e. demand side issues), or whether the difficulties resulted from sub-optimal lending practices, resulting in some potentially viable proposals being rejected (i.e. supply side issues). This required knowledge of lending practices, including credit scoring methods used by the banks, and their implications for different types of small business, as for example differentiated by sector, size, age, and gender of the owner.