Brussels, 24/10/2001 (Agence Europe) - Europe's small and medium-sized enterprises (SMEs) are gradually switching from loan finance to other instruments, like equity, debt-equity combinations, leasing and guaranteed loans and equity, says a report by the European Commission entitled "Enterprises' access to finance" published on Tuesday.
Access to finance is still a major barrier for enterprises, especially high-tech and high-risk startups. The Commission report notes that loan finance is,...