Foreword Acknowledgements Reader's Guide Indicators Data collection Cross-country comparability Methodological advances and recommendations for data improvements Acronyms and abbreviations Executive Summary Chapter 1. Recent Trends in SME and Entrepreneurship Finance -- Business environment and the macroeconomic contextn -- Financial conditions -- Lending to SMEs -- New SME loans -- Outstanding -- SME loans SME loan shares -- Short-term versus long-erm lending -- Credit conditions for SMEs -- Interest rates -- Collateral requirements -- Rejection rates -- SME loan applications -- Additional evidence on credit conditions from survey data -- Credit to SMEs: links with key economic variables -- Asset-based finance -- Leasing and hire purchases Factoring -- Other sources of financing -- Venture capital -- Private debt -- Stock markets -- Collective investment vehicles -- Online alternative finance -- Business angel investments -- Payment delays, bankruptcies and non-performing loans -- Payment delays - Bankruptcies -- Non-performing loans (NPLs) -- Government policy responses in 2016-17 -- a. Credit guarantees remain the most widespread instrument and their design is continuously being revised -- b. Policies to boost equity-type instruments and other sources of finance complementary to straight debt are proliferating --c. Governments around the world continue to stimulate crowdfunding activities, mainly through changes to financial regulation -- d. Governments addressed the financing gap among innovative start-ups with comprehensive policy reforms -- e. Financing needs of SMEs are increasingly being addressed at regional level -- Overview of government policies BO Recommendations for data improvements -- Notes -- List of References --Chapter 2. Es ablating publicly supported credit guarantee programmes for SMEs: Selected results from an OECD/E.C survey -- Introduction and objectives -- The rationale for credit guarantee schemes -- Selected considerations regarding the evaluation of the performance of public intervention -- OECD/EC Survey on Evaluating Publicly Supported Financial Guarantee Programmes for SMEs.-- Coverage of the survey -- Selected lessons from the survey -- Independent eNaluations versus self-evaluations -- Frequency of evaluations --Objectivess against is Rich to conduct the evaluation -- Data collected fir the evaluation -- Using evaluation results for operational decisions -- Conchisions-- Chapter 3. Country snapshots - Australia -- Austria -- Belgium -- Brazil -- Canada .-Chile -- China (People's Republic of) .-Colombia - Czeck Republic -- Denmark -- Estonia -- Finland -- France Georgia -- Greece -- Hungary -- Ireland -- Israel -- Italy -- Japan -- Kazakhstan -- Korea -- Latvia Luxembourg -- Malaysia -- Mexico -- The Netherlands -- New Zealand -- Norway - Poland -- Portugal --Russian Federation -- Serbia -- Slovak Republic -- Slovenia South Africa -- Spain -- Sweden Switzerland -- Thailand -- Turkey -- United Kingdom -- United States -- Annex A. EIB Group support to SMEs and midcaps -- The EIB Group's support to SMEs and midcaps -- EIB Group's offer Increasing Policy Priorities -- Annex B. EBRD Small Business Initiative (SBI) 5 The EBRD Product innovation Looking ahead -- Annex C. Methodology for producing the national Scoreboards Scoreboard indicators and their definitions Core indicators Data sources and preferred definitions Inflation-adjusted data Inclusion of median values SME target population Timeframe for data collection Deviations from preferred definitions of indicators SME loans SME loans requested, authorised and used Government loan guarantees and guaranteed loans SME credit conditions Equity financing Assed-based finance --Non-performing loans-- Payment delays and bankruptcies -- Differences in definitions of an SME -- Impact of diversity in definitions -- Recommendations for data improvements Standardised template -- Core indicators -- Medium and long-term objectives -- Annex D. Standardised table for SME finance data collection -- Annex E. Statistical resources on SME and entrepreneurship finance At the national level: At the international level: