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Keywords: Soft information
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Journal Articles
Journal of Small Business and Enterprise Development (2014) 21 (1): 87–99.
Published: 11 February 2014
.... This suggests that informationally opaque businesses seek out lenders nearby to maximize the value of soft information, whereas established businesses put no value on that. However, the probability of loan denial is not affected by the distance between the borrower and the lender. At the same time borrowers...
