... Emerald Group Publishing Limited 2012 Banks Loans Decision making Reasoning Small to medium‐sized enterprises Review Relationship lending Transactional lending Previous literature reviews on lending decision making in banks have focused on different parts of the lending process...

... (Westhead, 2001). Although the major corporations started the ball rolling back in the 1960s, today small to medium‐sized enterprises (SME) are arriving massively on the international financial scene, in response to two parallel phenomena, the first being general business internationalization processes...