Bank loans to entrepreneurs in rural america
Journal of Public Budgeting, Accounting & Financial Management
ISSN: 1096-3367
Article publication date: 1 March 1999
Abstract
Numerous government programs channel capital into rural communities, assuming that new businesses face major capital shortages in starting up. More such programs are enacted annually. This paper looks at business start-ups in Idaho, Montana and Iowa to see the extent of market failure in rural America. Contrary to conventional wisdom, we found capital to be widely available for start-ups, suggesting that government programs are not warranted.
Citation
Buss, T.F. and Yancer, L.C. (1999), "Bank loans to entrepreneurs in rural america", Journal of Public Budgeting, Accounting & Financial Management, Vol. 11 No. 3, pp. 398-416. https://doi.org/10.1108/JPBAFM-11-03-1999-B004
Publisher
:Emerald Publishing Limited
Copyright © 1999 by PrAcademics Press