{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2026,3,17]],"date-time":"2026-03-17T16:20:29Z","timestamp":1773764429141,"version":"3.50.1"},"reference-count":39,"publisher":"Oxford University Press (OUP)","issue":"5","content-domain":{"domain":[],"crossmark-restriction":false},"short-container-title":[],"published-print":{"date-parts":[[2015,8,1]]},"abstract":"<jats:title>Abstract<\/jats:title>\n               <jats:p>Conventional wisdom holds that small banks have comparative advantages vis-\u00e0-vis large banks in serving small firms, while recent literature suggests this may not be the case. Using a panel of recent US start-ups, we investigate how small bank presence affects these firms in normal times (2004\u201306) and in the recent financial crisis (2007\u201309). We find that greater small bank presence yields significantly more lending to and slightly lower failure rates of these firms during normal times. However, these benefits disappear during the financial crisis, possibly because small banks are less diversified and benefit less from government guarantees than large banks.<\/jats:p>","DOI":"10.1093\/rof\/rfu042","type":"journal-article","created":{"date-parts":[[2014,10,2]],"date-time":"2014-10-02T00:17:43Z","timestamp":1412209063000},"page":"1965-1995","source":"Crossref","is-referenced-by-count":57,"title":["Market Size Structure and Small Business Lending: Are Crisis Times Different from Normal Times?"],"prefix":"10.1093","volume":"19","author":[{"given":"Allen N.","family":"Berger","sequence":"first","affiliation":[{"name":"1 University of South Carolina, Wharton Financial Institutions Center, and European Banking Center,"}]},{"given":"Geraldo","family":"Cerqueiro","sequence":"additional","affiliation":[{"name":"2 Catolica Lisbon School of Business and Economics, and"}]},{"given":"Mar\u00eda Fabiana","family":"Penas","sequence":"additional","affiliation":[{"name":"3 Tilburg University, European Banking Center, and Tilburg Law and Economics Center"}]}],"member":"286","published-online":{"date-parts":[[2014,9,30]]},"reference":[{"key":"2025100616050131700_rfu042-B1","doi-asserted-by":"crossref","first-page":"724","DOI":"10.1016\/j.jbankfin.2010.09.004","article-title":"Bank size, lending technologies, and small business finance","volume":"35","author":"Berger","year":"2011","journal-title":"Journal of Banking and Finance"},{"key":"2025100616050131700_rfu042-B2","doi-asserted-by":"crossref","first-page":"191","DOI":"10.1353\/mcb.2005.0019","article-title":"Credit scoring and the availability, price, and risk of small business credit","volume":"37","author":"Berger","year":"2005","journal-title":"Journal of Money, Credit, and Banking"},{"key":"2025100616050131700_rfu042-B3","doi-asserted-by":"crossref","first-page":"264","DOI":"10.1016\/j.jbankfin.2014.03.016","article-title":"Do small businesses still prefer community banks?","volume":"44","author":"Berger","year":"2014","journal-title":"Journal of Banking and Finance"},{"key":"2025100616050131700_rfu042-B4","doi-asserted-by":"crossref","first-page":"237","DOI":"10.1016\/j.jfineco.2004.06.003","article-title":"Does function follow organizational form? 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