Document Type
Poster
Publication Date
Summer 2024
Abstract
This study examines the impact of fintech lending on small business bankruptcies at the county level in California from 2008 to 2023. Using UCC filings and FJC bankruptcy records, we find that increased fintech lending is associated with decreased bankruptcy rates across counties. This suggests that fintech lenders play a crucial role in supporting small businesses by maintaining credit access, even during economic downturns, thereby helping to mitigate the impact of reduced bank lending.
Recommended Citation
Nguyen, Lam '25 and Qiu, Bin, "The Impact of Fintech Lending on Small Business Bankruptcies in California (2008-2023)" (2024). Annual Student Research Poster Session. 158, Scholarly and Creative Work from DePauw University.
https://scholarship.depauw.edu/srfposters/158
Comments
Funding provided by the J. William Asher and Dorothy A. Asher Endowed Fund in the Social Sciences and Faculty Development Committee's Student-Faculty Summer Research Fund.