Small business online loan crowdfunding: who gets funded and what determines the rate of interest?

The advent of online peer-to-peer crowdfunding presents a new type and source of finance for small firms. This raises the question of whether this innovation makes any difference to the type of business that can secure funding and the amount that they pay for this finance. In this paper, we examine the American online peer-to-peer loan crowdfunding website null null null null null null null null null null null null null null null null null null...