Modelling probability of SME dafaulting loan payments

The book "Modelling Probability of SME Defaulting Loan Payments" offers a comprehensive analysis of the factors influencing the likelihood of payment defaults among small and medium-sized enterprises (SMEs) that receive loans. The study is based on survival analyses, with Cox regression being the central method used for data analysis. The results indicate an inverse relationship between survival probability and the likelihood of default. Companies that have been in business longer are therefore less likely to fall into arrears. Additionally, it is found that entrepreneurial experience, self-employment, and qualifications have a positive impact on the viability of businesses. The study provides valuable insights for researchers, practitioners, and decision-makers in the fields of corporate finance and risk management.