Securitization: Bringing a Modern Financial Instrument to Israel
This research focuses on securitizing the loans of small business in Israel. Creating a secondary market of the sort would make lending to small businesses more attractive for credit providers, thus addressing the lack of credit access from which such business suffer.
The recommendations of the study include a) passing legislation which allows for securitization of small business loans, and b) taking advantage of state and philanthropic guarantees which already exist for small business loans to leverage securitization.