The European Small Business Finance Outlook for June 2019 provides an overview on equity finance and how SME securitization market has performed well, showing low default rates in Europe. Special chapter dedicated to Fintech. The report also highlights that one in four SMEs still report severe difficulties in accessing finance, pointing out significant structural credit market failures which prevents market supply from satisfying SMEs’ financing demands. It also mentions an insufficient public support for external financing markets that continues to worry European SMEs.