| Bank loan | Coef. | St.Err. | p-value | Sig |
| Trade credit | −0.339 | 0.051 | 0.000 | *** |
| ROA | 0.000 | 0.001 | 0.633 |
|
| Current | −0.002 | 0.002 | 0.245 |
|
| Collateral | 0.253 | 0.086 | 0.003 | *** |
| Cash | −0.190 | 0.084 | 0.025 | ** |
| Size | 0.007 | 0.029 | 0.81 |
|
| Age | −0.015 | 0.005 | 0.002 | *** |
| Constant | 0.519 | 0.576 | 0.369 |
|
| Mean dependent var |
|
|
| 0.247 |
| SD dependent var |
|
|
| 0.264 |
| Number of obs |
|
|
| 496 |
| R-squared |
|
|
| 0.185 |
| F-test |
|
|
| 11.817 |
| Prob > F |
|
|
| 0.000 |