In a survey conducted between November 2022 and April 2023, small and medium enterprise (SME) employers in the United Kingdom (UK) were asked if they were using any of the given types of external finance for their businesses. The largest share of respondents (38 percent) stated that they used credit cards. A further 27 percent of SME employers stated that they used bank overdraft facilities for their businesses in 2022.
Types of external finance used by small and medium enterprises (SMEs) in the United Kingdom from 2019 to 2022
Basic Account
Get to know the platform
You only have access to basic statistics.
This statistic is not included in your account.
Starter Account
The ideal entry-level account for individual users
- Instant access to 1m statistics
- Download in XLS, PDF & PNG format
- Detailed references
$199 USD / Month *
Professional Account
Full access
Business Solutions including all features.
* Prices do not include sales tax.
Other statistics that may interest you Bank loans in the United States
Overview
7
- Premium Statistic Gross loans and leases of FDIC-insured commercial banks in the U.S. 2000-2023
- Premium Statistic Value of loans by commercial in the U.S. 2024, by type
- Premium Statistic Quarterly loan value as a share of total bank assets in the U.S. 2003-2023, by type
- Premium Statistic Value of loans of FDIC-insured commercial banks to individuals 2000-2023
- Basic Statistic Value of revolving credit outstanding in the U.S. 1995-2023
- Premium Statistic Value of outstanding loans of credit unions in the U.S. 2013-2023
- Premium Statistic Annual change of loans and leases in bank credit in the U.S. 2007-2024
Interest rates
6
- Premium Statistic Annual prime loan rate of banks in the U.S. 1990-2024
- Premium Statistic Interest rate on 24-month personal loans in the U.S. 2000-2024
- Premium Statistic Interest rate on credit card plans in the U.S. 1994-2024
- Premium Statistic Car loan interest rates in the U.S. 2019-2024, by type
- Premium Statistic Mortgage interest rates in the U.S. Q1 2019- Q2 2023, by mortgage type
- Premium Statistic Interest rate of business loans in the U.S. 2007-2022, by company size
Mortgages
5
- Basic Statistic Mortgage debt outstanding in the U.S. 2001-2023
- Basic Statistic Mortgage debt outstanding in the U.S. 2023, by sector
- Basic Statistic Mortgage debt outstanding on family residences in the U.S. 2001-2023
- Basic Statistic Mortgage debt outstanding on multifamily residences in the U.S. 2001-2023
- Basic Statistic Mortgage debt outstanding on commercial property in the U.S. 2001-2023
Personal, student, and car loans
6
- Basic Statistic Total consumer credit outstanding in the U.S. 2006-2024
- Premium Statistic Annual change of total consumer credit in the U.S. 2007-2023
- Premium Statistic Total car loan balances in the U.S. 2006-2024
- Premium Statistic Value of car loan originations in the U.S. 2007-2023, by age
- Premium Statistic Amount of student loan debt outstanding, by type U.S. 2024
- Premium Statistic Value of outstanding student loans U.S. 2006-2024
Business loans
3
Non-performing loans
7
- Premium Statistic Quarterly delinquency on consumer loans at commercial banks in the U.S. 2007-2024
- Premium Statistic Delinquency rates of U.S. business loans at commercial banks Q1 2000-Q1 2024
- Basic Statistic Delinquency rates of U.S. real estate loans at commercial banks 2000-2023, by quarter
- Premium Statistic Quarterly delinquency on all commercial bank loans in the U.S. 2007-2024
- Premium Statistic Share of 90+ delinquent auto loan balances in the U.S. 2003-2024
- Premium Statistic Quarterly loan loss provisions as a share of total bank loans in the U.S. 2003-2023
- Basic Statistic Share of non-performing loans to total gross loans in the U.S. 2009-2023
Loan behavior
6
- Premium Statistic Credit refusal in the U.S. 2023, by race and family income
- Premium Statistic Personal loan complaints reported to CFPB in the U.S. 2020-2023
- Premium Statistic Denial rates for mortgages in the U.S. 2019-2023, by race
- Premium Statistic Use of credit in the U.S. 2021, by education level and type of credit
- Premium Statistic Usage of credit in the U.S. 2021, by race and type of credit
- Premium Statistic Usage of credit in the U.S. 2021, by age and type of credit
Further related statistics
10
- Online advertising of companies in China 2016
- Senior chief financial officer salary per annum in Switzerland 2023
- The adidas Group's global net sales from 2002 to 2023, by product category
- The adidas Group's global footwear production from 2008-2023
- U.S. share of entrepreneurs by age 2022
- Distribution of Ahold Delhaize Group's global net sales by region 2016-2022
- Non-performing loan (NPL) ratio of China's listed banks 2008-2020
- Financial controller salary per annum in banking in Belgium 2020, by experience
- Forecast: global data center IP traffic 2013-2021, by segment
- Annual income: auditors in public & charity audit and compliance in London (UK) 2015
Further Content: You might find this interesting as well
Statistics
- Online advertising of companies in China 2016
- Senior chief financial officer salary per annum in Switzerland 2023
- The adidas Group's global net sales from 2002 to 2023, by product category
- The adidas Group's global footwear production from 2008-2023
- U.S. share of entrepreneurs by age 2022
- Distribution of Ahold Delhaize Group's global net sales by region 2016-2022
- Non-performing loan (NPL) ratio of China's listed banks 2008-2020
- Financial controller salary per annum in banking in Belgium 2020, by experience
- Forecast: global data center IP traffic 2013-2021, by segment
- Annual income: auditors in public & charity audit and compliance in London (UK) 2015
GOV.UK. (August 31, 2023). Types of external finance used by small and medium enterprises (SMEs) in the United Kingdom from 2019 to 2022 [Graph]. In Statista. Retrieved June 13, 2024, from https://www.statista.com/statistics/911915/external-finance-used-by-smes-united-kingdom/
GOV.UK. "Types of external finance used by small and medium enterprises (SMEs) in the United Kingdom from 2019 to 2022." Chart. August 31, 2023. Statista. Accessed June 13, 2024. https://www.statista.com/statistics/911915/external-finance-used-by-smes-united-kingdom/
GOV.UK. (2023). Types of external finance used by small and medium enterprises (SMEs) in the United Kingdom from 2019 to 2022. Statista. Statista Inc.. Accessed: June 13, 2024. https://www.statista.com/statistics/911915/external-finance-used-by-smes-united-kingdom/
GOV.UK. "Types of External Finance Used by Small and Medium Enterprises (Smes) in The United Kingdom from 2019 to 2022." Statista, Statista Inc., 31 Aug 2023, https://www.statista.com/statistics/911915/external-finance-used-by-smes-united-kingdom/
GOV.UK, Types of external finance used by small and medium enterprises (SMEs) in the United Kingdom from 2019 to 2022 Statista, https://www.statista.com/statistics/911915/external-finance-used-by-smes-united-kingdom/ (last visited June 13, 2024)
Types of external finance used by small and medium enterprises (SMEs) in the United Kingdom from 2019 to 2022 [Graph], GOV.UK, August 31, 2023. [Online]. Available: https://www.statista.com/statistics/911915/external-finance-used-by-smes-united-kingdom/