Reasons for using pension-led funding in the United Kingdom (UK) 2014

This statistic shows the reasons fundraisers gave for using pension-led funding according to a survey on alternative finance in the United Kingdom (UK) in 2014. At that time, 58 percent of respondents (companies) used this way of funding to obtain working capital.

United Kingdom: What was your purpose for raising capital through pension-led funding?

Share of respondents
Working capital58%
Expansion or growth capital37%
Asset purchase29%
Paying for tax liability4%
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Source

Release date

November 2014

Region

United Kingdom

Survey time period

March to September 2014

Special properties

primary industry figures as well as extensive surveys of businesses and consumers

Supplementary notes

The source adds the following information: "Pension-led funding allows SME owners or directors to use their accumulated pension funds in order to invest in their own businesses".

The source clarifies the methodology as follows: "Four stages of research activity were carried out from March to September 2014. (1) Stage one involved collecting primary transactional data directly from alternative finance platforms. (2) Stage two consisted of designing and distributing model-specific questionnaires to survey funders and fundraisers of alternative finance. In total 15,658 users were surveyed. (3) Stage three conducted in association with ACCA and PwC included two external national surveys to understand the level of awareness among consumers of alternative finance. 2,007 consumers and 506 SMEs were surveyed. (4) Stage four was the industry-wide tracking survey among UK crowdfunding associations and P2P associations to gather industrial figures for year 2014. Transactional data was collected for quarters one to three of 2014."

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Statistics on "Crowdfunding in Europe"

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