Share of small and medium enterprises seeking external financing in the UK 2018

This statistic illustrates the attempts of small and medium enterprises (SME) to access external finance in the last 12 months, according to SME employers in the United Kingdom (UK) as of 2018. It can be seen that a total of 84 percent of SME businesses claimed they did not try to obtain external financing in the 12 months preceding the survey. A further eight percent of SMEs stated that they had attempted to access external finance once in the last year as of 2018.

Attempts to access external finance of small and medium businesses in the United Kingdom (UK) as of 2018

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Source

Release date

May 2019

Region

United Kingdom

Survey time period

August 2018 to January 2018

Number of respondents

11,483 respondents

Special properties

small businesses with employees.

Method of interview

Computer-assisted telephone interviews (CATI)

Supplementary notes

Question read as follows: "Have you tried to obtain external finance for your business in the past 12 months?".
Survey was conducted among small and medium businesses with employees. Three categories were distinguished, based on employees numbers: micro businesses (1 to 9 employees), small businesses (10 to 49 employees) and medium businesses (50 to 250 employees).

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Statistics on "Small and medium enterprises financing in the United Kingdom"

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