Name: External finance sought by small and medium enterprises in the UK in 2014, by amount
Creator: Statista

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This statistic presents the amount of finance that small and medium enterprises (SME) had applied for in the preceding 12 months according to small businesses employers in the United Kingdom (UK) in 2014. A total of 22 percent of those businesses that had sought financing fitting in the category of 10 thousand to 24.9 thousand British pounds.

Amount of external finance applied for by small and medium enterprises in the United Kingdom (UK) as of 2014

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Release date

March 2015

More information

Region

United Kingdom

Survey time period

July to October 2014

Number of respondents

847 respondents

Special properties

small businesses with employees.

Method of interview

Computer-assisted telephone interviews (CATI)

Supplementary notes

Question H8 was posed to those companies that had applied for funding in the 12 months preceding the interview and it read as follows: "Which of these ranges does the amount of finance that you sought fall into?".
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).
More information regarding survey methodology can be found in BIS Research Paper number 225 on page 10.