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SMEs reporting rejection of credit applications in the United Kingdom (UK) 2012-2018

Published by Jennifer Rudden, Nov 9, 2020
This statistic illustrates the share of small and medium enterprises (SMEs) reporting the rejection of their credit applications in the United Kingdom (UK) from 2012 to 2018. It can be seen that the rejection rate of SME credit applications fluctuated during the period under observation, reaching a value of 17 percent as of 2018. The largest share of rejected credit applications for small and medium enterprises was found in 2013, when it was recorded that a share of 32 percent of all SME credit applications were rejected.

Small and medium enterprises loan rejection rates in the United Kingdom (UK) from 2012 to 2018

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Release date

April 2020

Region

United Kingdom

Survey time period

2012 to 2018

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