SMEs overdraft application outcomes UK 2019

This statistic illustrates the outcome of bank overdraft applications for small and medium enterprises (SMEs) in the United Kingdom (UK) as of 2019. It can be seen that 15 percent of small and medium enterprises in the UK stated that they did not receive an overdraft after applying for a bank overdraft at that time. A total of 75 percent of SMEs stated that they received the total overdraft that they applied for as of 2019.

Outcome of bank overdraft applications for small and medium enterprises (SMEs) in the United Kingdom (UK) as of 2019

Characteristic	Share of businesses
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Release date

June 2020

More information

Region

United Kingdom

Survey time period

July 2019 to February 2020

Number of respondents

439 respondents

Special properties

SMEs that applied for finance in the last 12 months

Method of interview

Computer-assisted telephone interviews (CATI)

Supplementary notes

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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