Credit card application outcomes for SMEs in the United Kingdom (UK) 2018

This statistic illustrates the outcome of credit card applications for small and medium enterprises (SMEs) in the United Kingdom (UK) as of 2018. It can be seen that eight percent of SMEs in the UK stated that their credit card applications were completely unsuccessful at that time. Although this was the case, a total of 75 percent of SMEs stated that their credit card applications were completely successful as of 2018.

Outcome of credit card applications for small and medium enterprises (SMEs) 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 2019

Number of respondents

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

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