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Action of SMEs after rejected loan applications in the United Kingdom (UK) 2015

This statistic illustrates the actions of small and medium enterprises (SMEs) after being unsuccessful in obtaining a loan in the United Kingdom (UK) as of 2015. It can be seen that 21 percent of SMEs stated that they contacted another bank after being rejected for a loan application at that time.

Action of small and medium enterprises (SMEs) after being unsuccessful in getting a loan in the United Kingdom (UK) as of 2015

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Source

Release date

May 2016

Region

United Kingdom

Survey time period

July to October 2015

Number of respondents

72 respondents

Special properties

SMEs with rejected loan application

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 "Business enterprises in the UK"

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