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Overdraft frequency of use for SMEs in the United Kingdom (UK) 2015

Published by Statista Research Department, May 12, 2016
This statistic illustrates the frequency with which small and medium enterprises (SMEs) use their overdraft facility in the United Kingdom (UK) as of 2015. It can be seen that ten percent of SMEs stated that they use their overdraft once a month at that time.

Frequency of using overdraft facility for small and medium enterprises (SMEs) 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

608 respondents

Special properties

SMEs that have overdraft facilities

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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