This statistic shows the relevance of debt financing for SMEs in Luxembourg from 2014 to 2020. In 2020, approximately 79 percent of the respondents from Luxembourg answered they either had used debt financing in the past or considered using it in the future. Factoring is another form of corporate finance and is less common in Luxembourg then, for example, Belgium. In 2016, the total market volume of online alternative finance platforms in Belgium reached a value of approximately 51.5 million euros.
Relevance of debt financing for SMEs in Luxembourg from 2014 to 2020
SMEs; The figures have been taken from several publications.
Method of interview
Telephone interview
Supplementary notes
This question was phrased by the source as follows: "Are the following sources of financing relevant to your enterprise, that is, have you used them in the past or considered using them in the future?"
The source defines debt financing as "credit line, bank overdraft or credit cards overdraft + leasing or hire-purchase + factoring + trade credit + bank loan + other loan + grants or subsidized bank loan + debt securities issued"
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European Commission, & ECB. (December 2, 2020). Relevance of debt financing for SMEs in Luxembourg from 2014 to 2020 [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/674059/relevance-of-debt-financing-for-smes-in-luxembourg/
European Commission, und ECB. "Relevance of debt financing for SMEs in Luxembourg from 2014 to 2020." Chart. December 2, 2020. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/674059/relevance-of-debt-financing-for-smes-in-luxembourg/
European Commission, ECB. (2020). Relevance of debt financing for SMEs in Luxembourg from 2014 to 2020. Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/674059/relevance-of-debt-financing-for-smes-in-luxembourg/
European Commission, and ECB. "Relevance of Debt Financing for Smes in Luxembourg from 2014 to 2020." Statista, Statista Inc., 2 Dec 2020, https://www.statista.com/statistics/674059/relevance-of-debt-financing-for-smes-in-luxembourg/
European Commission & ECB, Relevance of debt financing for SMEs in Luxembourg from 2014 to 2020 Statista, https://www.statista.com/statistics/674059/relevance-of-debt-financing-for-smes-in-luxembourg/ (last visited September 01, 2024)
Relevance of debt financing for SMEs in Luxembourg from 2014 to 2020 [Graph], European Commission, & ECB, December 2, 2020. [Online]. Available: https://www.statista.com/statistics/674059/relevance-of-debt-financing-for-smes-in-luxembourg/