This statistic shows the outcome of a survey question about the use of leasing or hire-purchase in the past six months of SMEs in Luxembourg in 2020. In 2020, approximately 72 percent of the Luxembourg respondents answered leasing or hire-purchase were not relevant to their enterprise. 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.
Use of leasing or hire-purchase in the past six months of SMEs in Luxembourg in 2020
This question was phrased by the source as follows: "Leasing or hire-purchase - 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? Have you obtained new financing of this type in the past six months?"
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European Commission, & ECB. (December 2, 2020). Use of leasing or hire-purchase in the past six months of SMEs in Luxembourg in 2020 [Graph]. In Statista. Retrieved December 02, 2021, from https://www.statista.com/statistics/674790/use-of-leasing-or-hire-purchase-for-smes-in-luxembourg/
European Commission, und ECB. "Use of leasing or hire-purchase in the past six months of SMEs in Luxembourg in 2020." Chart. December 2, 2020. Statista. Accessed December 02, 2021. https://www.statista.com/statistics/674790/use-of-leasing-or-hire-purchase-for-smes-in-luxembourg/
European Commission, ECB. (2020). Use of leasing or hire-purchase in the past six months of SMEs in Luxembourg in 2020. Statista. Statista Inc.. Accessed: December 02, 2021. https://www.statista.com/statistics/674790/use-of-leasing-or-hire-purchase-for-smes-in-luxembourg/
European Commission, and ECB. "Use of Leasing or Hire-purchase in The past Six Months of Smes in Luxembourg in 2020." Statista, Statista Inc., 2 Dec 2020, https://www.statista.com/statistics/674790/use-of-leasing-or-hire-purchase-for-smes-in-luxembourg/
European Commission & ECB, Use of leasing or hire-purchase in the past six months of SMEs in Luxembourg in 2020 Statista, https://www.statista.com/statistics/674790/use-of-leasing-or-hire-purchase-for-smes-in-luxembourg/ (last visited December 02, 2021)
