Belgium: use of trade credit for SMEs 2020

This statistic shows the answers to a survey question about the use of trade credit for SMEs in Belgium in 2020. In 2020, approximately 62 percent of the Belgian respondents answered trade credit was not relevant to their enterprise. Another method of corporate financing is factoring. In 2016, the total market volume of online alternative finance platforms in Belgium reached a value of approximately 51.5 million euros.

Have you obtained trade credit from your business partners in the past six months?

Characteristic	Share of respondents
Do not know/not applicable	4%
Not relevant to enterprise	62%
Did not use in the past six months	20%
Used in the past six months	15%

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Release date

December 2020

More information

Region

Belgium

Survey time period

16 September, 2020 to 25 October, 2020

Number of respondents

502 respondents

Age group

18 years and older

Special properties

SMEs

Method of interview

Telephone interview

Supplementary notes

This question was phrased by the source as follows: "Trade credit - 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 trade credit from your business partners in the past six months?"

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