Outcome of credit line and overdraft applications for SMEs in Luxembourg 2019
total market volume of online alternative finance platforms in Belgium reached a value of approximately 51.5 million euros.
This statistic shows the answers to a survey question about the outcome of credit line, bank overdraft and credit cards overdraft applications for SMEs in Luxembourg in 2019. In 2019, approximately 18 percent of the Luxembourg respondents answered they applied for these types of financing. Factoring is another form of corporate finance and is less common in Luxembourg then, for example, Belgium. In 2016, the