Outcome of credit line and overdraft applications for SMEs in Luxembourg 2019

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 total market volume of online alternative finance platforms in Belgium reached a value of approximately 51.5 million euros.

Have you applied for credit line, bank overdraft or credit card overdraft financing in the past six months?*

Share of respondents
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Source

Release date

December 2019

Region

Luxembourg

Survey time period

16 September, 2019 to 25 October, 2019

Number of respondents

100 respondents

Age group

18 years and older

Special properties

SMEs; Missing percentage points to 100 percent are probably due to rounding.

Method of interview

Telephone interview

Supplementary notes

* This question was phrased by the source as follows: "Credit line, bank overdraft or credit cards overdraft - Have you applied for the following types of financing in the past six months?"

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