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Outcome of applications for bank loans for SMEs in the UK 2019

This statistic illustrates the share of respondent's outcomes of applications for loans from banks or building society for their small and medium enterprise (SMEs) in the United Kingdom (UK) in 2019. It can be seen that the majority of individuals surveyed (62 percent) stated that they received all of the bank or building society loans they applied for, whilst 24 percent of respondents stated that they received none of the loans they applied for.

Share of respondent's that applied for loans from banks or building societies for their small and medium enterprises (SMEs) in the United Kingdom (UK) in 2019, by outcome

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Source

Release date

June 2020

Region

United Kingdom

Survey time period

July 2019 to February 2020

Number of respondents

118*

Method of interview

Telephone interview

Supplementary notes

* Weighted bases. Unweighted bases: n=471
** Refused to answer the question.

Survey was conducted among small and medium businesses with employees. Three categories were distinguished, based on employees numbers: micro businesses (1 to 9 employees), small businesses (10 to 49 employees) and medium businesses (50 to 250 employees).

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Statistics on "Small and medium enterprises financing in the United Kingdom"

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