According to a survey conducted in 2023 among UK small and medium enterprise, 15 percent of SMEs in need of external finance were considering applying to government or local government grants in the next 12 months. Also, 10 percent of SMEs in need of financing were considering using their bank overdraft.
Forms of financing considered by small and medium enterprises (SMEs) in next 12 months as of 2023
Characteristic
Share of SMEs
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British Business Bank. (May 3, 2024). Forms of financing considered by small and medium enterprises (SMEs) in next 12 months as of 2023 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/463154/uk-smes-considering-financing-in-the-next-year-by-type/
British Business Bank. "Forms of financing considered by small and medium enterprises (SMEs) in next 12 months as of 2023." Chart. May 3, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/463154/uk-smes-considering-financing-in-the-next-year-by-type/
British Business Bank. (2024). Forms of financing considered by small and medium enterprises (SMEs) in next 12 months as of 2023. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/463154/uk-smes-considering-financing-in-the-next-year-by-type/
British Business Bank. "Forms of Financing Considered by Small and Medium Enterprises (Smes) in next 12 Months as of 2023." Statista, Statista Inc., 3 May 2024, https://www.statista.com/statistics/463154/uk-smes-considering-financing-in-the-next-year-by-type/
British Business Bank, Forms of financing considered by small and medium enterprises (SMEs) in next 12 months as of 2023 Statista, https://www.statista.com/statistics/463154/uk-smes-considering-financing-in-the-next-year-by-type/ (last visited July 22, 2024)
Forms of financing considered by small and medium enterprises (SMEs) in next 12 months as of 2023 [Graph], British Business Bank, May 3, 2024. [Online]. Available: https://www.statista.com/statistics/463154/uk-smes-considering-financing-in-the-next-year-by-type/
