Bank overdraft application outcomes for SMEs in the United Kingdom (UK) 2019

Published by Statista Research Department, Oct 11, 2023
This statistic illustrates the outcome of bank overdraft applications for small and medium enterprises (SMEs) in the United Kingdom (UK) as of 2019. It can be seen that 15 percent of small and medium enterprises in the UK stated that they did not receive an overdraft after applying for a bank overdraft at that time. A total of 75 percent of SMEs stated that they received the total overdraft that they applied for as of 2019.

Outcome of bank overdraft applications for small and medium enterprises (SMEs) in the United Kingdom (UK) as of 2019

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Release date

June 2020

Region

United Kingdom

Survey time period

July 2019 to February 2020

Number of respondents

439 respondents

Special properties

SMEs that applied for finance in the last 12 months

Method of interview

Computer-assisted telephone interviews (CATI)

Supplementary notes

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).


This statistic using original data from the Government Digital Service and includes copyright material licensed under © Crown, the Open Government License v3.0

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