Total finance obtained by SMEs in the UK, 2019-2023
In a survey conducted between October 2023 and April 2024, small and medium enterprise (SME) employers in the United Kingdom (UK) were asked what amount of external finance they obtained in the past 12 months. The largest share of SMEs (23 percent) stated that they did not obtained any external finance or obtained finance amounting to between 25 thousand British pounds and 100 thousand British pounds at that time. Only less than 0.5 percent of SMEs in the UK stated that they secured financing amounting to more than ten million British pounds in 2023.