This statistic illustrates the total volume of alternative finance and the total volume of the alternative finance market funding small and medium enterprises (SMEs) in the United Kingdom (UK) from 2014 to 2017, in billion British pounds. Both total market value has continuously increased during the this period. In 2017 the alternative finance market and alternative finance used by SMEs amounted to 6.19 billion and 4.2 billion British pounds respectively.
Annual value of alternative finance used by small and medium enterprises (SMEs) in the United Kingdom (UK) from 2014 to 2017*
(in billion GBP)
Characteristic
Alternative finance (SMEs)
Total alternative finance
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Primary industry figures as well as extensive surveys of businesses and consumers
Supplementary notes
* The source adds the following information. "This is the fourth annual industry study, which includes data collected from 77 alternative finance platforms, as well as over 8,300 retail investors within the UK. This research was conducted over the course of six months and included three phases of research. The survey collected aggregate-level industrial data used to measure the size and growth of the industry, as well as other key metrics. This benchmark included responses from 77 platforms, capturing an estimated 95% of the visible UK online alternative finance market."
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Cambridge Judge Business School. (November 1, 2018). Annual value of alternative finance used by small and medium enterprises (SMEs) in the United Kingdom (UK) from 2014 to 2017* (in billion GBP) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/797728/alternative-finance-used-small-medium-enterprises-uk/
Cambridge Judge Business School. "Annual value of alternative finance used by small and medium enterprises (SMEs) in the United Kingdom (UK) from 2014 to 2017* (in billion GBP)." Chart. November 1, 2018. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/797728/alternative-finance-used-small-medium-enterprises-uk/
Cambridge Judge Business School. (2018). Annual value of alternative finance used by small and medium enterprises (SMEs) in the United Kingdom (UK) from 2014 to 2017* (in billion GBP). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/797728/alternative-finance-used-small-medium-enterprises-uk/
Cambridge Judge Business School. "Annual Value of Alternative Finance Used by Small and Medium Enterprises (Smes) in The United Kingdom (Uk) from 2014 to 2017* (in Billion Gbp)." Statista, Statista Inc., 1 Nov 2018, https://www.statista.com/statistics/797728/alternative-finance-used-small-medium-enterprises-uk/
Cambridge Judge Business School, Annual value of alternative finance used by small and medium enterprises (SMEs) in the United Kingdom (UK) from 2014 to 2017* (in billion GBP) Statista, https://www.statista.com/statistics/797728/alternative-finance-used-small-medium-enterprises-uk/ (last visited August 25, 2024)
Annual value of alternative finance used by small and medium enterprises (SMEs) in the United Kingdom (UK) from 2014 to 2017* (in billion GBP) [Graph], Cambridge Judge Business School, November 1, 2018. [Online]. Available: https://www.statista.com/statistics/797728/alternative-finance-used-small-medium-enterprises-uk/