This statistic illustrates the share of respondent's outcomes of applications for loans from family and friends for their small and medium enterprises (SMEs) in the United Kingdom (UK) in 2019. It can be seen that the majority of individuals surveyed (86 percent) stated that they received all of the loans from family or friends they asked for, whilst only two percent of respondents stated that they received none of the sought after financing in 2019.
Share of small and medium enterprise (SME) employers who asked family or friends for loans in the United Kingdom (UK) in 2019, by outcome
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GOV.UK. (June 4, 2020). Share of small and medium enterprise (SME) employers who asked family or friends for loans in the United Kingdom (UK) in 2019, by outcome [Graph]. In Statista. Retrieved November 17, 2024, from https://www.statista.com/statistics/912332/outcome-of-application-for-loans-from-family-or-friends-united-kingdom/
GOV.UK. "Share of small and medium enterprise (SME) employers who asked family or friends for loans in the United Kingdom (UK) in 2019, by outcome." Chart. June 4, 2020. Statista. Accessed November 17, 2024. https://www.statista.com/statistics/912332/outcome-of-application-for-loans-from-family-or-friends-united-kingdom/
GOV.UK. (2020). Share of small and medium enterprise (SME) employers who asked family or friends for loans in the United Kingdom (UK) in 2019, by outcome. Statista. Statista Inc.. Accessed: November 17, 2024. https://www.statista.com/statistics/912332/outcome-of-application-for-loans-from-family-or-friends-united-kingdom/
GOV.UK. "Share of Small and Medium Enterprise (Sme) Employers Who Asked Family or Friends for Loans in The United Kingdom (Uk) in 2019, by Outcome." Statista, Statista Inc., 4 Jun 2020, https://www.statista.com/statistics/912332/outcome-of-application-for-loans-from-family-or-friends-united-kingdom/
GOV.UK, Share of small and medium enterprise (SME) employers who asked family or friends for loans in the United Kingdom (UK) in 2019, by outcome Statista, https://www.statista.com/statistics/912332/outcome-of-application-for-loans-from-family-or-friends-united-kingdom/ (last visited November 17, 2024)
Share of small and medium enterprise (SME) employers who asked family or friends for loans in the United Kingdom (UK) in 2019, by outcome [Graph], GOV.UK, June 4, 2020. [Online]. Available: https://www.statista.com/statistics/912332/outcome-of-application-for-loans-from-family-or-friends-united-kingdom/
