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
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
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 December 18, 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 December 18, 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: December 18, 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 December 18, 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/
