Credit lines remained a popular source of financing for companies in Europe in 2020, but the preference for grants increased considerably. The source states that the use of grans grew to 24 percent in 2020, a figure that was only eight percent in 2019. Nevertheless, roughly one third of enterprises in Europe were financed through credit lines as of 2020. Leasing and bank loans financed around one fifth of the enterprises, respectively.
Share of credit lines, grants, leasing and bank loans for business finance in Europe in 2020
Micro, small, medium-sized and large firms; Active in Industry (NACE B, C, D, E), Construction (NACE F), Trade (NACE G) and Services (NACE H, I, J, L, M, N, R, S).
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European Commission, & ECB. (November 24, 2020). Share of credit lines, grants, leasing and bank loans for business finance in Europe in 2020 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/941804/europe-enterprises-financing-sources/
European Commission, und ECB. "Share of credit lines, grants, leasing and bank loans for business finance in Europe in 2020." Chart. November 24, 2020. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/941804/europe-enterprises-financing-sources/
European Commission, ECB. (2020). Share of credit lines, grants, leasing and bank loans for business finance in Europe in 2020. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/941804/europe-enterprises-financing-sources/
European Commission, and ECB. "Share of Credit Lines, Grants, Leasing and Bank Loans for Business Finance in Europe in 2020." Statista, Statista Inc., 24 Nov 2020, https://www.statista.com/statistics/941804/europe-enterprises-financing-sources/
European Commission & ECB, Share of credit lines, grants, leasing and bank loans for business finance in Europe in 2020 Statista, https://www.statista.com/statistics/941804/europe-enterprises-financing-sources/ (last visited July 22, 2024)
Share of credit lines, grants, leasing and bank loans for business finance in Europe in 2020 [Graph], European Commission, & ECB, November 24, 2020. [Online]. Available: https://www.statista.com/statistics/941804/europe-enterprises-financing-sources/
