Access to Finance 2007 and 2010

  • 35 per cent of small and medium-sized businesses sought finance in 2007. This rose to 42 per cent in 2010.
  • For those seeking loan finance, around three-quarters of businesses approached banks.
  • In 2007, successful loan finance approaches to banks were around 90 per cent. This fell to 65 per cent in 2010.
  • Five out of every six businesses that expect to need future finance anticipate seeking it from banks.

ONS Access to Finance

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