SMEs seeking finance

SME Finance Monitor Q2 2012

  • In Q2 2012, 43% of SMEs interviewed said they were currently using external finance, compared to 51% in Q1-2 2011
  • Over the same period, the proportion of SMEs with and overdraft has fallen from 30% to 22%
  • Amongst applicants for new money, those applying for their first ever loan/overdraft were much less likely to be successful than those who had borrowed before

 

 

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