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According to a survey conducted in 2022 among UK small and medium enterprise, 19 percent of SMEs in need of external finance were considering applying to government or local government grants in the next 12 months. Also, 13 percent of SMEs in need of financing were considering using their bank overdraft.
Forms of financing considered by small and medium enterprises (SMEs) in next 12 months as of 2022
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British Business Bank. (April 13, 2023). Forms of financing considered by small and medium enterprises (SMEs) in next 12 months as of 2022 [Graph]. In Statista. Retrieved May 21, 2024, from https://www.statista.com/statistics/463154/uk-smes-considering-financing-in-the-next-year-by-type/
British Business Bank. "Forms of financing considered by small and medium enterprises (SMEs) in next 12 months as of 2022." Chart. April 13, 2023. Statista. Accessed May 21, 2024. https://www.statista.com/statistics/463154/uk-smes-considering-financing-in-the-next-year-by-type/
British Business Bank. (2023). Forms of financing considered by small and medium enterprises (SMEs) in next 12 months as of 2022. Statista. Statista Inc.. Accessed: May 21, 2024. https://www.statista.com/statistics/463154/uk-smes-considering-financing-in-the-next-year-by-type/
British Business Bank. "Forms of Financing Considered by Small and Medium Enterprises (Smes) in next 12 Months as of 2022." Statista, Statista Inc., 13 Apr 2023, https://www.statista.com/statistics/463154/uk-smes-considering-financing-in-the-next-year-by-type/
British Business Bank, Forms of financing considered by small and medium enterprises (SMEs) in next 12 months as of 2022 Statista, https://www.statista.com/statistics/463154/uk-smes-considering-financing-in-the-next-year-by-type/ (last visited May 21, 2024)
Forms of financing considered by small and medium enterprises (SMEs) in next 12 months as of 2022 [Graph], British Business Bank, April 13, 2023. [Online]. Available: https://www.statista.com/statistics/463154/uk-smes-considering-financing-in-the-next-year-by-type/