Independent Study Reviews Availability of Bank Finance for UK SMEs
BDRC Continental has published an independent study into the availability of finance for the UK’s small and medium-sized enterprises (SMEs). The report is the first edition of the quarterly SME Finance Monitor.
The findings are based on over 5,000 telephone interviews conducted among UK businesses with up to £25m turnover between March and June 2011.
Key highlights include:
Shiona Davies, the director at BDRC Continental who led the research, said: “The research shows that most applicants were successful, but that there are certain SMEs that were less likely to get facilities.”