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Variable

UK Data Service variable record for:

Small- and Medium-Sized Enterprise Finance Monitor, 2011-2017

Variable Details

Variableq239a
LabelQ.239a And which of these would you say was the MAIN reason why you will not apply for external finance?
Responses
1 Do not need to borrow / borrow more 29087
2 Do not want to borrow (more) in the current climate 3690
3 The predicted performance of the business means we don't wan 2254
4 Think the bank would say no 1014
5 Think it would be too expensive 499
6 *Think the bank would want security 74
7 Too much hassle 384
8 Already have the facilities we need 3049
9 Do not find bank forms and literature easy to understand 24
10 We mentioned it informally to the bank but they seemed reluc 113
11 Facilities come with too many terms and conditions 42
12 I prefer not to borrow 371
13 I do not want to lose control of the business 82
14 I can get finance from family and friends if needed 25
15 I can raise personal funds if needed 173
16 Prefer to use other forms of finance 66
17 Did not want to go through application process 16
18 Don't like borrowing / being in debt 22
19 Business is closing / scaling down 108
20 Planning to sell business 25
21 At our limit / want to clear the debts we have before borrow 4
22 Bank terms are unacceptable 0
23 Retiring / about to retire 34
24 Do not trust banks 9
25 Other 152
26 Don't know 71
-99.99 NA 8711
DisclaimerPlease note that these frequencies are not weighted.
LocationSmall- and Medium-Sized Enterprise Finance Monitor, 2011-2017
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