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Variable

UK Data Service variable record for:

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

Variable Details

Variableq210a
LabelQ.210a And which would you say was the MAIN reason why you did not apply for a loan?
Responses
1 We mentioned it informally to the bank but they seemed reluc 382
2 I thought it would be too expensive 250
3 I thought I would be turned down 604
4 This is not the right time to apply for borrowing 226
5 I thought we would be asked to provide too much security 139
6 Loan facilities come with too many terms and conditions 102
7 I do not want to lose control of the business 46
8 It would be too much hassle 133
9 I can get finance from family and friends 22
10 I can raise personal funds 52
11 Prefer to use other forms of finance 61
12 Did not want to go through application process 68
13 Find bank forms and literature hard to understand 9
14 Due to our business sector / type of business 5
15 No time / too busy 10
16 Do not need it 40
17 It is a new business 5
18 Banks are not lending 17
19 Other 161
20 Don't know 181
-99.99 47643
DisclaimerPlease note that these frequencies are not weighted.
LocationSmall- and Medium-Sized Enterprise Finance Monitor, 2011-2017
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