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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 348
2 I thought it would be too expensive 247
3 I thought I would be turned down 591
4 This is not the right time to apply for borrowing 199
5 I thought we would be asked to provide too much security 130
6 Loan facilities come with too many terms and conditions 103
7 I do not want to lose control of the business 43
8 It would be too much hassle 133
9 I can get finance from family and friends 21
10 I can raise personal funds 51
11 Prefer to use other forms of finance 59
12 Did not want to go through application process 65
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 8
16 Do not need it 31
17 It is a new business 4
18 Banks are not lending 19
19 Other 148
20 Don't know 151
-99.99 47736
DisclaimerPlease note that these frequencies are not weighted.
LocationSmall- and Medium-Sized Enterprise Finance Monitor, 2011-2017
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