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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 147
2 I thought it would be too expensive 168
3 I thought I would be turned down 351
4 This is not the right time to apply for borrowing 63
5 I thought we would be asked to provide too much security 60
6 Loan facilities come with too many terms and conditions 59
7 I prefer not to borrow 3
8 I do not want to lose control of the business 34
9 It would be too much hassle 86
10 I can get finance from family and friends 14
11 I can raise personal funds 36
12 Prefer to use other forms of finance 35
13 Did not want to go through application process 44
14 Find bank forms and literature hard to understand 5
15 Due to our business sector / type of business 5
16 No time / too busy 1
17 Do not need it 6
18 It is a new business 2
19 Banks are not lending 12
20 Other 77
21 Don't know 18
-99.99 NA 48911
DisclaimerPlease note that these frequencies are not weighted.
LocationSmall- and Medium-Sized Enterprise Finance Monitor, 2011-2017
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