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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 32314
2 Do not want to borrow (more) in the current climate 2786
3 The predicted performance of the business means we don't wan 1698
4 Think the bank would say no 694
5 Think it would be too expensive 321
6 *Think the bank would want security 50
7 Too much hassle 382
8 Already have the facilities we need 2748
9 Do not find bank forms and literature easy to understand 27
10 We mentioned it informally to the bank but they seemed reluc 61
11 Facilities come with too many terms and conditions 34
12 I prefer not to borrow 0
13 I do not want to lose control of the business 54
14 I can get finance from family and friends if needed 21
15 I can raise personal funds if needed 144
16 Prefer to use other forms of finance 41
17 Did not want to go through application process 24
18 Don't like borrowing / being in debt 28
19 Business is closing / scaling down 82
20 Planning to sell business 25
21 At our limit / want to clear the debts we have before borrow 1
22 Bank terms are unacceptable 0
23 Retiring / about to retire 45
24 Do not trust banks 5
25 Other 133
26 Don't know 61
-99.99 NA 8358
DisclaimerPlease note that these frequencies are not weighted.
LocationSmall- and Medium-Sized Enterprise Finance Monitor, 2011-2017
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