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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 32169
2 Do not want to borrow (more) in the current climate 2987
3 The predicted performance of the business means we don't wan 1769
4 Think the bank would say no 721
5 Think it would be too expensive 334
6 *Think the bank would want security 48
7 Too much hassle 378
8 Already have the facilities we need 2682
9 Do not find bank forms and literature easy to understand 29
10 We mentioned it informally to the bank but they seemed reluc 70
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 59
14 I can get finance from family and friends if needed 22
15 I can raise personal funds if needed 149
16 Prefer to use other forms of finance 48
17 Did not want to go through application process 23
18 Don't like borrowing / being in debt 28
19 Business is closing / scaling down 84
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 42
24 Do not trust banks 4
25 Other 134
26 Don't know 53
-99.99 NA 8241
DisclaimerPlease note that these frequencies are not weighted.
LocationSmall- and Medium-Sized Enterprise Finance Monitor, 2011-2017
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