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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 254
2 I thought it would be too expensive 217
3 I thought I would be turned down 512
4 This is not the right time to apply for borrowing 109
5 I thought we would be asked to provide too much security 89
6 Loan facilities come with too many terms and conditions 77
7 I prefer not to borrow 27
8 I do not want to lose control of the business 40
9 It would be too much hassle 114
10 I can get finance from family and friends 12
11 I can raise personal funds 39
12 Prefer to use other forms of finance 44
13 Did not want to go through application process 56
14 Find bank forms and literature hard to understand 8
15 Due to our business sector / type of business 6
16 No time / too busy 3
17 Do not need it 13
18 It is a new business 3
19 Banks are not lending 17
20 Other 114
21 Don't know 20
-99.99 48349
DisclaimerPlease note that these frequencies are not weighted.
LocationSmall- and Medium-Sized Enterprise Finance Monitor, 2011-2017
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