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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 30335
2 Do not want to borrow (more) in the current climate 3491
3 The predicted performance of the business means we don't wan 2037
4 Think the bank would say no 949
5 Think it would be too expensive 418
6 *Think the bank would want security 57
7 Too much hassle 398
8 Already have the facilities we need 2895
9 Do not find bank forms and literature easy to understand 29
10 We mentioned it informally to the bank but they seemed reluc 100
11 Facilities come with too many terms and conditions 38
12 I prefer not to borrow 132
13 I do not want to lose control of the business 79
14 I can get finance from family and friends if needed 22
15 I can raise personal funds if needed 166
16 Prefer to use other forms of finance 59
17 Did not want to go through application process 21
18 Don't like borrowing / being in debt 26
19 Business is closing / scaling down 89
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 46
24 Do not trust banks 7
25 Other 153
26 Don't know 68
DisclaimerPlease note that these frequencies are not weighted.
LocationSmall- and Medium-Sized Enterprise Finance Monitor, 2011-2017
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