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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 328
2 I thought it would be too expensive 242
3 I thought I would be turned down 580
4 This is not the right time to apply for borrowing 178
5 I thought we would be asked to provide too much security 116
6 Loan facilities come with too many terms and conditions 93
7 I do not want to lose control of the business 45
8 It would be too much hassle 124
9 I can get finance from family and friends 19
10 I can raise personal funds 52
11 Prefer to use other forms of finance 53
12 Did not want to go through application process 64
13 Find bank forms and literature hard to understand 10
14 Due to our business sector / type of business 7
15 No time / too busy 7
16 Do not need it 29
17 It is a new business 4
18 Banks are not lending 18
19 Other 141
20 Don't know 116
-99.99 NA 47873
DisclaimerPlease note that these frequencies are not weighted.
LocationSmall- and Medium-Sized Enterprise Finance Monitor, 2011-2017
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