This statistic illustrates the outcome of loan applications for small and medium enterprises (SMEs) in the United Kingdom (UK) as of 2019. It can be seen that ** percent of SMEs in the UK stated that their loan applications were completely unsuccessful at that time. Although this was the case, a total of ** percent of SMEs stated that their loan applications were completely successful in 2019.
SMEs that applied for a loan in the last 12 months
Method of interview
Computer-assisted telephone interviews (CATI)
Supplementary notes
Survey was conducted among small and medium businesses with employees. Three categories were distinguished, based on employees numbers: micro businesses (1 to 9 employees), small businesses (10 to 49 employees) and medium businesses (50 to 250 employees).
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GOV.UK. (June 4, 2020). Outcome of loan applications for small and medium enterprises (SMEs) in the United Kingdom (UK) as of 2019 [Graph]. In Statista. Retrieved June 28, 2025, from https://www.statista.com/statistics/594468/sme-loan-application-outcomes-united-kindom/
GOV.UK. "Outcome of loan applications for small and medium enterprises (SMEs) in the United Kingdom (UK) as of 2019." Chart. June 4, 2020. Statista. Accessed June 28, 2025. https://www.statista.com/statistics/594468/sme-loan-application-outcomes-united-kindom/
GOV.UK. (2020). Outcome of loan applications for small and medium enterprises (SMEs) in the United Kingdom (UK) as of 2019. Statista. Statista Inc.. Accessed: June 28, 2025. https://www.statista.com/statistics/594468/sme-loan-application-outcomes-united-kindom/
GOV.UK. "Outcome of Loan Applications for Small and Medium Enterprises (Smes) in The United Kingdom (Uk) as of 2019." Statista, Statista Inc., 4 Jun 2020, https://www.statista.com/statistics/594468/sme-loan-application-outcomes-united-kindom/
GOV.UK, Outcome of loan applications for small and medium enterprises (SMEs) in the United Kingdom (UK) as of 2019 Statista, https://www.statista.com/statistics/594468/sme-loan-application-outcomes-united-kindom/ (last visited June 28, 2025)
Outcome of loan applications for small and medium enterprises (SMEs) in the United Kingdom (UK) as of 2019 [Graph], GOV.UK, June 4, 2020. [Online]. Available: https://www.statista.com/statistics/594468/sme-loan-application-outcomes-united-kindom/
