As of 2020, the leading lender to businesses in the United Kingdom (UK) was the Bank Business Lending (BoE) with a total of almost 104 billion British pounds. Peer-to-peer business lending has the lowest volume among all entities, but has been growing steadily since 2012, amounting to 4.02 billion British pounds in 2020.
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Annual volume of different business lending in the United Kingdom (UK) from 2012 to 2020, by lender
(in billion GBP)
Financial technology firms operating Crowdfunding, P2P/Marketplace Lending and related online capital raising activities.
Supplementary notes
(BoE) Bill of Exchange
(BBA) British Banking Association.
The source added the following information: "in 2020, the data sample includes 654 firm-level observations in Europe, 53 in China, 342 in APAC (excluding China), 205 in LAC, 76 in MENA, 191 in SSA, 72 in the US and Canada, and 67 firms in the UK."
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Cambridge Judge Business School. (June 30, 2021). Annual volume of different business lending in the United Kingdom (UK) from 2012 to 2020, by lender (in billion GBP) [Graph]. In Statista. Retrieved June 20, 2025, from https://www.statista.com/statistics/797749/peer-to-peer-vs-bank-lending-uk/
Cambridge Judge Business School. "Annual volume of different business lending in the United Kingdom (UK) from 2012 to 2020, by lender (in billion GBP)." Chart. June 30, 2021. Statista. Accessed June 20, 2025. https://www.statista.com/statistics/797749/peer-to-peer-vs-bank-lending-uk/
Cambridge Judge Business School. (2021). Annual volume of different business lending in the United Kingdom (UK) from 2012 to 2020, by lender (in billion GBP). Statista. Statista Inc.. Accessed: June 20, 2025. https://www.statista.com/statistics/797749/peer-to-peer-vs-bank-lending-uk/
Cambridge Judge Business School. "Annual Volume of Different Business Lending in The United Kingdom (Uk) from 2012 to 2020, by Lender (in Billion Gbp)." Statista, Statista Inc., 30 Jun 2021, https://www.statista.com/statistics/797749/peer-to-peer-vs-bank-lending-uk/
Cambridge Judge Business School, Annual volume of different business lending in the United Kingdom (UK) from 2012 to 2020, by lender (in billion GBP) Statista, https://www.statista.com/statistics/797749/peer-to-peer-vs-bank-lending-uk/ (last visited June 20, 2025)
Annual volume of different business lending in the United Kingdom (UK) from 2012 to 2020, by lender (in billion GBP) [Graph], Cambridge Judge Business School, June 30, 2021. [Online]. Available: https://www.statista.com/statistics/797749/peer-to-peer-vs-bank-lending-uk/
