Business Finance Review

Quarterly commentary on various forms of business finance (loans, overdrafts, invoice finance and asset based lending), particularly for small and medium-sized enterprises.

The number of providers of finance to small and medium-sized enterprises continues to expand, but the mainstay of SME finance remains the loans and overdrafts provided by both large and small mainstream lenders with local branches where SMEs typically hold their business current accounts.  The first three quarters of 2019 saw a wide geographic spread of loans approved across the UK with two thirds of loans being made to businesses outside of London and the South East (chart 1). In addition, over 60 per cent of SME lending amounts outstanding sits outside London and the South East where a similar proportion of national output is generated.

Latest Data - Q3 2019 (Published on 17/01/2020)

Business Finance Review - Q3 2019

UK Finance Members only