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The SME Finance Monitor

SME Finance Monitor Annual Report 2013





The SME Finance Monitor surveys 5,000 businesses every quarter about past borrowing events and future borrowing intentions. It is the largest such survey in the UK and has built into a robust and reliable independent data source for all parties interested in the issue of SME finance since the first report was published covering Q1-2 2011. 


The Annual Report for 2013 is now published.

Download the 2013 SME Finance Monitor Annual Report.


SME Finance Monitor Q4 2013: The Year in Review.


Individual Chapters:

4)     The general context
5)     Financial context - how are SMEs funding themselves?
6)     An initial summary of all loan and overdraft events
7)     The build up to applications for overdrafts and loans
8)     The outcome of the application / renewal
9)     The impact of the application / renewal process
10)   Rates and fees - Type 1 events
11)   Why were SMEs not looking to borrow in the previous 12 months?
12)   The future
13)   Awareness of Taskforce and other initiatives
14)   Graphs and Charts

15)   Technical appendix


Read the latest press release:

Eight out of ten SMEs have not sought external finance

The SME Finance Monitor is frequently quoted in the press and is now widely acknowledged as the ‘go-to’ for information on finance for SMEs in the UK.

As an independent, authoritative study the report has helped inform an economics paper published by the Department for Business, Innovation and Skills (BIS) entitled SME Access to FinanceIn the Rt Hon the Lord Heseltine’s October 2012 report, ‘No Stone Unturned in the Pursuit of Growth’, data from the SME Finance Monitor lends weight to Lord Heseltine’s discussion on access to finance.

Furthermore, evidence from the SME Finance Monitor has been used to inform The Times’ ‘Funding Britain’s Growth’ supplement, and, across the pond, the Monitor featured in an article in The New York Times entitled ‘A Quandary for Britain’s Banks’, where the data was used as evidence of the number of SMEs neither wanting nor applying for loans. That is in addition to the many writers and journalists that rely upon the SME Finance Monitor for a balanced, informed view on SMEs and their access to finance, including those writing on behalf of The Financial Times, The Telegraph, The Guardian and Daily Mail, as well as members of preeminent lobbying organisations such as the CBI and the EEF.

For press enquiries, please contact:
Lucy Green 07817 698366
Stuart Risdale 
07790 951229

Nina Croad 07889 491259

Informing the debate

Ian Cowie, Chief Executive Business & Commercial Banking at RBS and NatWest, discusses the issue of business confidence in obtaining finance Read here.

Heather Greig-Smith, The Times, used findings from the SME Finance Monitor and Business Opinion Omnibus to contextualise the new use of Wonga for Business Read here.

Shane Croucher of IBTimes covers the latest news from the monitor 'More SMEs Reporting Growth as Economy Gathers Pace.' Read here.

Contacts

Shiona Davies 020 7490 9124

For press enquiries, please contact:

Lucy Green      07817 698366
Stuart Risdale
  07790 951229
Nina Croad
       07889 491259

Latest Reports

Now widely acknowledged as the authoritative 'go-to' for information on finance for SMEs, the engine room of the UK's economy. 

Annual Report 2013
SME Finance Monitor Q4 2013

Women-Led Businesses 2012

About

The project is led by Shiona Davies, Director at BDRC Continental.  The first report was published in July 2011, with subsequent reports published quarterly.

The Taskforce was set up following publication of the government's green paper, Financing a Private Sector Recovery.  The Taskforce was made up of the CEOs and senior representatives of the six largest UK banks: Barclays; HSBC; Lloyds Banking Group; Royal Bank of Scotland; Santander; and Standard Chartered.

http://www.bba.org.uk/taskforce for more info.