Identifying barriers to productive investment and external finance: a survey of UK SMEs
22 Pages Posted: 22 Mar 2024 Last revised: 27 Mar 2024
Date Written: March 11, 2024
Abstract
This Bulletin documents the findings from a finance and investment decisions survey run by the Bank of England in 2023, in collaboration with the Department for Business and Trade. The survey was completed by 2,885 small and medium enterprises (SMEs). The novelty of the survey is that it links SME’s access to finance and their financing decisions to their investment choices. Furthermore, it also delves into the relatively less explored issue of credit demand that could play a determining role in SME investment decisions.
Suggested Citation: Suggested Citation
Bora, Neha and Cottell, Maddie and Karmakar, Sudipto and King, Benjamin and Nyamushonongora, Kim and Sengul, Serdar, Identifying barriers to productive investment and external finance: a survey of UK SMEs (March 11, 2024). Bank of England Quarterly Bulletin 2024, Available at SSRN: https://ssrn.com/abstract=4768070
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