This statistic illustrates the number of small and medium enterprises (SMEs) using alternative finance for funding in the United Kingdom (UK) from 2014 to 2017. From 2014 to 2016 the number of small and medium companies using alternative finance in the United Kingdom (UK) increased from 7,000 to 32,800, falling roughly 11 percent in 2017, with 29,500 companies.
Number of small and medium enterprises (SMEs) using alternative finance in the United Kingdom (UK) from 2014 to 2017*
Primary industry figures as well as extensive surveys of businesses and consumers
Supplementary notes
* The source adds the following information. "This is the fourth annual industry study, which includes data collected from 77 alternative finance platforms, as well as over 8,300 retail investors within the UK. This research was conducted over the course of six months and included three phases of research. The survey collected aggregate-level industrial data used to measure the size and growth of the industry, as well as other key metrics. This benchmark included responses from 77 platforms, capturing an estimated 95% of the visible UK online alternative finance market."
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Cambridge Judge Business School. (November 1, 2018). Number of small and medium enterprises (SMEs) using alternative finance in the United Kingdom (UK) from 2014 to 2017* [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/797742/number-of-smes-using-alternative-finance-uk/
Cambridge Judge Business School. "Number of small and medium enterprises (SMEs) using alternative finance in the United Kingdom (UK) from 2014 to 2017*." Chart. November 1, 2018. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/797742/number-of-smes-using-alternative-finance-uk/
Cambridge Judge Business School. (2018). Number of small and medium enterprises (SMEs) using alternative finance in the United Kingdom (UK) from 2014 to 2017*. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/797742/number-of-smes-using-alternative-finance-uk/
Cambridge Judge Business School. "Number of Small and Medium Enterprises (Smes) Using Alternative Finance in The United Kingdom (Uk) from 2014 to 2017*." Statista, Statista Inc., 1 Nov 2018, https://www-statista-com.ezproxy.canberra.edu.au/statistics/797742/number-of-smes-using-alternative-finance-uk/
Cambridge Judge Business School, Number of small and medium enterprises (SMEs) using alternative finance in the United Kingdom (UK) from 2014 to 2017* Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/797742/number-of-smes-using-alternative-finance-uk/ (last visited November 10, 2024)
Number of small and medium enterprises (SMEs) using alternative finance in the United Kingdom (UK) from 2014 to 2017* [Graph], Cambridge Judge Business School, November 1, 2018. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/797742/number-of-smes-using-alternative-finance-uk/
