SME Finance Monitor

Latest published SME Finance Monitor reports

  • The latest full report is to Q2 2019 and was published on 19 September 2019. See below for Management Summary and individual chapters.
  • Between full reports, we publish key data each month based on the previous 3 months rolling data. The latest period is the 3 months to the end of July 2019.
  • The 2018 annual report, providing data for 2018 on the regions and devolved nations was published in June 2019.

Shiona Davies spoke at the second annual SME Finance Monitor Breakfast & Brainfood event, talking through the latest findings from the BVA BDRC SME Finance Monitor.

The SME Finance Monitor has been providing robust and respected data on access to finance amongst SMEs for over eight years, since 2011. These independent reports are used by banks, government, the Bank of England MPC and industry bodies to inform the debate on this key issue.

Almost 150,000 interviews have now been conducted by BVA BDRC (4,500 interviews each quarter), building into a considerable data set on SME sentiment around past and future finance needs.

The Monitor is vital for understanding how SMEs are thinking on key financial issues and the business environment. For example, we explore how many SMEs have applied for external finance, what their experience was, and what (if anything) stopped those who did not apply from doing so.

We also explore the extent to which they are aware of the various forms of support and advice available to them when accessing finance. Looking forward, we track how many are planning to grow and the key barriers to running the business as they would wish.

Both the report and underlying data are made available free to all interested parties, and the quarterly results are widely quoted in the media.

Background

Scaleups - helping fast growing SMEs

The SME Finance Monitor is increasingly being used to help Government and private and public sector bodies better understand not just the overall SME market but key groups of interest. We recently worked with the Scaleup Institute to highlight the key challenges faced by fast growing businesses. Their report, launched at the Stock Exchange, can be downloaded here from the Scaleup Institute. SME Finance Monitor data is freely available to all interested parties, so if you’d like to discuss how it might help inform your organisation, please get in touch.

Latest press

The SME Finance Monitor reports:

2019

SME FM Q2 2019

SME Finance Monitor Q2 2019 - published 19 September 2019.

Full report

Management summary

Individual chapters:

Ch 3: Using this report

Ch 4: The general context

Ch 5: The financial context - How are SMEs funding themselves? (Part 1)

Ch 6: The financial context - How are SMEs funding themselves? (Part 2)

Ch 7: Need for funding

Ch 8: An overview of borrowing events

Ch 9: Borrowing events in more detail

Ch 10: Outcome of Type 1 applications

Ch 11: Why were SMEs not looking to borrow in the last 12 months?

Ch 12: The future

Ch 13: Awareness of Taskforce and other initiatives

Ch 14: Selected charts and graphs

 

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