Among the main forms of alternative finance for SMEs, the most well-known among SMEs in the United Kingdom was leasing (also know as hire purchase), indicated by 78 percent of respondents. Also, 63 percent of UK SMEs were also aware of venture capital as an alternative form of financing.
Small and medium enterprises (SMEs) awareness of alternative finance forms in the United Kingdom (UK) in 2023
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British Business Bank. (May 3, 2024). Small and medium enterprises (SMEs) awareness of alternative finance forms in the United Kingdom (UK) in 2023 [Graph]. In Statista. Retrieved January 09, 2025, from https://www.statista.com/statistics/463279/small-businesses-external-finance-forms-united-kingdom/
British Business Bank. "Small and medium enterprises (SMEs) awareness of alternative finance forms in the United Kingdom (UK) in 2023." Chart. May 3, 2024. Statista. Accessed January 09, 2025. https://www.statista.com/statistics/463279/small-businesses-external-finance-forms-united-kingdom/
British Business Bank. (2024). Small and medium enterprises (SMEs) awareness of alternative finance forms in the United Kingdom (UK) in 2023. Statista. Statista Inc.. Accessed: January 09, 2025. https://www.statista.com/statistics/463279/small-businesses-external-finance-forms-united-kingdom/
British Business Bank. "Small and Medium Enterprises (Smes) Awareness of Alternative Finance Forms in The United Kingdom (Uk) in 2023." Statista, Statista Inc., 3 May 2024, https://www.statista.com/statistics/463279/small-businesses-external-finance-forms-united-kingdom/
British Business Bank, Small and medium enterprises (SMEs) awareness of alternative finance forms in the United Kingdom (UK) in 2023 Statista, https://www.statista.com/statistics/463279/small-businesses-external-finance-forms-united-kingdom/ (last visited January 09, 2025)
Small and medium enterprises (SMEs) awareness of alternative finance forms in the United Kingdom (UK) in 2023 [Graph], British Business Bank, May 3, 2024. [Online]. Available: https://www.statista.com/statistics/463279/small-businesses-external-finance-forms-united-kingdom/