The British Business Bank 2016 Business Finance Survey

The 2016 Business Finance Survey among SMEs, conducted by Ipsos on behalf of the British Business Bank

The author(s)
  • Rebecca Klahr Public Affairs
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This survey, undertaken by Ipsos for the British Business Bank, follows on from the previous 2012, 2014 and 2015 “SME Journey” surveys to explore SME awareness of different types of external finance and their experience of raising finance.

Amongst the findings, awareness of different finance products continues to improve, albeit at a slowing pace, but awareness of specific providers is lacking behind.  The survey also revealed that awareness of equity finance remains greater for small businesses in London compared to other English regions.

The survey, conducted in November 2016, also provides a snapshot of SME response to the EU Referendum result.  The majority of SMEs surveyed have not made any changes as a result of the referendum, however a small proportion report an intention to change investment plans over the next 12 months.

The survey fed into the British Business Bank’s Small Business Finance Markets Report, which is available at http://british-business-bank.co.uk/

The author(s)
  • Rebecca Klahr Public Affairs

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