SME Finance Monitor

The SME Finance Monitor has been providing robust and respected data on access to finance amongst SMEs for over five 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.

More than 100,000 interviews have now been conducted by 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.

Starting Autumn 2016 (post Brexit referendum) we will be publishing monthly mini-reports, tracking changes in behaviour and sentiment as preparations for Brexit develop.

Both the report and underlying data are made available free to all interested parties, and the quarterly results are widely quoted in the media.  Latest coverage/usage: the SME Finance Monitor is cited in the Bank of England's Credit Conditions Review also used in British Business Bank's the Small Business Finance Markets Report 2015/16

Latest press:

View the SME Finance Monitor reports:


Published Thursday 8 September 2016: SME Finance Monitor Q2 2016

Full report

Management summary

Ch 3: Definitions

Ch 4: The general context

Ch 5: The financial context - How are SMEs funding themselves?

Ch 6: An initial summary of all overdraft and loan events

Ch 7: The build up to applications for overdrafts and loans

Ch 8: The outcome of the application/renewal

Ch 9: The impact of the application/renewal process

Ch 10: Rates and fees - Type 1 events

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

Ch 12: The future

Ch 13: Awareness of Taskforce and other initiatives

Ch 14: Selected charts and graphs



Women-Led Businesses - Analysis from the SME Finance Monitor YEQ4 2015. Download the report

2015 Annual Report - published May 2016

Q4 2015 SME Finance Monitor Full Report

Q4 2015 Management Summary

Q3 2015 SME Finance Monitor Management Summary

Q3 2015 SME Finance Monitor Charts

Listen to BDRC Director Shiona Davies discuss the Q2 SME Finance Monitor on Share Radio

Q2 2015 SME Finance Monitor Management Summary

Q2 2015 SME Finance Monitor Full Report

Q1 2015 SME Finance Monitor Management Summary

Q1 2015 SME Finance Monitor Charts

Ethnic Minority Business Report - view the infographic.


2014 Annual Report- (published July 2015).

Q4 2014 SME Finance Monitor

Q3 2014 SME Finance Monitor Management Summary

Q2 2014 SME Finance Monitor

Q1 2014 SME Finance Monitor (charts only)

Women-led Businesses Report - view the infographic.


Annual Report 2013

Q1 2013 SME Finance Monitor

Q2 2013 SME Finance Monitor

Q3 2013 SME Finance Monitor

Q4 2013 SME Finance Monitor


Annual Report 2012

Q1 2012 SME Finance Monitor

Q2 2012 SME Finance Monitor

Q3 2012 SME Finance Monitor

Q4 2012 SME Finance Monitor


Annual Report 2011

Q1 2011 SME Finance Monitor

Q3 2011 SME Finance Monitor

Q4 2011 SME Finance Monitor

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