SME Finance Monitor
The SME Finance Monitor has been providing robust and respected data on access to finance amongst SMEs since 2011. The reports are used by banks, government, the Bank of England and industry bodies to inform the debate on this key issue.
More than 65,000 interviews have now been conducted by BDRC (5,000 interviews are conducted 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. 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 for 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.
View the SME Finance Monitor reports:
Women-Led Businesses - Analysis from the SME Finance Monitor YEQ4 2015. Download the report
The 2015 Annual Regional Report, based on SME Finance Monitor data is now available for free download. It provides information, for each of the English regions and devolved nations, on SME views on access to finance in 2015 and how these have changed over time.
2015 Annual Report - published May 2016
Listen to BDRC Director Shiona Davies discuss the Q2 SME Finance Monitor on Share Radio
2014 Annual Report- (published July 2015).