• SME Loan & Overdraft Research Published by BDRC Continental

    A huge piece of lending related research, the SME Finance Monitor, amongst 10,118 SMEs has just been published by BDRC Continental. The key findings were:

    • Demand for loans/overdrafts has fallen recently

    • Demand is unlikely to increase in the next 3 months

    • The majority of new/renewed loan or overdraft applicants were successful

    • 2% of all SMEs were unsuccessful with an overdraft application, and 1% were unsuccessful with a loan application

    You can find the full details of the research here: SME Finance Monitor Research

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