Learn about government support and alternative options for businesses needing finance to help deal with the impact of coronavirus. Read more…
Business loan statistics
How have UK businesses fared with their borrowing?
Businesses all over the UK face financial instability daily, which often requires outside funding in the form of a business loan. We have looked into how the state of borrowing for these businesses differs between industries over the years as well as how it differs depending on the size of the business.
The value of all business loans has increased. Among large businesses in May 2019, the real estate, professional services and support activities industry had the largest gross lending at almost £4 billion, of which it repaid three quarters (77%). Meanwhile, the smallest lending came from the education sector.
The latest facts
The forecasted value of business loans in the UK
Large business lending and repayments by industry
The gross lending and repayment amounts of large businesses by industry in May 2019 are shown below.
|Real estate, professional services and support activities||£3,797mill||£2,916mill|
|Wholesale and retail trade||£2,860mill||£3,018mill|
|Public administration and defence||£1,503mill||£355mill|
|Transport, storage and communication||£1,453mill||£1,064mill|
|Mining and quarrying||£879mill||£734mill|
|Accomodation and food service activities||£665mill||£579mill|
|Electricity, gas and water supply||£608mill||£608mill|
|Human health and social work||£154mill||£132mill|
|Recreational, personal and community service activities||£94mill||£190mill|
|Agriculture, hunting, forestry and fishing||£74mill||£55mill|
Repayments and gross lending of SMEs in the UK
From July 2017-April 2018, the monthly repayment and lending of small and medium enterprises has fluctuated.
British Business Bank
Click here for more research. For all media enquiries, please contact:
Find out if a business loan is considered income and what you can claim as a tax deduction when taking out a loan. Read more…
Get low rates, quick decisions, good customer service and plenty of flexibility through non-bank lenders. Read more…
Discover how to find the best small business loan and compare live rates and fees from a selection of lenders. Read more…
Peer-to-peer business loans aim to offer cheaper rates and an easier application process than more traditional lenders. Read more…
There are a few different ways your company can get its hands on £30,000. We unpack them to help you choose the right way forward. Read more…
Ask an Expert