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Evaluating Changes in Bank Lending to UK SMEs over 2001-12 – Ongoing Tight Credit?

Angus Armstrong, E Philip Davis, Iana Liadze () and Cinzia Rienzo ()

No 408, National Institute of Economic and Social Research (NIESR) Discussion Papers from National Institute of Economic and Social Research

Abstract: The availability of bank finance to small and medium sized enterprises (SMEs) is important to allow SMEs to start up and finance investment for growth. There has been widespread comment regarding the continued difficulty SMEs perceive in obtaining external finance since the financial crisis of 2008. This followed a period in which credit was more widely available in the early to mid 2000s.

Date: 2013-03
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