PE funding gains traction with UK entrepreneurs

Although this figure marks a 7% increase from last year, traditional bank lending remained the most popular option. This was preferred by slightly more than 50% of respondents, which represents a 4% increase from 2012 results.

Despite the overall positive attitude towards banks shown by the study, businesses are still cautious about increasing their debt. In total, fewer than one in four respondents said they planned to raise finance in 2013.

Businesses in the hospitality and leisure sector (50%) followed by the real estate and construction industry (29%) and manufacturing (27%) are the most likely to be looking for financing next year. On the contrary, more than 75% of respondents in the financial services industry said they had no plans to raise finance in the coming year.

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• Topics
• UK / Ireland
• United Kingdom