Follow-up research into mid-cap business having difficulty raising bank finance.

North, David J. and Owen, Robyn ORCID: https://orcid.org/0000-0003-4241-3367 (2010) Follow-up research into mid-cap business having difficulty raising bank finance. Project Report. Middlesex University, London. . [Monograph]

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Abstract

This report commissioned by the Department for Business Innovation and Skills (BIS) and carried out by the Centre for Enterprise and Economic Development Research (CEEDR), presents the findings from a follow-up, qualitative study of 15 mid cap businesses (defined as having a sales turnover of between £25m and £500m). These were drawn from the 2010 Finance Survey of Mid-cap Businesses undertaken by BDRC Continental to explore the issues in much greater detail. Of the businesses that agreed to a follow-up interview, 25 reported bank finance problems and a further three were identified as ‘discouraged borrowers’.

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