Complete Commercial Finance Business Survey 2023
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1.
What sector describes your business?
(Required.)
Agriculture, forestry and fishing
Construction
Creative industries
Education
Energy and renewables
Food & drink
Health & welfare
Homes & gardens
Leisure & tourism
Manufacturing
Professional & financial services
Property
Public sector
Retail
Transport & logistics
Other (please specify)
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2.
How many employees does your business have?
(Required.)
1-9 (micro)
10-49 (small)
50-249 (medium)
250+ (large)
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3.
What was your business turnover in the last 12 months?
(Required.)
£101,000 - £500,000
£501,000 - £1m
£1.1m - £5m
£5m+
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4.
How confident are you about your business’ performance over the next 12 months?
(Required.)
Very positive
Positive
Neutral
Not positive
Negative
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5.
What challenges do you anticipate will affect your business over the next 12 months? (Tick all that apply)
(Required.)
Rising costs (energy/fuel, materials, labour)
International conflict/disruption
Sustainable development and environmental responsibility
Taxation (Corporation Tax, VAT, National Insurance payments)
Late payments
Staff recruitment/training
HR (National Living Wage/workplace pensions)
Business finance
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6.
What types of external finance does your business use currently? (Tick all that apply)
(Required.)
Government funding (Coronavirus Business Interruption Loan Scheme/CBILS, Bounce Back Loan Scheme/BBLS, Recovery Loan Scheme/RLS)
Asset finance
Invoice discounting
Merchant cash advance
HMRC loan
Credit cards
Bank overdraft
Leasing/hire purchase
Loan from family/directors/owners
Loan from bank or other lender
Commercial mortgage
Government or local authority grant
Other finance
No finance used
7.
If you have used external finance in the past 12 months, what were the reasons for doing so? (Tick all that apply)
Cashflow
Acquiring equipment
Acquiring vehicle(s)
Buying land/property
Investment in goods/services
Tax funding
Staff training
Marketing
Other (please specify)
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8.
What is the range of external finance you have taken in the past 12 months?
(Required.)
Less than £10,000
£10,000 - £49,999
£50,000 - £99,999
£100,000 - £499,999
£500,000 - £999,999
£1m +
9.
If you have considered but not taken external finance in the past 12 months, what put you off?
Didn't know where to find the right finance
Thought it would be a hassle to organise
Thought it might be expensive
Poor credit history
Other (please specify)