Belgium: relevance of debt financing for SMEs 2014-2020

This statistic shows the relevance of debt financing for SMEs in Belgium from 2014 to 2020. In 2020, approximately 83 percent of the Belgian respondents answered they either used debt financing in the past or considered using it in the future. Another method of corporate financing is factoring. In 2016, the total market volume of online alternative finance platforms in Belgium reached a value of approximately 51.5 million euros.

Relevance of debt financing for SMEs in Belgium from 2014 to 2020

Characteristic	Share of respondents
2020	83%
2019	83%
2018	83%
2017	81%
2016	81%
2015	84%
2014	82%

Loading statistic...

Download

Source

Show detailed source information?

Already a member?

Source

Use Ask Statista Research Service

Release date

December 2020

More information

Region

Belgium

Survey time period

16 September, 2020 to 25 October, 2020

Number of respondents

502 respondents

Age group

18 years and older

Special properties

SMEs; The figures have been taken from several publications.

Method of interview

Telephone interview

Supplementary notes

This question was phrased by the source as follows: "Are the following sources of financing relevant to your enterprise, that is, have you used them in the past or considered using them in the future?"

The source defines debt financing as "credit line, bank overdraft or credit cards overdraft + leasing or hire-purchase + factoring + trade credit + bank loan + other loan + grants or subsidized bank loan + debt securities issued"

Citation formats