Access to sources of finance is of great importance for small and medium-sized enterprises (SMEs). Due to their size, SMEs highly depend on external financing (e.g.for example bank lending) as they have only comparatively small resources of their own. About one third of all small and medium-sized enterprises attempted to get loans or funds from other sources in the survey years of 2007 and 2010.
The results show that more than three fourths of all respondents who applied for a bank loan actually received the full amount requested. Requests to other sources of funding (e.g.for example building and loan associations) were successful in a much smaller number of cases. Generally, SMEs had more problems finding lenders in 2010 than in 2007.