Wales SME Access to Finance Report
Credit cards were the most commonly used finance form in Wales, with 31% using business credit cards and 23% using personal credit cards.
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Credit cards were the most commonly used finance form in Wales, with 31% using business credit cards and 23% using personal credit cards.
Business credit cards were the most commonly used finance form among Scottish smaller businesses at 37%, followed by business overdrafts at 30% and personal credit cards at 15%.
Credit cards remained the most commonly used finance type in Wales with a 25% usage rate, followed by Covid-19 loans (23%) and business overdrafts (16%).