By Peter Brierley and Mike Young of the Bank's Financial Stability Area.
This article summarises the results of a survey on the financing of smaller quoted companies (SQCs) conducted in February and March 2004 and builds on earlier work by the Bank and other organisations. It explores SQCs' recent and possible future use of external finance, their views on the availability of debt and equity finance and their views on possible constraints on such finance that are thought to be particularly relevant to SQCs. The results suggest that most SQCs are not currently experiencing any major difficulties in accessing either debt or equity finance.
The financing of smaller quoted companies: a survey