Annual lending statistics

In 2016 our members continued to play a vital role in supporting thousands of small businesses and lower-income consumers who feel left behind, in 2016, the responsible finance industry helped Britain’s businesses to create and save over 20,000 jobs and enabled 37,000 ‘just about managing’ households to build financial capability and resilience.

• Total value: £242 million
• Number of loans: 47,500
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2015 proved a record year for the responsible lending market, with a 45% surge to £251million of lending to small businesses, social enterprises and local communities. This created 10,000 new businesses and 25,000 jobs, and ensured over 45,000 people had access to ethical loans as an alternative to high interest payday loans.

• Total value: £251 million
• Number of loans: 57,800
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Our members lent £173 million to 56,200 customers - reaching 11% more customers than the previous year

• Total value: £173 million
• Number of loans: 56,200
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