Market Gaps on Access to Finance - Bank of Valletta

Q7: What is the size of the last loan, of any kind, that your firm has obtained in the last two years? - Firm Lifecycle
Emerging Developmen Expansion
Start-Up Growth t Growth Growth
1M 0 (0%) 0 (0%) 8 (16%) 1 (9%)
No loan in the last 2 years 0 (0%) 2 (67%) 13 (25%) 5 (45%)
Q8: What did you use this last loan for?
Number of
Respondents
Working capital 7
Land/ buildings or Equipment/vehicles 19
R&D or intellectual property 2
Promotion 0
Staff training 0
Buying another business 2
Refurbishment 9
No loan in the last 2 years 20
Can't Say 3
Never took out a loan 35
Q9 - Do you think that access to external funding (non-bank loans) for Maltese SMEs is easy in Malta?
Relatively Relatively
Very Easy Easy
difficult Very Difficult Can't Say
Seed 0% (0) 0% (0) 0% (0) 0% (0) 0% (0)
Start-up 0% (0) 10% (1) 20% (2) 60% (5) 10% (1)
Emerging-growth 0% (0) 0% (0) 50% (2) 50% (2) 0% (0)
Domestic growth 0% (0) 10% (7) 30% (24) 20% (18) 30% (26)
Expansion-growth 0% (0) 10% (1) 30% (4) 40% (5) 30% (4)
0% (0) 10% (9) 30% (32) 30% (30) 30% (31)
Q10 - Do you see any other important funding instruments emerging in the future?
Number of
Percentage of
respondents
respondents
Private Public Partnership 21 21%
Microfinance institutions 9 9%
Crowd funding 1 1%
Co-operative Banks 3 3%
Venture Capital* 5 5%
Business Angels* 1 1%
Can't Say (Do not Suggest) 33 32%
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