Small and Medium Sized Enterprise Securitisation

Small and medium sized enterprises (SMEs) account for 60% of employment and 48% of output in the private sector in the UK economy.¹ Therefore, ensuring appropriate finance for SMEs means ensuring appropriate finance for much of the UK economy. If the UK has well-functioning financial markets for SMEs this will support productivity and enhance the long-term prosperity of the UK.

The BBB asked the National Institute of Economic and Social Research (NIESR) to informally consult with stakeholders in securitisation markets and to consider the viability of an SME securitisation market in the UK.

¹ Department for Business, Innovation and Skills (2014).