Borrowing Data

Business finance statistics in Yorkshire and The Humber 2026

Last updated November 2026 · Data to 2025/26 · Yorkshire and The Humber

Business finance figures for Yorkshire and The Humber, from the British Business Bank and the Finance and Leasing Association.

45%

Businesses using external finance

45% of smaller businesses in Yorkshire and The Humber were using external finance in 2024.

Source: Nations and Regions Tracker 2025, British Business Bank, 2024

Smaller businesses (0-249 employees). UK Finance/BVA BDRC SME Finance Monitor, unweighted n=17,011 for 2024. Annual share of businesses using external finance.

1pp

Change in external finance use

The share of smaller businesses using external finance in Yorkshire and The Humber rose by 1 percentage point between 2023 and 2024.

Source: Nations and Regions Tracker 2025, British Business Bank, 2024

Change on 2023 in percentage points as printed in the source table. The source table shows '-' for London, which is not recorded.

7.7%

New finance share of GVA

New finance provided by reporting lenders was equivalent to an estimated 7.7% of gross value added in Yorkshire and The Humber in 2025.

Source: The Engine Behind Northern Growth: How responsible finance can help deliver the Government's Growth Mission, Finance and Leasing Association, 2025

FLA paper, August 2026; FLA members' lending only; an FLA estimate: ONS regional GVA exists to 2023 and the paper assumes each region grew in line with the UK average to 2025 (p.5 footnote 1)

68

Announced equity deals

68 announced equity deals were recorded for smaller businesses based in Yorkshire and The Humber in 2024.

Source: Nations and Regions Tracker 2025, British Business Bank, 2024

Beauhurst data, based on the head office of the recipient business.

£248m

Announced equity deal value

Announced equity deals for smaller businesses based in Yorkshire and The Humber were worth £248m in 2024.

Source: Nations and Regions Tracker 2025, British Business Bank, 2024

Beauhurst data.

2,500

Facilities approved to Q2 2023

Major banks approved or increased 2,500 loans and overdrafts for smaller businesses in Yorkshire and The Humber in the four quarters from Q3 2022 to Q2 2023.

Source: Nations and Regions Tracker 2023: English regions factsheets (data annex), British Business Bank, 12 months to Q2 2023

Factsheet table, period printed as 'Q3 2022-Q2 2023'. UK Finance data on the largest SME lenders; the 2023 annex marks figures as Great Britain only for the share column.

7,038

Facilities approved 2021/22

Major banks approved or increased 7,038 loans and overdrafts for smaller businesses in Yorkshire and The Humber in the 2021/22 financial year.

Source: Nations and Regions Tracker 2022, British Business Bank, 2021/22

Annex table, period printed as '2021-22 FY'. UK Finance data on the largest SME lenders.

£578m

Value approved to Q2 2023

Major banks approved or increased loans and overdrafts worth £578m for smaller businesses in Yorkshire and The Humber in the four quarters from Q3 2022 to Q2 2023.

Source: Nations and Regions Tracker 2023: English regions factsheets (data annex), British Business Bank, 12 months to Q2 2023

Factsheet table, period printed as 'Q3 2022-Q2 2023'. UK Finance data on the largest SME lenders; the 2023 annex marks figures as Great Britain only for the share column.

£1,071m

Value approved 2021/22

Major banks approved or increased loans and overdrafts worth £1,071m for smaller businesses in Yorkshire and The Humber in the 2021/22 financial year.

Source: Nations and Regions Tracker 2022, British Business Bank, 2021/22

Annex table, period printed as '2021-22 FY'. UK Finance data on the largest SME lenders.

2,700

Businesses newly supported

The national development bank newly supported an estimated 2,700 businesses in Yorkshire and The Humber in 2025/26.

Source: Impact Report 2026, British Business Bank, 2025/26

British Business Bank estimates, apportioned from UK-wide estimates using programme data on business location; rounded to the nearest hundred. Includes debt, guarantee and equity programmes.

Key points

45% of smaller businesses in Yorkshire and The Humber were using external finance in 2024. The share of smaller businesses using external finance in Yorkshire and The Humber rose by 1 percentage point between 2023 and 2024. 27% of smaller businesses in Yorkshire and The Humber were willing to use external finance to grow in 2022.

Frequently asked questions

What share of smaller businesses in Yorkshire and The Humber were using external finance in 2024?

45% of smaller businesses in Yorkshire and The Humber were using external finance in 2024.

How did the share of smaller businesses using external finance in Yorkshire and The Humber change in 2024?

The share of smaller businesses using external finance in Yorkshire and The Humber rose by 1 percentage point between 2023 and 2024.

What share of smaller businesses in Yorkshire and The Humber were willing to use external finance to grow in 2022?

27% of smaller businesses in Yorkshire and The Humber were willing to use external finance to grow in 2022.