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2.1 Respondent demographics
A total of 64 firms with operations in the four target markets responded to the survey. Overall, these firms operate in 31 countries altogether.
Over 80% of the firms surveyed self-identified as either small businesses, traders, or producers, and less than 20% self-identified as corporates or financial institutions.
The majority (60%) reported annual revenues between $0-$10 million, while 14% reported an annual revenue of $50 million or more.
Survey respondents by firm type Survey respondents by revenue
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Respondents by location
Respondents by location (Europe)
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Nearly three quarters of all respondents use third-party financing of some sort: 26% use both debt and equity financing, 45% use only debt financing, and 3% use only equity financing.
Of the financing products used by respondents, trade finance is the most popular: 55% use trade finance, 43% use invoice finance, 29% use supply chain finance, and 27% use term finance and asset finance respectively.
Third party financing used by firms
Financing products used by firms
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