iwoca SME Expert Index

Our quarterly survey with influential UK SME brokers who collectively submit thousands of small business finance applications per month.

SME Expert Index data

Colin Goldstein
Chief Commercial Officer

Our SME Expert Index provides a regular snapshot on what’s driving small business owners to borrow, according to finance industry experts. It shows trends in the types and value of finance being accessed, and how these patterns change as the country navigates economic shifts in the market.

SME Expert Index
Q2 2025 headline statistics

70%

of SME finance experts say the Labour Government has negatively impacted small businesses

52%

say rising running costs remain small business owners' biggest concern

78%

predict inflation will be 3% or higher by year-end, missing the Bank of England's 2% target

11%

of brokers are confident that Government plans for small business finance will improve conditions for SMEs

See full data trends

The survey is a great opportunity for brokers and lenders to gain insight into their current markets. It helps them to shape their products and better understand the market’s current needs and continue to service the growing SME funding space