The Quarterly SME Credit Update is a report that provides information on the access of small and medium-sized enterprises (SMEs) to finance. The report draws on various sources of information, including the BBA monthly statistics on support to small businesses, the ACCA Global Economic Conditions Survey, the ABI trade credit quarterly claims statistics, the ABFA quarterly statistics on asset-based finance, the BoE quarterly credit conditions survey, the BoE monthly agents reports, the BoE quarterly inflation report, the BCC quarterly economic survey, and the full series of UK SME Credit Updates available at http://www.accaglobal.com/af. The report is produced by the Association of Chartered Certified Accountants (ACCA), which is a global body for professional accountants. The ACCA aims to offer business-relevant, first-choice qualifications to people of application, ability, and ambition around the world who seek a rewarding career in accountancy, finance, and management. The report is intended to provide insights into the credit conditions for SMEs and to inform policymakers and other stakeholders about the state of SME finance.