Fast-growing companies continue to shun bank loans, according to a study to be released this week by PricewaterhouseCoopers.

Only 26% of the companies surveyed by the firm had applied for bank loans during the first quarter, compared with 38% a year earlier. However, the rate had risen by 2 percentage points from the fourth quarter.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.