Credit Access
» Credit Access, Volume 8, Issue 7, 2008
If respondent owns all or part of the building or land on which their business is located and has a mortgage on the property.
17d. Was one or more of the mortgages taken out on this property to finance other business activities?
| Response | Owns Mortgaged Business Premises | All Small, Employing Business Owners | ||
|---|---|---|---|---|
| 1 | Yes | 19 | 2 | |
| 2 | No | 80 | 97 | |
| 3 | DK/Refuse | 1 | 0 | |
| Total (%) | 100 | 99 | ||
| N | 212 | 690 | ||
Notes: Nineteen (19) percent of small employer/owner who own all or part of the building or land on which their business is located and have a mortgage on the property, took out one or more of the mortgages to finance other business activities (Q#17d). Five percent of small employer/owners took out one or more of the mortgages on their business premises to finance other business activities (Q#17d).
