Credit Access
» Credit Access, Volume 8, Issue 7, 2008
If respondent owns their residence AND has a mortgage on that property.
18d. Was one or more of the mortgages taken out on this property to provide capital for your business?
| Response | Owns Mortgaged Residence | All Small, Employing Business Owners | ||
|---|---|---|---|---|
| 1 | Yes | 26 | 18 | |
| 2 | No | 74 | 82 | |
| 3 | DK/Refuse | 0 | 0 | |
| Total (%) | 100 | 100 | ||
| N | 471 | 690 | ||
Notes: Twenty-six (26) percent of small employers who own their residence and have a mortgage on that property had one or more of the mortgages taken out on this property to provide capital for their business (Q#18d). Eighteen (18) percent of small employers took out one or more mortgages on their residence to provide capital for their business (Q#18d).
