According to NAHB, home equity was used to fund the start of 284,618 businesses, or 7.3 percent of all businesses in the U.S.
Home equity served as a source of capital for more than 9 percent of accommodation and food services, retail trade businesses, and manufacturing entities.
These industries similarly experience lower rates of profitability, are often not home-based businesses, and on average assemble $50,000 to $99,999 worth of funding as start-up capital.
Only 6.9 percent of construction businesses used home equity as starting capital.
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