More than one-third of small businesses in the U.S. rely on consumer loans for financing, according to a survey by the Small Business Administration (SBA) and the National Association of Home Builders (NAHB).
About one in four small businesses, however, say they do not have sufficient funds in their credit histories to cover all of the costs associated with obtaining a loan.
While small businesses may have the financial capacity to get a loan, the average loan amount is between $4,000 and $5,000, according the survey.
The average amount is $1,500 for a one-bedroom apartment, and $2,000 for a two-bedroom home.
More: What you need for a mortgage.
More information: The SBA and NAHB report the results of a survey of 8,000 business owners from April to October 2017.