2019 Small Business Credit Survey of the Federal Reserve Banks: Questionnaire
Summary
The 2019 Small Business Credit Survey of the Federal Reserve Banks is a voluntary questionnaire for an owner or key financial decision maker, expected to take about 10 minutes. It says the Banks will not disclose individual or identifiable responses except to trusted service providers or if required by law, and may make anonymized data publicly available. Sections ask about demographics, business performance in 2018, financial challenges, sources of funds such as banks, CDFIs and nonbank online lenders, debt outstanding and financing applications over the past 12 months. Later questions cover the primary owner's health insurance, losses from natural disasters and plans for the future size of the business.
Summary drafted by a model from the document's text below and checked by script against that text before publication. It is a navigation aid, not a reading of what the document proves. Where AI is used
Cite this document
“2019 Small Business Credit Survey of the Federal Reserve Banks: Questionnaire.”
Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/smbliq-b-033-2019-sbcs-questionnaire-c0ab077e69/
, SHA-256 9758bf514b0a32cf81bb5e7c4f4a54bacc5f0f705af82c4d3b01a0919e75f021.Full text
2019 Small Business Credit Survey of the Federal Reserve Banks
INTRODUCTION
Thank you for participating in the 2019 Small Business Credit Survey.
This voluntary survey is sponsored solely by the Federal Reserve Banks. The questions are best
answered by an owner or key financial decision maker and will take about 10 minutes.
Survey responses will be aggregated for research and analysis. The Federal Reserve Banks will not
disclose individual or identifiable survey responses except to trusted service providers to prepare data
for analysis under strict confidentiality guidelines or if required by law or legal process. The Federal
Reserve Banks may make anonymized data publicly available.
By taking this survey, you agree to these uses.
DEMOGRAPHICS
First, we have some general questions about your business.
1. Are you an owner or co-owner of the business?
o Yes
o No
2. Is your business currently operating?
o Yes
o No, business is not yet started
o No, business is temporarily closed
o No, business has permanently closed or been sold/ transferred
2019 Small Business Credit Survey of the Federal Reserve Banks
If Is your business currently operating = No, business is temporarily closed:
3. Why is your business temporarily closed? Select all that apply.
o Business is seasonal
o Lack of demand
o Cannot secure financing to fulfill contract(s)
o Owner tending to other matters (e.g. family, medical reasons)
o Business is moving, being renovated, etc.
o Extreme weather event or natural disaster
o Other. Please specify:
If Is your business currently operating = No, business is temporarily closed:
4. How long has your business been temporarily closed?
o 12 months or less
o More than 12 months
5. In what year was your business established? (YYYY)
6. Which state or territory is your headquarters located in?
> Dropdown list of all states
7. ZIP code?
8. Which industry is your business in?
o Manufacturing
o Finance or insurance
o Wholesale trade
o All other industries
o Unsure
2019 Small Business Credit Survey of the Federal Reserve Banks
9. Please describe what your business generally does.
As you type, a list will appear. Select your business' industry or write in your own description.
Note: this screen may take a few seconds to load. If you encounter a connection error message,
click 'retry'.
If which industry is your business in? = Finance or insurance:
10. Is your business a lender? E.g. equity investment firm, financial institution, etc.
o Yes
o No
Next, we have a few questions about the approximate size of your business.
11. Does your business currently have any paid employees, excluding owner(s) and contract
workers?
o Yes
o No
o Unsure. Please explain:
If Does your business currently have any paid employees, excluding owner(s) and contract workers? =
No:
12. Why have you chosen not to hire payroll employees? Select all that apply.
o Business needs no additional workers
o Prefer contractors/ outsourcing for flexibility or cost savings
o Can’t find qualified workers
o Salary/ benefits too expensive
o Other. Please specify:___________
If Does your business currently have any paid employees, excluding owner(s) and contract workers? =
Yes OR Unsure:
13. How many employees does your business have, excluding owners?
Number (If none, enter 0)
Full-time employees (30+ hours/ week)
Part-time employees (less than 30 hours/
week)
2019 Small Business Credit Survey of the Federal Reserve Banks
14. Does your business use any contract workers1?
o Yes
o No
o Unsure
1A contract worker is a non-permanent employee who performs specific services for a set rate or pay. The business does not
withhold employment taxes on payments to a contract worker.
15. How many owners does your business have? Only include those individuals who own a
share of the business and/or profits.
o1
o2
o3
o4
o 5 or more
2019 Small Business Credit Survey of the Federal Reserve Banks
PERFORMANCE
We now have a few questions about your business’ performance and challenges.
16. Roughly, what were your business’ total revenues in 2018?
o $25,000 or less
o $25,001 - $50,000
o $50,001 - $100,000
o $100,001 - $500,000
o $500,001 - $1,000,000
o $1,000,001 - $5,000,000
o $5,000,001 - $10,000,000
o More than $10,000,000
o Unsure or decline to answer
17. At the end of 2018, was your business operating at a profit,1 break-even, or loss?
o At a profit
o At break-even
o At a loss
o Unsure or decline to answer
1 Profit is the financial benefit when the amount of revenue gained from business activity is greater than business expenses
and costs.
18. How did the following change over the past 12 months?
Decreased No change Increased
Revenue
o o o
Number of employees
o o o
2019 Small Business Credit Survey of the Federal Reserve Banks
19. How did the following change over the past 12 months?
Decreased a Decreased No Change Increased Increased Not
lot (4% or a little (less a little (less a lot (4% applicable
greater than 4%) than 4%) or greater)
Prices the
business pays for
o o o o o o
products/services
Prices the
business charges
o o o o o o
Price of labor/
wages
o o o o o o
Profit margins
o o o o o o
20. How does your business expect the following to change over the next 12 months?
Decrease No change Increase
Revenue
o o o
Number of employees
o o o
21. Has your business experienced any financial challenges during the past 12 months? Select all
that apply.
o Making payments on debt
o Paying operating expenses (including wages)
o Purchasing inventory or supplies to fulfill contracts
o Credit availability
o Other financial challenge. Please specify:
o Did not experience any financial challenges
2019 Small Business Credit Survey of the Federal Reserve Banks
22. What actions would your business take if it experienced an unexpected financial loss equal to 2
months of revenues? Select all that apply.
o Downsize operations (reduce hours, services, or production)
o Lay off employees
o Use owner’s personal funds
o Take out debt
o Defer expenses/ payments
o Reduce salaries of owner or employees
o Close or sell the business
o Other action. Please specify: _________
o No significant action, use cash reserves to continue normal operations
2019 Small Business Credit Survey of the Federal Reserve Banks
FINANCING: GENERAL
We have a few questions about how your business is financed.
23. From which of the following sources, if any, has your business obtained funds during the last
five years? Select all that apply.
o Bank
o Credit union
o CDFI
o Personal savings, friends, or family
o Nonbank online lender (e.g. OnDeck, Kabbage, LendingTree, BlueVine, OnePark Financial, Paypal
Working Capital, etc.)
o Nonprofit/ community-based funding source
o Nonbank finance company (e.g. mortgage company, auto/equipment dealer, insurance)
oAlternative financial source (e.g. payday lender, check cashing, pawn shop, money order/
transmission service, etc.)
o Other. Please specify:
o None
24. How does your business PRIMARILY fund its operations?
o Retained business earnings
o Personal funds of owner(s)
o External financing
o Unsure
2019 Small Business Credit Survey of the Federal Reserve Banks
25. Which of the following forms of financing, if any, does your business regularly use or carry
an outstanding balance on? Select all that apply.
o Loan or line of credit
o Merchant cash advance
o Credit card
o Trade credit
o Equity investment
o Factoring (sale of accounts receivable)
o Home equity line of credit
o Leasing
o Other. Please specify:
o Unsure
o Business does not use external financing
If Which of the following forms of financing, if any, does your business regularly use or carry
an outstanding balance on? = Credit card:
26. Which type of credit card is used to fund your business?
o Personal card ONLY
o Business card ONLY
o BOTH personal and business cards
27. Does your business have any debt1 outstanding?
o Yes
o No
o Unsure
1Debt is funds borrowed from external parties, including formal borrowing from financial institutions and loans from family
and friends. Examples include, but are not limited to, loans, trade credit, leases, cash advances, and credit cards.
2019 Small Business Credit Survey of the Federal Reserve Banks
If does your business have any debt outstanding? = Yes:
28. How much total debt outstanding does your business have?
o $25,000 or less
o $25,001 - $50,000
o $50,001 - $100,000
o $100,001 - $250,000
o $250,001 - $1,000,000
o More than $1,000,000
o Unsure
If does your business have any debt outstanding? = Yes:
29. Were any of the following used as a guarantee or as collateral to secure this debt? Select all that
apply.
o Personal assets
o Personal guarantee
o Business assets
o Portions of future sales 2
o Other. Please specify:
o Unsure
o None
2Including percentage of future credit card receivables for payment of merchant cash advances
30. Did your business APPLY for any financing in the past 12 months?
Borrowing, leasing, or requesting equity investments - excluding financing provided by owner(s)
of business
o Yes, completed at least one application
o Started credit search or application process but didn't complete
o Did not apply
o Unsure
2019 Small Business Credit Survey of the Federal Reserve Banks
If Did your business APPLY for any financing in the past 12 months? = Started credit search or
application process but didn’t compete OR Did not apply:
31. What was the PRIMARY reason your business DID NOT apply for financing?
o Not needed; had sufficient funding
o Did not think application would be approved
o Did not want to accrue debt
o Credit cost was too high
o Application process was too difficult or confusing
o Other. Please specify:
If the What was the PRIMARY reason your business DID NOT apply for financing? = Did not
think application would be approved:
32. What were the likely reasons your business would not be approved? Select all that apply.
o Low credit score
o Too new/ insufficient credit history
o Insufficient collateral
o Too much debt already
o Weak business performance
o Other. Please specify:
o Unsure
2019 Small Business Credit Survey of the Federal Reserve Banks
APPLICANT BRANCH: INITIAL
If Did your business APPLY for financing in the past 12 months? = Yes, completed at least one
application:
33. For what purpose(s) was your business seeking financing? Select all that apply.
o Meet operating expenses
o Expand business, pursue new opportunity, or acquire business assets
o Replace capital assets or make repairs
o Refinance or pay down debt
o Other. Please specify:
34. How much TOTAL financing was your business SEEKING in the last 12 months?
o $25,000 or less
o$25,001 - $50,000
o$50,001 - $100,000
o $100,001 - $250,000
o $250,001 - $1,000,000
o More than $1,000,000
o Unsure
35. How much of the TOTAL financing dollars that your business sought in the last 12 months did
you obtain?
o All (100%)
o Most (51%-99%)
o Some (1%-50%)
o None (0%)
o Unsure
2019 Small Business Credit Survey of the Federal Reserve Banks
If How much of the TOTAL financing dollars that your business sought in the last 12 months did you
obtain?=Most OR Some OR None:
36. Why did your business not obtain all of the financing sought? Select all that apply.
o At least some of the financing was not approved
o Application(s) pending
o Business did not accept some or all of the approved financing
o Other reason. Please specify:
If Why did your business not obtain all of the financing sought?=Business did not accept some or all of the
approved financing:
37. Why did your business not accept some or all of the approved financing? Select all that apply.
o Funding needs changed
o Cost/ interest rate was too high
o Unfavorable repayment terms
o Unfavorable collateral requirements
o Funding took too long to be approved
o Amount offered was too small
o Other. Please specify: ________
If Why did your business not obtain all of the financing sought? = At least some of the financing was not
approved:
38. What were the likely reasons your business was not approved for the full amount of financing it
sought? Select all that apply.
o Low credit score
o Too new/ insufficient credit history
o Insufficient collateral
o Too much debt already
o Weak business performance
o Other. Please specify:
o Unsure
2019 Small Business Credit Survey of the Federal Reserve Banks
39. In the past 12 months, what types of financing did your business apply for? Select all that apply.
o Loan or line of credit
o Merchant cash advance
o Credit card
o Trade credit
o Home equity line of credit
o Equity investment
o Factoring (sale of accounts receivable)
o Leasing
o Other. Please specify:
o Unsure
If in the past 12 months, what types of financing did your business apply for? = Credit card
40. Which type of credit card did your business apply for?
o Personal card ONLY
o Business card ONLY
o BOTH personal and business cards
2019 Small Business Credit Survey of the Federal Reserve Banks
RECENT CREDIT APPLICATIONS
If In the past 12 months, what types of financing did your business apply for? = Loan or line of credit
OR Merchant cash advance OR Home equity line of credit:
41. In the past 12 months, how many total loan, line of credit, and/ or cash advance applications
did you submit?
Now, we’d like to ask about your business’ loan, line of credit, and/or cash advance applications
submitted in the past 12 months.
42. Beginning with your most recent application, tell us about each loan, line of credit (LOC), and/
or cash advance your business applied for in the past 12 months.
Note: 'Online lender' refers to lending institutions that operate solely through a website or app.
Product: Source: Share approved:
SBA loan/LOC Large bank All (100%)
Business loan Small bank Most (51%-99%)
Business LOC Credit union Some (1%-50%)
Personal loan Nonbank online lender None
Mortgage CDFI Pending
Auto/equipment loan Finance company Unsure
Merchant cash advance Other source
Home equity LOC
Other product
Most recent
2nd most recent
3rd most recent
Beginning with your most recent application…? Share approved = All (100%) OR Most (51%-99%) OR Some
(1%-50%)
43. For the application(s) listed, did your business ultimately take the approved funds?
Accepted funds?
Yes
No
Unsure
Most recent application: The {PRODUCT1} from the
{SOURCE1} with {SHAPPR1} approved
2nd most recent: The {PRODUCT2} from the
{SOURCE2} with {SHAPPR2} approved
3rd most recent: The {PRODUCT3} from the
{SOURCE3} with {SHAPPR3} approved
2019 Small Business Credit Survey of the Federal Reserve Banks
All of the questions on this page pertain to your {most recent application | second most
recent application}, the {PRODUCT 1|2 from the SOURCE 1|2}.
Beginning with your most recent application…? Source = Other
44. Please specify the type of lender for your {most recent application | second most recent application},
for the {PRODUCT 1|2}:______________
Beginning with your most recent application…? Product = Other
45. Please specify the other product of your {most recent application | second most recent application},
from the {SOURCE 1|2}:______________
If {SOURCE 1|2} = Nonbank online lender:
46. From which type of nonbank online lender did you obtain the {PRODUCT 1|2}?
o Retail/payments processor (e.g. Paypal Working Capital, Square Capital, Amazon Capital Services)
o Peer-to-peer lender (e.g. Lending Club, Prosper, Funding Circle)
o Merchant cash advance lender (e.g. RapidAdvance, CAN Capital, Credibly)
o Direct lender (e.g. OnDeck, Kabbage, Fundation, Blue Vine)
o Other. Please specify lender:
47. How much financing did your business apply for in your {most recent application | second most
recent application} (the {PRODUCT 1|2 from the SOURCE 1|2})?
o $25,000 or less
o $25,001 - $50,000
o $50,001 - $100,000
o $100,001 - $250,000
o $250,001 - $1,000,000
o More than $1,000,000
o Unsure
2019 Small Business Credit Survey of the Federal Reserve Banks
48. Why did your business pursue this financing option (the {PRODUCT 1|2 from the SOURCE 1|2})?
Select all that apply.
o Speed of decision or funding
o No collateral was required
o Chance of being funded
o Cost or interest rate
o Flexibility of product
o Recommendation or referral
o Existing relationship with lender
o Denied by other lender(s)
o Other. Please specify:
49. Did your business experience any challenges in applying for the {PRODUCT 1|2}? Select all
that apply.
o High interest rate
o Unfavorable repayment terms
o Long wait for credit decision or funding
o Difficult application process
o Lack of transparency
o Other challenges. Please specify:
o Experienced no challenges
50. Overall, was your business satisfied or dissatisfied with the {SOURCE 1|2} where you applied for the
{PRODUCT 1|2}?
o Satisfied
o Neutral
o Dissatisfied
2019 Small Business Credit Survey of the Federal Reserve Banks
EXISTING DEBT
If Which of the following forms of financing, if any, does your business regularly use or carry an
outstanding balance on? = Loan or line of credit OR Merchant cash advance OR Home equity line of credit;
AND
If In the past 12 months, what types of financing did your business apply for? ≠ (Loan or line of credit OR
Merchant cash advance OR Home equity line of credit):
We have a few questions about the loan, line of credit, and/ or cash advance product(s) your business
currently holds or has recently used.
51. How many loans, lines of credit, and/or cash advance products does your business currently
hold?_________
52. Beginning with the one you most recently obtained, tell us about each loan, line of credit (LOC), and/or
cash advance product your business currently holds or has recently used. If your business holds more
than three, tell us about the three most recent.
Note: 'Online lender' refers to lending institutions that operate solely through a website or app.
Product: Source:
SBA loan/LOC Large bank
Business loan Small bank
Business LOC Credit union
Personal loan Nonbank online lender
Mortgage CDFI
Auto/equipment loan Finance company
Merchant cash advance Other source
Home equity LOC
Other product
Most recent
2nd most recent
3rd most recent
All of the questions on this page pertain to your {most recently | 2nd most recently} obtained credit product, the
{PRODUCT 1|2} from the {SOURCE 1|2}
Beginning with the one you most recent obtained…? Source = Other
53. Please specify the type of lender of your {most recently obtained | second most recently obtained}, credit
product, the {PRODUCT 1|2}:______________
Beginning with the one you most recent obtained…? Product = Other
54. Please specify the other product you obtained in your {most recent application | second most recent
application}, from the {SOURCE 1|2}:______________
2019 Small Business Credit Survey of the Federal Reserve Banks
If {SOURCE 1|2} = Nonbank online lender:
55. From which type of nonbank online lender did you obtain the {PRODUCT 1|2}?
o Retail/payments processor (e.g. Paypal Working Capital, Square Capital, Amazon Capital Services)
o Peer-to-peer lender (e.g. Lending Club, Prosper, Funding Circle)
o Merchant cash advance lender (e.g. RapidAdvance, CAN Capital, Credibly)
o Direct lender (e.g. OnDeck, Kabbage, Fundation, Blue Vine)
o Other. Please specify lender:
56. How much financing did your business obtain from the {SOURCE 1|2} for the {PRODUCT 1|2}?
o $25,000 or less
o $25,001 - $50,000
o $50,001 - $100,000
o $100,001 - $250,000
o $250,001 - $1,000,000
o More than $1,000,000
o Unsure
57. Why did your business pursue this financing option (the {PRODUCT 1|2 from the SOURCE 1|2})?
Select all that apply.
o Speed of decision or funding
o No collateral was required
o Chance of being funded
o Cost or interest rate
o Flexibility of product
o Recommendation or referral
o Existing relationship with lender
o Denied by other lender(s)
o Other. Please specify:
2019 Small Business Credit Survey of the Federal Reserve Banks
58. Did your business experience any challenges in obtaining the {PRODUCT 1|2}? Select all that
apply.
o High interest rate
o Unfavorable repayment terms
o Long wait for credit decision or funding
o Difficult application process
o Lack of transparency
o Other challenge. Please specify:
o Experienced no challenges
59. Overall, was your business satisfied or dissatisfied with the {SOURCE 1|2} where you obtained the
{PRODUCT 1|2}?
o Satisfied
o Neutral
o Dissatisfied
2019 Small Business Credit Survey of the Federal Reserve Banks
FINAL DEMOGRAPHICS
Last, we have a few general questions about your business and the characteristics of the owner(s).
If How many owners does your business have? =1, 2, 3, 4, 5 or more:
60. You previously indicated that your business has [NUMBER OF OWNERS from Q15]. What is the race and
ethnicity of the owner(s)? Please complete the entire table.
Ownership Ethnicity Race
share of
business
Enter a Hispanic Not White Black or Asian or American Middle Other
percentage or Latino Hispanic African Pacific Indian or Eastern or race
(0-100): or Latino American Islander Alaskan North
Native African
Owner
#1
Owner
#2
Owner
#3
Owner
#4
If there are more than four owners, tell us about the four persons with the greatest ownership share.
If Race = Other race
61. Please specify the ‘Other race’ of the owner(s).
Other race. Please specify:
Owner #1 – {OWNSHARE1}% Share
Owner #2 – {OWNSHARE2}% Share
Owner #3 – {OWNSHARE3}% Share
Owner #4 – {OWNSHARE4}% Share
If Race = American Indian or Alaskan Native:
62. Is your business headquartered in a Native American reservation?
o Yes. Please specify the reservation:
o No
2019 Small Business Credit Survey of the Federal Reserve Banks
63. What portion of your business is owned by:
Less than half (1%- More than half All (100%)
None (0%) Half (50%)
49%) (51+%)
o o o o o
Someone not born
a U.S. citizen?
o o o o o
A woman/
women?
A veteran/
veterans? o o o o o
64. Is your business a:
Yes No Unsure
o o o
Certified minority-
owned business?
o o o
Certified woman-
owned business?
o o o
Certified veteran-
owned business?
Certified LGBT-
owned business? o o o
65. Does your business rely on a business credit score or does it use an owner's personal credit score?
o Business score
o Owner's personal score
o Both business score AND personal score
o Unsure or neither
If Does your business rely on a business credit score or does it use an owner’s personal credit score? =
Business score OR Both business score AND personal score:
66. What would you say is your firm's business credit score?
o 80-100
o 50-79
o 0-49
o Unsure
2019 Small Business Credit Survey of the Federal Reserve Banks
If Does your business rely on a business credit score or does it use an owner’s personal credit score? =
Owner’s personal score OR Both business score AND personal score:
67. What would you say is the primary owner's personal credit score?
o Above 760
o 720-760
o 680-719
o 620-679
o Below 620
o Unsure
68. What is the highest degree or level of school completed by the primary owner of the business?
o High school diploma, GED, or less
o Technical, trade, or vocational school
o Associate degree or some college
o Bachelor's degree
o Master's, professional or doctoral degree
If Does your business currently have any paid employees, excluding owner(s) and contract workers? = No OR
Unsure:
69. What is the primary owner’s annual household income?
o $50,000 or less
o $50,001 - $100,000
o $100,001 - $150,000
o $150,001 - $200,000
o $200,001 - $250,000
o More than $250,000
o Unsure
2019 Small Business Credit Survey of the Federal Reserve Banks
70. What portion of the primary owner’s household income is derived from this business?
o All (100%)
o Most (51%-99%)
o Some (1%-50%)
o None or put funds into the business
o Unsure
71. Which of these BEST describes the physical space in which your business headquarters operates?
o A residence (home, apartment, etc.)
o Facility rented by the business
o Facility owned by the business
o Rent-free space provided by the owner, a nonprofit, or other firm
o A mobile location (vehicle-based or on-location services)
o A virtual location (online, cloud-based)
o Other. Please specify: ________
If Which of these BEST describes the physical space in which your business headquarters operates? = Facility
rented by the business:
72. How did the rent on your business’s headquarters or facilities change over the last 12 months?
o Decreased a lot (4% or more)
o Decreased a little (less than 4%)
o No change
o Increased a little (less than 4%)
o Increased a lot (4% or more)
2019 Small Business Credit Survey of the Federal Reserve Banks
73. How did times has your business moved its headquarters in the last 5 years?
o Did not relocate
o Once
o Twice
o More than two times
If How did times has your business moved its headquarters in the last 5 years?= Once OR Twice OR More
than two times:
74. Why did your business relocate? Select all that apply.
o Location (near customers, workers, suppliers)
o Lower cost/ rent
o Larger space/ more suitable space (e.g. location with parking)
o Lost lease on space/ problems renegotiating lease
o Purchased a building to move out of a rental
o Owner’s personal/family reasons
o Other reason. Please specify: _________
75. In what year was the primary owner of the business born? (YYYY) If unsure, enter 0. _______
If Does your business have any paid employees? = No
AND
In what year was your business established? (YYYY) >= 2013:
76. Did the primary owner start or acquire this business because he or she lacked other employment
options?
o Yes
o No
o Unsure
2019 Small Business Credit Survey of the Federal Reserve Banks
If Does your business have any paid employees? = No OR Unsure
OR
How many employees does your business have, excluding owners? = Sum(full-time employees,
part-time employees) < 5
OR
In what year was your business established? (YYYY) >= 2013:
77. Is your business legally incorporated1?
o Yes
o No
o Unsure
1Legally incorporated refers to businesses that are legal entities separate from the owner(s).
If Does your business have any paid employees? = No OR Unsure
OR
How many employees does your business have, excluding owners? = Sum(full-time employees,
part-time employees) < 5:
78. How many hours per week, on average, does the primary owner work for this business? Enter the
number below. _______
If Does your business have any paid employees? = No OR Unsure
OR
How many employees does your business have, excluding owners? = Sum(full-time employees,
part-time employees) < 5:
79. Outside of work for this business, how many hours per week, on average, does the primary owner spend
doing other paid work? Enter the number below._______
2019 Small Business Credit Survey of the Federal Reserve Banks
SPECIAL TOPIC: NONEMPLOYER QUESTIONS
If Does your business currently have any paid employees, excluding owner(s) and contract workers? =
No OR Unsure:
80. Are the majority of your customers found or sales made through an app or online marketplace
(e.g. Uber, Thumbtack, Taskrabbit, Upwork, Ebay, Etsy)?
o Yes
o No
If Does your business currently have any paid employees, excluding owner(s) and contract workers? =
No OR Unsure:
81. Does this business work as an independent contractor for other businesses or agencies?
o Yes
o No
If Does your business currently have any paid employees, excluding owner(s) and contract workers? =
No OR Unsure:
82. Does the primary owner have health insurance?
o Yes
o No
o Unsure
2019 Small Business Credit Survey of the Federal Reserve Banks
If Does the primary owner have health insurance? = Yes:
83. What is the source of the primary owner’s health insurance? Select all that apply.
o VA Benefits or Tricare
o Medicare or Medicaid
o Spouse's or parent's health insurance plan
o Current employer
o Prior employer pension or retirement/ severance package
o Pay for my own insurance (including ACA ) 1
o State-run health insurance system (e.g. MassHealth)
o Labor union
o Other. Please specify:
o Unsure
1Affordable Care Act, administered through Healthcare.gov.
If Do you currently have health insurance? = No:
84. Why does the primary owner currently lack health insurance coverage? Select all that apply.
o Healthy/ not currently needed
o Too expensive
o No option of employer/ union plan
o Process of obtaining is confusing/ difficult
o Application was denied
o Application is pending
o No options in ACA marketplace in my area
1
o Other. Please explain:
o Unsure
1Affordable Care Act, administered through Healthcare.gov.
2019 Small Business Credit Survey of the Federal Reserve Banks
FINAL QUESTIONS
85. Which of the following statements best describes your preference for the future size of this
business?
o Much larger
o Somewhat larger
o Same size
o Smaller
o Plan to sell/ close
o Unsure. Please explain:_______
86. Within the past 12 months, did your business sustain direct or indirect losses from a natural
disaster (hurricane, tropical storm, flooding, forest fire, etc.)?
o Yes
o No
87. Do you have any comments about the availability of business financing or general
business conditions? ________________________________________________
88. Business name: _________________
89. Email Address (used only for survey-related purposes). You will receive a copy of the final
report once it is released. _______________
2019 Small Business Credit Survey of the Federal Reserve Banks
File and source
- File
- SMBLIQ-B-033_2019-sbcs-questionnaire.pdf
- Size
- 827,308 bytes
- SHA-256
- 9758bf514b0a32cf81bb5e7c4f4a54bacc5f0f705af82c4d3b01a0919e75f021
- Original
- No public link identified.