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One-third of Small Businesses Start with Less Than $5,000

January 9, 2019

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About a third of small businesses get started with less than $5,000, according to recent research from financial platform Kabbage. The survey, which included responses from 600 thriving small business owners, also found that 58 percent got started with less than $25,000.

Startup Funding Statistics

In addition, 65 percent of survey respondents admitted to not being fully confident they had enough money to start their business. In fact, an overwhelming 93 percent said they calculated a potential run rate of shorter than 18 months.

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