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Financed Ventures: Funding Sources by Industry (2020–2022)



By: Jack Nicholaisen author image
Business Initiative

💰 Follow the Money: Where Business Financing Flows

Securing funding is often the make-or-break moment for new businesses. Our analysis of the U.S. Census Bureau’s Annual Business Survey reveals which industries are successfully attracting capital and how different sectors approach financing their growth across 3 years of data.

🏆 Top Industries for Business Financing

Capital Leader: Professional Services leads with 110,541,369 financed firms showing 24.5% growth, proving this sector’s ability to attract and utilize capital effectively.

Total Impact: 601,796,862 firms across top industries successfully secured financing, generating $0 in total revenue with 27.5% average growth rate.

Year-over-Year Growth: Track how financing patterns have evolved across 2020–2022, showing which industries are gaining momentum and which are stabilizing.

🥧 Financing Methods by Sector

Funding Landscape: The pie chart shows how different industry sectors compare in terms of capital deployment and business formation.

📊 Revenue Performance of Financed Firms

Performance Metrics: Financed firms show strong revenue generation across industries, with some sectors significantly outperforming others in per-firm revenue.

📋 Detailed Industry Financing Data

Industry Financed Firms Growth Rate Total Revenue Avg Revenue/Firm
Professional Services 110,541,369 24.5% $0 $0
Construction 87,722,279 27.7% $0 $0
Health Care 79,861,468 29.2% $0 $0
Retail Trade 72,412,420 29.5% $0 $0
Accommodation & Food 57,100,817 28.7% $0 $0
Other Services 45,892,038 28.5% $0 $0
Administrative & Support 42,060,799 27.2% $0 $0
Real Estate 41,023,764 26.9% $0 $0
Wholesale Trade 34,769,932 26.5% $0 $0
Finance & Insurance 30,411,976 26.9% $0 $0

Data shows financed firms, growth rates, and revenue performance across top industries for 2022

💡 Financing Insights by Industry

Capital-Intensive Leaders

  • Professional Services: 110,541,369 firms with 24.5% growth
  • Technology Sectors: High venture capital and growth equity interest
  • Healthcare: Strong investor confidence in medical innovation
  • Real Estate: Significant debt financing and investment activity
  • Professional Services: Mixed funding sources from loans to private equity

Funding Source Patterns

  1. Traditional Loans: Banks and credit unions remain primary sources
  2. Venture Capital: Tech and healthcare attract VC investment
  3. Private Equity: Established businesses in various sectors
  4. Government Programs: SBA loans and sector-specific incentives
  5. Angel Investors: Early-stage funding for innovative startups
  6. Crowdfunding: Consumer-facing products and services
  7. Revenue-Based Financing: Growing alternative for recurring revenue businesses

🎯 Financing Strategy by Business Type

Startup Funding Approach

  1. Bootstrap First: Use personal savings and early revenue
  2. Friends & Family: Initial seed funding from personal network
  3. Angel Investors: Professional early-stage investors
  4. Venture Capital: For high-growth potential businesses
  5. Government Grants: Industry-specific programs and incentives

Established Business Financing

  1. Bank Loans: Traditional debt financing for expansion
  2. SBA Loans: Government-backed lending programs
  3. Equipment Financing: Asset-based lending for growth
  4. Private Equity: Partnership for scaling operations
  5. Revenue-Based: Alternative to traditional equity/debt

Technology & Information

  • High venture capital activity
  • Angel investor networks
  • Government innovation grants
  • Revenue-based financing growth

Healthcare & Life Sciences

  • Venture capital for innovation
  • Government research funding
  • Private equity for established practices
  • Equipment financing for medical devices

Real Estate & Construction

  • Traditional bank lending
  • Hard money loans
  • Real estate investment trusts (REITs)
  • Construction-to-permanent loans

Professional Services

  • SBA loans for service businesses
  • Revenue-based financing
  • Partner buy-ins and expansions
  • Equipment and technology financing

🚀 Secure Your Business Funding

Understanding financing patterns in your industry is crucial for developing a successful capital strategy. The data shows that 601,796,862 firms across top industries have successfully secured funding—you can too.

Ready to Fund Your Dreams?

Key Takeaways

  1. Professional Services leads financing with 110,541,369 funded firms
  2. 27.5% average growth rate among financed businesses
  3. $0 total revenue generated by top financed firms
  4. Diverse funding sources available across all major industries
  5. Business Firm Analysis shows strong investor confidence

Bottom Line: Capital is available across all major industries, but success requires understanding your sector’s financing landscape, preparing compelling business cases, and choosing the right funding sources for your growth stage.


Source: U.S. Census Bureau Annual Business Survey (ABS) - Characteristics of Businesses 2020–2022
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About the Author

jack nicholaisen
Jack Nicholaisen

Jack Nicholaisen is the founder of Businessinitiative.org. After acheiving the rank of Eagle Scout and studying Civil Engineering at Milwaukee School of Engineering (MSOE), he has spent the last 4 years disecting the mess of informaiton online about LLCs in order to help aspiring entrepreneurs and established business owners better understand everything there is to know about starting, running, and growing Limited Liability Companies and other business entities.