Akron

50
  • Number of Businesses: 3,722
  • Number of Small Business Advances: 720
  • Yearly Small Business Revenue: $9,738,549
  • Two-Year Survival Rate: 48%

Located on the east side of Ohio near Cleveland is the city of Akron. Akron is known as the city of inventions so, there’s no better place than to invent a business based on the genius idea of yours. Although the population has decreased by over 100,000 people over the past 30 years, you can be the reason that people want to move to Akron after you take out a loan to get your company started.

  • Akron is home to 3,722 unique small businesses
  • Out of those, 720 took out small business loans
  • The yearly total small business revenue in Akron is $9,738,549 (as of 2007)
  • Roughly 52% of Akron small businesses will close within two years of opening

We already know you’re thinking that the banks are going to let you down, but that’s why there’s Credibly.  Do you want to take out a loan, but don’t want to go through all the tiresome paperwork and giving up a large piece of collateral? If you do, than Credibly is the place for you because we’re on your team when it comes to lending you the money that you desire.  Pre-qualifying online is as easy as can be because it can all be completed in just a few minutes, answering minimal questions.

Credibly in Akron

There’s no reason to worry any longer about gaining the capital you need to become a successful business owner.  You have all the resources that you need, and if you want to find anything else out about Credibly just browse around our helpful website, and we promise you’ll be pleased. You won’t regret the decision to use Credibly.  Make all the citizens of Akron proud to be from there after you create your empire.  All your friends and family know you have the right idea for a business so just put it into action.  Pre-qualify for business financing as soon as you can.

The Credibly Business Index

The Credibly Business Index is a scoring system that ranks how sustainable a region is for small businesses. We consider several factors, such as number of businesses in the city, overall business revenue, and two-year business survival rates as reported by the U.S. Small Business Administration.

The Credibly Business Index score given to Akron is 50 out of a possible 100. This score is generated from data derived from the U.S. Small Business Administration and the United States Census Bureau as of July, 2015, and is subject to change. This Business Loan and Revenue Index is intended for informational purposes only, and may not be applicable to, or predictive of, your particular circumstances.

SOURCES:
U.S. Small Business Administration 2013 Small Business Profiles for States and Territories
United States Census Bureau 2007 Economic Census of the United States