Joliet

35
  • Number of Businesses: 1,937
  • Number of Small Business Advances: 397
  • Yearly Small Business Revenue: $6,204,828
  • Two-Year Survival Rate: 38%

Only minutes away from Chicago, Joliet, Illinois is popular because of the Rialto Square Theatre which has been named as one of the ten most beautiful theatres in the world. While unemployment was terrible back in the 1980s it has gotten much better nowadays with the population growing to over 145,000 people. Joliet is also a great place to start up a business because of all the over flow of tourism and citizens outpouring from Chicago. Workers in Joliet already are dependent on the manufacturing industry to keep the unemployment level down as well as the poverty. The very first Dairy Queen also opened in Joliet which goes to show you that anything is possible, and it’s a mystery as to what the next big business that will open in the city.

  • Joliet is home to 1,937 unique small businesses
  • Out of those, 397 took out small business loans
  • The yearly total small business revenue in Joliet is $6,204,828 (as of 2007)
  • Roughly 62% of Joliet small businesses will close within two years of opening

When it comes to opening a business, be sure to stay away from the banks because it will seem like they’re doing everything in their power to make sure you don’t get the business loan that you need to start up and keep a company thriving until it’s reached its peak.  You’re in luck because now there’s Credibly, and all of the resources that are at your disposal like the loan calculator that will help keep you organized with the payments that you have to make in order to keep the success of your business going.  When you request a bank loan you’ll have to wait weeks before you even get a decision from them on your potential business loan, but when you use Credibly, you’ll only have to wait 48 hours before you get a decision.

Credibly in Joliet

When you use the services of Credibly, you won’t have to leave your favorite couch in your house because everything is done right online.  You won’t have to waste a whole day driving back and forth to the bank and filling out a stack of paperwork because we know your time is valuable, and you could be using your free time more to your advantage and not answering questions that have nothing to do with acquiring your business loan.  Joliet is excited for you to open the doors of your company within the city limits, but you have to make sure you use Credibly before you do so.  Pre-qualify online today, and you won’t regret it!

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 Joliet is 35 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