Well known for its German restaurants and breweries both major and local, the city of Milwaukee boasts an impressive collection of both local businesses and Fortune 500 companies, making it a rapidly expanding destination for entrepreneurs and their businesses, no matter what the size or industry.
- Milwaukee is home to 9,031 unique small businesses
- Out of those, 2,426 took out small business loans
- The yearly total small business revenue in Milwaukee is $20,829,897 (as of 2007)
- Roughly 45% of Milwaukee small businesses will close within two years of opening
It isn’t all just beer in Milwaukee – the city’s 9,000 (and growing!) small businesses specialize in a wide variety of industries from shipping, to construction, even to aviation. The city’s location on Lake Michigan as a central point for railways and boating lanes bring a lot of business into and out of the city, and there’s plenty of opportunity to be found. Opportunities such as this require a strong source of working capital to truly take advantage of it. When you need a Milwaukee small business loan, make Credibly your first choice for fast and easy small business financing.