Milwaukee

57
  • Number of Businesses: 19,918
  • Number of Small Business Advances: 3,317
  • Yearly Small Business Revenue: $74,231,280
  • Two-Year Survival Rate: 55%

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.

Credibly in Milwaukee

With our simple process and fast approval time – as fast as 48 hours in most cases – Credibly can get you the money you need right when your business needs it most. New equipment for the office? Help with day to day operations? Whatever your need for small business working capital, Credibly is the fastest and easiest option around. If you need Milwaukee small business financing, don’t wait another second – skip the banks and come straight to Credibly. Pre-qualify today and get back to what you do best – running your small business. At Credibly, we’ve got your back.

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 Milwaukee is 57 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 June, 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