Nestled along the banks of the Mississippi River, St. Louis is home to over 6,000 small business in a slew of bustling industries. Renowned for its immense array of businesses in manufacturing, IT, healthcare, and dozens of other sectors, St. Louis is a hot bed for businesses of all kinds.
- St. Louis is home to 8,189 unique small businesses
- Out of those, 1,620 took out small business loans
- The yearly total small business revenue in St. Louis is $30,678,574 (as of 2007)
- Roughly 25% of St. Louis small businesses will close within two years of opening
Being home to Fortune 500 companies such as Well Fargo Advisors, Scottrade, MasterCard, and numerous other titan-sized companies, St. Louis business shows no signs of stopping anytime soon. Opportunities for business are around every corner – but no matter what city you’re in, it takes money to get things moving. But before things can get rolling, there needs to be an injection of some form of financing or merchant cash advice – this is where Credibly comes in.