St. Louis

64
  • Number of Businesses: 6,985
  • Number of Small Business Advances: 1,261
  • Yearly Small Business Revenue: $29,141,856
  • Two-Year Survival Rate: 75%

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.

Credibly in St. Louis

Time doesn’t wait for anyone, especially in the world of business. Credibly understands this, which is why we’ve worked to make sure our approval times are fast and seamless as possible – sometimes taking as short as 48 hours. With Credibly, our swift, flexible small business loans will get your business off the ground and running in no time. With the positive economic climate in St. Louis – not to mention a two-year survival rate of 75% for small businesses – the time is now to make your business ventures come true. After assessing the state of your company and taking careful consideration of your financial needs, we’ll help steer you in the right direction with whatever equipment financing, working capital, or other type of funding called for. Get started today by pre-qualifying on our site.

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 St. Louis is 64 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