Toledo

57
  • Number of Businesses: 4,419
  • Number of Small Business Advances: 855
  • Yearly Small Business Revenue: $21,199,735
  • Two-Year Survival Rate: 51%

The Industrial Revolution brought a lot to the city of Toledo, and small business owners like yourself have been reaping the benefits ever since. In any industry you can imagine, the port of Toledo has allowed small business owners to find their customer base from far and wide, no matter what service or product they provide.

  • Toledo is home to 4,419 unique small businesses
  • Out of those, 855 took out small business loans
  • The yearly total small business revenue in Toledo is $21,199,735 (as of 2007)
  • Roughly 49% of Toledo small businesses will close within two years of opening

Of course, being able to reach a wide audience doesn’t mean you still won’t need the occasional injection of working capital. If a sudden need for financing arises – be it for new equipment, a new business opportunity, or even just day-to-day expenses – then Credibly can offer you the Toledo small business loans you need faster than the banks can. Your time is valuable, and when you request our financing, we don’t ask for much of it. Our process is streamlined to get you back to work, and in many cases we can get your loan approved in up to 48 hours.

Credibly in Toledo

Don’t waste your time applying for a traditional bank loan. Credibly’s fast and easy financing process gets you just the right amount of money as soon as you need it, without mountains of paperwork or the need for collateral. We focus on the overall health of your business to make sure you get just the right loan that your business needs. Curious to see just how easy it can be? Pre-qualify today for a Toledo small business cash advance and see for yourself.

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 Toledo 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