Warren

51
  • Number of Businesses: 2,543
  • Number of Small Business Advances: 459
  • Yearly Small Business Revenue: $13,231,367
  • Two-Year Survival Rate: 42%

If people were to predict the third largest city in Michigan, few would come to the conclusion of Warren, but that’s exactly what it is. General Motors is proud to say that their tech center is located in Warren where around 17,000 people are employed which is more than double of any other company in Warren. Although General Motors does have many employees working for them don’t be fooled because there are many other popular companies including Art Van and Chrysler that have numerous employees as well. Warren is an outstanding city to build a business from the ground up if you plan on building an empire one day.

  • Warren is home to 2,543 unique small businesses
  • Out of those, 459 took out small business loans
  • The yearly total small business revenue in Warren is $13,231,367 (as of 2007)
  • Roughly 58% of Warren small businesses will close within two years of opening

It’s a large amount of work to construct a business from scratch, but it can and has been done many times before.  What other companies didn’t do that you have the gracious opportunity of doing is using Credibly.  When you first discover Credibly’s website you’ll see all the options as a business owner that you have at your disposal.  We even have a loan calculator free of charge for you to map out all your next moves so, you won’t be surprised when you start paying back your loans.  Don’t go back to the banks for any of your business loan needs ever again because they’ll make it as stressful as can be for you to even apply for a business funding.

Credibly in Warren

Don’t go anywhere else when looking to fund for your business because Credibly has all the choices you could possibly desire.  Warren is looking to expand on the number of businesses that are in the city, and who is better to be the owner of that business than you?  After you pre-qualify online you won’t believe how easy it was to do because it only takes minutes with no loopholes or obstacles to jump through.  If you wait any longer you’re going to be in danger of losing the vacant building you’ve been wanting to put a bid on.  So, pre-qualify online for your business loan using Credibly today.

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 Warren is 51 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 July, 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