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small business cities for minority entrepreneurs in america - 2015

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About the Biz2Credit Best Small Business Cities in America Study Biz2Credit analyzed 12,000 businesses with less than 250 employees and less than $10 million in annual revenues from across the country that have been in operation for more than 1 year. About Biz2Credit Founded in 2007, Biz2Credit has arranged more than $1.2 billion in small business financing and is widely recognized as the #1 online credit resource for startup loans, lines of credit, equipment loans, working capital and other funding options in the U.S. Using the latest technology, Biz2Credit matches borrowers to financial institutions based on each company's unique profile -- completed in less than four minutes - in a safe, efficient, price-transparent environment. Visit http://www.biz2credit.com, follow on Twitter @Biz2Credit, and join on Facebook at http://www.facebook.com/biz2credit. 1. Riverside-San Bernardino, CA 2. New York Metro 3. Houston, TX 4. Detroit, MI 5. Charlotte, NC 6. Chicago, IL 7. Denver, CO 8. Las Vegas, NV 9. San Francisco-Oakland, CA 10. Miami, FL 11. Seattle, WA 12. Los Angeles, CA 13. Atlanta, GA 14. Philadelphia, PA 15. Dallas, TX 16. Orlando, FL 17. San Diego, CA 18. Tampa-St. Petersburg, FL 19. Phoenix, AZ 20. Sacramento, CA 21. San Antonio, TX 22. Fresno, CA 23. San Jose, CA 24. Washington D.C. 25. Virginia Beach, VA The state of California incredibly had seven cities that ranked in the Top 25, including the top city. While Texas and Florida each had three areas represented in the Top 25. The Top 10 metro areas by Annual Revenue featured two of best cities in the Top 3 overall for minority entrepreneurs including Riverside-San Bernardino (No. 1) and the New York Metro area (No. 3) at the top of the list. "Last year, Philadelphia emerged as a Top 5 city for highest revenue thanks to its strong showing in the retail trade industry." - Biz2Credit CEO, Rohit Arora Riverside-San Bernardino, CA Las Vegas, NV New York Metro Charlotte, NC Philadelphia, PA Orlando, FL San Francisco -Oakland, CA Detroit, MI Tampa-St. Petersburg, FL 1 2 3 4 5 6 7 8 9 10 Houston, TX When sorted by Age of Business (in months), Denver was the leader, indicating that it is a hotbed of business development. San Antonio and Sacramento were second and third respectively. "The emergence of the legal marijuana industry in Colorado has spurred to economic growth in the Mile High City, There is a lot growth in the back office technology segment in Denver, as well." - Biz2Credit CEO, Rohit Arora Las Vegas, NV San Antonio, TX Sacramento, CA Atlanta, GA Seattle, WA Denver, CO Orlando, FL Chicago, IL Philadelphia, PA 1 2 3 4 5 6 7 8 9 10 Detroit, MI When sorted by Credit Score, the New York Metro area was the leader, with Houston and Detroit placing just behind them. "Credit scores and the overall health of small businesses around Detroit are surprisingly strong. The auto makers' comeback has sustained, helped, in part, by low gas prices. Manufacturing has become so high tech, and IT companies related to the renewed strength of the auto industry has translated into success for the area. IT companies are growing, as are staffing companies.” - Biz2Credit CEO, Rohit Arora New York Metro Houston, TX Detroit, MI Denver, CO Las Vegas, NV Los Angeles, CA Chicago, IL Riverside-San Bernardino, CA Charlotte, NC 1 2 3 4 5 6 7 8 9 10 Seattle, WA Denver was the leader When sorted by Age of Business (in months) "The emergence of the legal marijuana industry in Colorado has spurred to economic growth in the Mile High City, There is a lot growth in the back office technology segment in Denver, as well." - Biz2Credit CEO, Rohit Arora May 2015 Biz2Credit's 2015 Ranking of The Best Small Business Cities for Minority Entrepreneurs in America Analysis Examined Markets with the Highest Annual Revenue, Credit Scores and Other Factors Biz2Credit, the leading online platform for small business finance, has identified the Riverside-San Bernardino, CA, as the ‘Best Small Business City for Minority Entrepreneurs in America,’ based on a weighted average that includes annual revenue, credit score, age of business (in months), and a proprietary BizAnalyzer score that takes into account cash flow, debt-to-income ratio, and business owners’ personal credit scores. The positioning of Riverside-San Bernardino makes it a prime location for immigrants of Central America, Overall, the Riverside area is a hotbed for business activity at the moment. Its support networks including incubators and a high profile 'Shop Riverside'. - Biz2Credit CEO, Rohit Arora Average Annual Revenue: $1,400,960.21 Average Credit Score: 628 Average Age of Business (Months): 34 Average BizAnalyzer Score: 56 Riverside-San Bernardino Scores Best in Biz2Credit's 2015 Ranking of The Best Small Business Cities for Minority Entrepreneurs in America

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Page 1: Small Business Cities for Minority Entrepreneurs in America - 2015

About the Biz2Credit Best Small Business Cities in America Study

Biz2Credit analyzed 12,000 businesses with less than 250 employees and less than $10 million in annual revenues from across the country that have been in operation for more than 1 year.

About Biz2Credit

Founded in 2007, Biz2Credit has arranged more than $1.2 billion in small business financing and is widely recognized as the #1 online credit resource for startup loans, lines of credit, equipment loans, working capital and other funding options in the U.S. Using the latest technology, Biz2Credit matches borrowers to financial institutions based on each company's unique profile -- completed in less than four minutes - in a safe, efficient, price-transparent environment.

Visit http://www.biz2credit.com, follow on Twitter @Biz2Credit, and join on Facebook at http://www.facebook.com/biz2credit.

1. Riverside-San Bernardino, CA2. New York Metro3. Houston, TX4. Detroit, MI5. Charlotte, NC6. Chicago, IL7. Denver, CO8. Las Vegas, NV9. San Francisco-Oakland, CA10. Miami, FL11. Seattle, WA12. Los Angeles, CA13. Atlanta, GA

14. Philadelphia, PA15. Dallas, TX16. Orlando, FL17. San Diego, CA18. Tampa-St. Petersburg, FL19. Phoenix, AZ20. Sacramento, CA21. San Antonio, TX22. Fresno, CA23. San Jose, CA24. Washington D.C.25. Virginia Beach, VA

The state of California incredibly had seven cities that ranked in the Top 25, including the top city. While Texas and Florida each had three areas represented in the Top 25.

The Top 10 metro areas by Annual Revenue featured two of best cities in the Top 3 overall for minority entrepreneurs including Riverside-San Bernardino (No. 1) and the New York Metro

area (No. 3) at the top of the list.

"Last year, Philadelphia emerged as a Top 5 city for highest revenue thanks to its strong showing in the retail trade industry." - Biz2Credit CEO, Rohit Arora

Riverside-SanBernardino,

CA

Las Vegas,NV

New YorkMetro

Charlotte,NC

Philadelphia,PA

Orlando,FL

San Francisco-Oakland,

CA

Detroit,MI

Tampa-St.Petersburg,

FL

1 2 3 4 5 6 7 8 9 10

Houston,TX

When sorted by Age of Business (in months), Denver was the leader, indicating that it is a hotbed of business development. San Antonio and Sacramento were second and third

respectively.

"The emergence of the legal marijuana industry in Colorado has spurred to economic growth in the Mile High City, There is a lot growth in the back office technology segment in Denver, as well." - Biz2Credit CEO, Rohit Arora

Las Vegas,NV

San Antonio,TX

Sacramento,CA

Atlanta,GA

Seattle,WA

Denver, CO

Orlando,FL

Chicago,IL

Philadelphia,PA

1 2 3 4 5 6 7 8 9 10

Detroit,MI

When sorted by Credit Score, the New York Metro area was the leader, with Houston and Detroit placing just behind them.

"Credit scores and the overall health of small businesses around Detroit are surprisingly strong. The auto makers' comeback has sustained, helped, in part, by low gas prices. Manufacturing has become so high tech, and IT companies related to the renewed strength of the auto industry has translated into success for the area. IT companies are growing, as are staffing companies.”

- Biz2Credit CEO, Rohit Arora

New YorkMetro

Houston,TX

Detroit,MI

Denver,CO

Las Vegas,NV

Los Angeles,CA

Chicago,IL

Riverside-SanBernardino,

CA

Charlotte,NC

1 2 3 4 5 6 7 8 9 10

Seattle,WA

Denver was the leader When sorted by Age of Business (in months)

"The emergence of the legal marijuana industry in Colorado has spurred to economic growth in the Mile High City, There is a lot growth in the back office technology segment in Denver, as well."

- Biz2Credit CEO, Rohit Arora

May 2015

Biz2Credit's 2015 Ranking of The Best Small Business Cities for Minority Entrepreneurs in America

Analysis Examined Markets with the Highest Annual Revenue, Credit Scores and Other Factors

Biz2Credit, the leading online platform for small business �nance, has identi�ed the Riverside-San Bernardino, CA, as the ‘Best Small Business City for Minority Entrepreneurs in America,’ based on a weighted average that includes annual revenue, credit score, age of business (in months), and a proprietary BizAnalyzer score that takes into account cash �ow, debt-to-income ratio, and business owners’ personal credit scores.

The positioning of Riverside-San Bernardino makes it a prime location for immigrants of Central America, Overall, the Riverside area is a hotbed for business activity at the

moment. Its support networks including incubators and a high profile 'Shop Riverside'.

- Biz2Credit CEO, Rohit Arora

Average Annual Revenue: $1,400,960.21

Average Credit Score: 628

Average Age of Business (Months): 34

Average BizAnalyzer Score: 56

Riverside-San Bernardino Scores Best in Biz2Credit's 2015 Ranking of The Best Small Business Cities for Minority Entrepreneurs in America

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