Riverside Metro among Top 25 Cities for Small Business Growth

Blog

(This article contains excerpts from an article by smallbiztrends.com)

Riverside Metro Ranks among Top Cities for Small Business Growth, Jobs

The Riverside-San Bernardino metro area jumped to number 6 in the nation for “Top 25 cities in America for small business growth” putting Riverside in line with major cities like New York, San Francisco and Los Angeles. Biz2Credit, a leading online lending platform for small business, conducts the annual ranking. Per Biz2Credit’s yearly report, the top 25 are all large metropolitan areas, which give small businesses access to strong population density and a diversified economy, providing more opportunities for growth.

The Inland Region continues to make gains based on several economic indicators. Biz2Credit ranked the metro 5th in “Top 10 Metro Locations by Annual Revenue,” and 3rd for “Top 10 Cities Listed by Credit Score.” According to reported U.S. Bureau of Labor statistics, the region also showed California’s largest job increase in 2017.

For Biz2Credit’s full annual report and methodology click here.