New study examines dollar value of business loan applications for small business owners in Central Indiana.
How Easy Is It to Access Credit in Indiana?
Live in Indianapolis, Carmel or Anderson? Then chances are,
you’ll find it easier to access credit to grow or expand your small business
more than your competitors elsewhere across the nation.
Central Indiana is one of the best areas of the country for
small business owners’ access to credit, according to a new study.
The Indianapolis-Carmel-Anderson area ranked No. 3 on a
nationwide wide list of 20 cities with the nation’s best access to credit.
“In Indianapolis,” according to CNBC, “businesses in the thriving logistics
and transportation industry have healthy access to capital, contributing to the
region’s high ranking on the list.”
The survey was conducted by Biz2Credit, a New York City-based
online platform that matches small-business borrowers and lenders, which
reviewed 261 metro areas looking for the total dollar value of business loan
applications approved.
Ranking ahead of Indianapolis: California’s San
Jose-Sunnyvale-Santa Clara region and Florida’s Orlando-Kissimmee-Sanford area.