Arkansas Small Business
Small businesses are an integral part of Arkansas's economy. Small Business Administration statistics, as published in the SBA Office of Advocacy state profiles, show that there are around 244,977 small businesses in Arkansas, making up a whopping 99.3% of all Arkansas-based businesses!
With a workforce of no less than 481,170 employees, small businesses thrive in the Natural State. During the most recent notable financial year, lending institutions gave out 36,027 loans (under $100,000) that totaled to around $578.2 million. Financial analysis shows that Arkansas is one of the best places for small business owners to grow their businesses.
Whatever your situation may be, SBA-backed loans are extremely useful for any small business in Arkansas, and SBAExpress.Loans is standing by to provide you with all the help you need to get the financing your small business needs. And it's not just us; many of the major SBA-approved lending partners like Wells Fargo, JP Morgan Chase Bank, and Truist (formerly SunTrust) have branches statewide to service your SBA Express loan needs. Let us help get you connected today!