Virginia Small Business
Small businesses are an important part of Virginia's economy. Current Small Business Administration statistics show that there are around 706,626 small businesses in Virginia, making up an roughly 99.5% of all Virginia based businesses!
With a workforce of no less than 1.5 million employees, small businesses thrive in the Old Dominion State. During the most recent notable financial year, lending institutions gave out 119,426 loans (under $100,000) that totaled to around $1.7 billion. Financial analysis shows that Virginia 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 Virginia, 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!