Virginia's nearly 750,000 small businesses employ 1.5 million people, which amounts to nearly half of the private workforce, according to the U.S. Small Business Administration. The need for affordable capital has never been greater for Virginia's small businesses. There were 39,397 jobs created by small businesses in 2019. Businesses with less than 20 employees made the largest gains, with 29,300 new jobs. 99.5% of all Virginia businesses are small businesses.
With the great amount of businesses happening in Virginia, there is no lack of banks in the state, but finding the right banks is our specialty. Let us help you find the perfect bank that will offer you a line of credit for your business. We have access to many banks that offer business lines of credit. It can happen where a Virginia business is declined for a line of credit at their local bank, we can find a perfect approval at another bank. At 2.9% Virginia has one the lowest unemployment rates in the country. This translates to a highly competitive labour market, so lets make your life and business easier by applying for a business line of credit.
Let us give your business access to all these banks that offer affordable business financing in the form of lines of credit. Apply for yours today.
Line of Credit Depot has the largest network of local and national banks in Virginia, so your business gets paired with the best programs.