If you own one of Wyoming's 68,641 (98.9% of all businesses in Wyoming) small businesses and are looking for a line of credit, you’ve come to the right place. Line of Credit Depot provides Wyoming businesses true revolving lines of credit. We’ve arranged hundreds of credit facilities for businesses in Wyoming. This has helped them; finance projects, hire staff, expand, buy equipment and navigate cash flow dips.
There are 128,883 small business employees, or 63.8% of all employees in the state. In total 682 start-ups emerged in the fourth quarter of 2018, generating 2,330 new jobs. In 2019 small businesses created 5,762 new jobs. About 3,133 of these jobs were created by businesses with fewer than 20 employees.
The rates for a business line of credit in Wyoming are like most other states. Ranging from 4% to 8%, these revolving lines of credit are issued by local and national banks. Most businesses in Wyoming that are approved for a line of credit, never knew they could access such cheap money. There are thousands and thousands of Wyoming businesses that could qualify for cheaper money than what they are used to.
That’s why now is the best time to apply for a line of credit.
Line of Credit Depot has the largest network of local and national banks in Wyoming, so your business gets paired with the best programs.