Ohio Business Loans
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Financing for Companies in Ohio
Ohio, “The Buckeye State” has a very strong economy, ranking as high as number seven in the country. The state generates over 600 billion dollars and has variety of industries and businesses that contribute. Manufacturing, Distribution and logistics, bioscience, agriculture, food processing, professional services and aerospace are the leading industries for the state.
SMB Compass provides business loans in Ohio to a wide range of businesses and industries to help the local economy.
Manufacturing Loans in Ohio
Over the last decade there has been a big jump in the manufacturing and production industries. Ohio is one of the top contributors for the production of gross domestic products. Walmart is the state’s top producing entity and is constantly working with small businesses, which allows smaller businesses to grow and capitalize on Ohio’s strong economy. The states manufacturing industry contributes to over 15% of the state’s economy and adds much need revenue and jobs to the local economy. Small businesses make up a large portion of the manufacturing industry throughout the state.
These businesses use small business loans in Ohio to help finance projects and purchase inventory. Small business loans also allow business owners to secure more contracts for future business opportunities.
Agriculture Loans in Ohio
Aviation and Aerospace Loans in Ohio
Hospitality Loans in Ohio
Trucking and Logistics Loans in Ohio
Small Business Loans in Ohio
Here are the many ways to use a small business loan in Ohio
Acquire a business
Refinance existing loans and credit card debt
Purchase or refinance commercial real estate
Buy or lease machinery and equipment
Purchase inventory and raw materials
Marketing and advertising campaigns
Upgrade technology and business software
Renovate existing office space
Day to day operating expenses
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