Orig Post Biznow.com | Re-Post MNM Partners, LLC 5/16/2018
San Jose has been named the “best small business city” in the United States, according to a ranking by Biz2Credit, a small business lender. The ranking noted high annual revenues, credit scores, business age, balance sheet health and cash flows of the Bay Area city’s small businesses.
The booming tech sector is having spillover effects on small business success in San Jose and driving growth in the region’s industries, including construction, logistics, restaurants and hospitality, says Biz2Credit CEO Rohit Arora. The city notched a GDP growth rate of 6.2%, leading the nation’s 2.4% growth.