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San Jose Ranks #2 Best City in U.S. for Small Biz, Again

Post Date:05/28/2019 4:07 PM

Retaining its position as the second best metro area for small businesses in the US for the second year, San Jose has shown continued strength in its small business community’s annual revenue, credit score, longevity and other factors. The annual ranking is by Biz2Credit, an online company specializing in small business financing. To determine the rankings, Biz2Credit examined the financials of nearly 30,000 companies that applied for small business financing in 2018.

The top-rated city for small business this year is Miami, which scored #3 in 2018. The #1 city last year was New York, which is fell to#4 in 2019. In the 2019 study, San Jose was ranked #1 in terms of small business credit scores, and #3 in annual revenue, after New York and Miami.

For this analysis, Biz2Credit defined "small businesses" as companies having fewer than 250 employees or less than $10 million in annual revenues. The Top 25 Cities for Small Business in 2019 (with 2018 ranking in parenthesis) are:

  1. Miami (No. 3)
  2. San Jose, CA (No. 2)
  3. San Francisco (No. 4)
  4. New York (No. 1)
  5. San Diego (No. 9)
  6. Los Angeles (No. 5)
  7. Boston (unranked)
  8. Sacramento, CA (No. 10)
  9. Baltimore (No. 16)
  10. Washington, DC (No. 7)
  11. Philadelphia (No. 22)
  12. Chicago (No. 12)
  13. Seattle (No. 14)
  14. Riverside, CA (No. 6)
  15. Minneapolis (unranked)
  16. Phoenix (No. 11)
  17. Las Vegas (No. 18)
  18. Charlotte, NC (No. 24)
  19. Nashville, TN (unranked)
  20. Raleigh, NC (unranked)
  21. Detroit (No. 20)
  22. Oklahoma City (unranked)
  23. Houston (No. 21)
  24. Cleveland (unranked)
  25. Pittsburgh (unranked)

When sorted by credit score, San Jose was the leader, followed by San Francisco, New York, and Miami.

1. San Jose, CA  -- 643
2. San Francisco, CA -- 637
3. New York, NY --  634
4. Miami, FL  -- 631
5. Philadelphia, PA -- 629
6. Washington, DC -- 625
7. Los Angeles, CA  -- 625
8. Minneapolis -- 622
9. Sacramento, CA -- 621
10. Riverside, CA -- 621

For the full report and infographics, visit

About the Biz2Credit Best Small Business Cities in America Study
Biz2Credit analyzed nearly 30,000 businesses with less than 250 employees and less than $10 million in annual revenues from across the country that have been in operation for more than one year. Founded in 2007, Biz2Credit has arranged more than $2 billion in small business financing and has several times been named to Crain’s New York’s Fast 50 and was recently ranked among the top 200 fast-growing companies on Deloitte's 2018 Technology Fast 500. Biz2Credit is expanding its industry-leading technology in custom digital platform solutions for leading banks and other financial institutions, investors and service providers in the U.S. Visit


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