Running a successful business in Gulfport, Mississippi, is exciting and worth every minute. This second-largest city in Mississippi is home to many thriving businesses run by devoted, hard-working owners who have put their blood, sweat, and tears into building their American Dream. From its humble beginnings as a lumber port, Gulfport has diversified into a popular tourist destination with white sand beaches and southern hospitality.

Gulfport was initially incorporated on July 28, 1898, and was founded by William H. Hardy, the president of the Gulf and Ship Island Railroad (G&SIRR), which connected inland lumber mills to the coast. Gulfport is a thriving residential community with a strong mercantile and retail sales center. It is home to the Island View Casino, one of twelve casinos on the Mississippi Gulf Coast. Gulfport also hosted several cultural events such as the "World's Largest Fishing Rodeo," "Black Spring Break," and "Crusin' the Coast." Gulfport is a hot spot for any small business to grow within a local, diverse community.

Rather than searching for a traditional lender with a lengthy application process, choose First Union Lending to provide you with business funding at an expedited rate. We help small and growing businesses in Gulfport achieve their goals and maintain success.

Top Four Industries in Gulfport

There's no hiding the attractions and various recreational activities in Gulfport. From the Great Southern Shopping Center to Gulf Islands Water Park, there are always people on the move and working to ensure their business provides the best customer service. Four primary industries capture most of the city's economy and, if relevant to you, can receive financial assistance in the form of a business loan.

Healthcare & Social Assistance

Gulfport, Mississippi, is home to a population of over 72,000, putting in demand for high-quality healthcare services. Healthcare is by far the most prominent industry within Gulfport, with Memorial Hospital being one of the top employers in the city. Private medical practices can impact their communities, making them a necessary business, especially in today's health climate. Working capital can maintain a physician's office, order new equipment, hire staff, and progress a business to newer heights.

Retail Trade

The Great Southern Shopping Center isn't the only place to find great deals and shops in Gulfport. Plenty of other retail shops, small and growing, thriving along the Gulfport seaside area. With proper funding, retailer businesses can grow in the right direction towards success.

Tourism & Food

With shopping malls, retailers, and about 6.7 miles of white sand beaches, it is no surprise that Gulfport has flourished into a great tourist destination. Locals and tourists flock to the seaside for delicious seafood eateries, family-owned restaurants, and steakhouses between casinos and year-round events. Hotels, motels, and restaurants flourish year-round thanks to Gulfport's subtropical climate and southern hospitality.

Manufacturing

Gulfport is a place many welders, mechanics, and production workers can readily find a career. Several global and growing manufacturing companies help drive the other industries in Gulfport. Shipyards and boat repairs help keep companies within the tourism industry alive. Food manufacturing, specialty fabrication, and custom machining companies within this growing city can also be found.

With technological advancements and more people moving towards Gulf coast beach towns, more businesses are expanding to meet project needs. To keep up with industry trends, proper business funding is needed to maintain and upgrade equipment when required.

Why should companies in Gulfport Mississippi get a business loan?

If you own a business in Gulfport, Mississippi, you're probably already aware of the tremendous resources at your disposal daily. As the second-largest city in Mississippi, more people are flocking to this beach town as their new home, providing a growing client base for your business.

The city itself harkens back to a rich past and a very eclectic one at that. You can see it in Gulfport architecture, storefronts, and majestic homes. This is why so many people adore this city, and this is what makes it a genuinely special one for Gulfport business owners. Get options to grow alongside the city now!

Competition can be fierce in the Mississippi mecca - you must ensure that you stay ahead of the fray. What are you going to do for your Gulfport business to help it stand out? Maybe that entails introducing a new product, renovating your building, or creating a new marketing strategy. Whatever the project, you're probably going to require some additional capital - We can help with that! Please fill out our online application, and let's discuss options to grow your business's success.

How to best use small business loans in Gulfport Mississippi

Businesses often utilize business loans to cover equipment, real estate costs, or working capital paid off between one and 25 years. The funds from business loans can also purchase fixed assets or help maintain day-to-day operations. Most businesses use small business loans for the following:

• Boost Your Cash Flow

  Get small business financing to free up cash for immediate reinvestment in your company. You'll have more flexibility in financial decisions and be able to prioritize expansion rather than worrying about day-to-day expenses.

• Buy New Equipment

  It's essential to find the most powerful and modern tools to provide the best possible service to your clients. Buying equipment can add up quickly. We can work with you to find the best financing options for your small business.

• Refurbish Your Location(s)

  Maintaining or upgrading your company's facilities is an investment, especially if you're still in the early stages of growth. A small business loan can cover some or all of the costs involved in creating a clean and modern working environment to succeed and attract customers.

• Hire Extra Staff

  If you need to add top talent to your team but don't have the cash to do it, an option like a small business loan with competitive interest rates could be the way to get funding

• Cover One-Off Costs

  A small business loan or line of credit can help you take advantage of any opportunities that come your way.

• Grow Your Business

  We've helped thousands of established businesses in the United States grow, create new jobs, and stimulate economic growth in their local communities with the best trim business financing options for their needs.

First Union Lending is Here to Help Your Gulfport Mississippi Business Succeed

Unlike traditional banks, we do not scrutinize you in terms of just a credit score or number of years in business. We do indeed take a big-picture approach- meaning, we want to know who you are, what value you bring to the Gulfport economy, and how you plan to grow your company in the coming years. It's about hearing your story and evaluating you based on all facets of your small business. Not just one or two aspects of it.

With short-term loans, lines of credit, long-term loans, commercial property loans, debt consolidation, bridge loans, credit card processing, health care provider loans, equipment financing, invoice factoring, and SBA loans, among other commercial lending products - we are flexible enough to accommodate a multitude of business and industries.

Our loan agency serving Gulfport has had the chance to work with various Mississippi companies, including laundry mats, trucking companies, construction firms, salons, retailers, you name it. And every client has posed a new and exciting opportunity for us. We are about creating long-term partnerships to enhance your business and ultimately set it up for success. There is no one size fits all solution at First Union Lending. You are unique, and your vision is one of a kind, as should your lending solution be.

The process is simple: fill out an online application, submit some documents, and an advisor walks you through the rest. We are always on hand to address any questions and concerns. We never leave you hanging. A decision generally arrives within a few hours, and the funding can be in your account in as little as a day.

So what are you waiting for? The time to act and grow your Gulfport business is most definitely now! We have helped so many Mississippi area companies realize their expansion dreams, and we'd love to hear all about yours. Call for a free consultation, and let's start this journey together.