Founded in 1836 by the Shreve Town Company, a corporation established to develop a town at the juncture of Red River and Texas Trail. Throughout the 20th century, Louisiana became a national center for the oil industry. Today, Shreveport is an educational, commercial, and cultural center in the Ark-La-Tex region - where Arkansas, Louisiana, and Texas meet.
Shreveport is Louisiana's third most populous city, behind New Orleans and Baton Rouge. It's a major medical center in the region and state. The Louisiana State University Health Sciences Center Shreveport operates in the area. Thanks to its population and Southern hospitality, Shreveport is an epicenter for manufacturing goods, gambling, tourism, and film. Once an oil town, Shreveport largely transitioned to a service economy - filled with large corporations and small businesses.
Mardi Gras isn't the only reason people flock to Louisiana. Plenty of small businesses make this densely populated city a great place to thrive. Running a successful business in Shreveport takes a lot of hard work, soul, and determination.
You understand the need to maintain a healthy business outlook and maintain your environment to keep in line with the diverse community. Any business venture you add to your belt increases the opportunity for your business to create a lasting impact on your community. But an increase in funds is generally needed to do so.
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 Shreveport, Louisiana, achieve their goals and maintain success.
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Only U.S.-Based Businesses are Eligible.
Four primary industries can capture hearts in this history-rich city. You can receive financial assistance through a business loan if relevant to your business.
Did you know Shreveport is a major medical center for the state of Louisiana? Thanks to the Louisiana State University Health Sciences Center Shreveport, several medical facilities in that region specialize in various health and wellness issues to take care of their diverse population. Major hospitals in the area include Christus Highland Medical Center, Willis Knighton, and the Shriners Hospital for Children.
If you're a private medical practice, you may have sent a patient to these facilities a time or two to take care of various medical procedures. Rather than sending patients away, use a medical practice business loan to expand your facilities to help your patients stay at one office.
Shreveport was home to many major gas and oil companies in the 1930s, but the economy shifted towards a service economy due to recessions and economic downturns. Today, there are large amounts of restaurants, accommodations, attractions, and events that keep this industry alive and booming for this former oil town. Shreveport hosts various casinos, hotels, and horse tracks that keep tourists and avid gamblers coming back for more. Before Hurricane Katrina, Shreveport was second only to New Orleans in Louisiana tourism.
If you're a hotel or motel in the area, it is essential to maintain business upkeep to attract new and returning visitors for relevant events. Using a hotel business loan, you can fund renovation projects, hire more staff, and upgrade the equipment needed to create a five-star quality establishment.
Small and large businesses coexist to drive the economy to maintain a business hub for innovation and creativity. With technological advancement and more people moving to more affordable towns, more companies are expanding to meet project needs. To keep up with industry trends, proper business funding is needed to maintain and upgrade equipment when required.
Small and large businesses thrive in Shreveport thanks to its other lively industries. Browse one-of-a-kind antiques and high-end fashion shops along Line Avenue, or find great bargains at the Lousiana Boardwalk Outlets. The Shreveport-Bossier Convention and Tourist Bureau boast plenty of things to do, shopping places, events, and discoveries for the whole family.
Take note of these thriving businesses and do the same for yours. With a short-term or long-term business loan, your retail business can attract visitors from all over the country.
What else can you expect from a city like Shreveport, Louisiana? Shreveport is ranked as one of the best Southern area cities in which to retire. The warm climate, the entertainment, and affordable real estate make this city a draw for young and old alike. Not to mention, given Shreveport's proximity to Arkansas, Little Rock is not too far away. Residents of Shreveport have access to a few different urban centers that make doing business here easy. Find out what you qualify for!
As a Shreveport, LA-based business owner, you have a chance right now to do something incredible for your company. The pace of business in Louisiana moves fast, and you need to make changes to keep up.
This could mean opening a new location. Or how about hiring more personnel to accommodate a growing client list? You may want to update your software systems and integrate some AI elements. Whatever you have in mind to help grow your business, we have a business loan program that will allow you to do just that. Speak with a specialist or fill out our online application, and we will reach out to you!
Businesses often utilize business loans to cover equipment, real estate costs, or working capital paid off between one and 25 years. Business loans can also purchase fixed assets or help maintain day-to-day operations. Most businesses use small business loans for the following:
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.
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.
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.
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.
A small business loan or line of credit can help you take advantage of any opportunities that come your way.
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.
If you own and operate a Shreveport-based business, you know that resources abound here in Louisiana.
If you've already tried going to a Shreveport area bank, the experience wasn't the greatest. They scrutinized your FICO, years in business, and lack of collateral. They probably left you waiting weeks or months to return with a no. Hoop after hoop, and ultimately they rejected your loan application. This isn't how we work. Not even close. We believe in actually helping small business owners, not hindering them.