Factoring in Oklahoma and Rapid Small Business Growth
Below is a chart of industries in Oklahoma that are growing fast. Business growth is a rewarding thing for the business owner but also comes with potential downsides. Working capital issues and retaining a consistent cash flow can create a difficult environment when growing. That’s where factoring comes in. Factoring for Oklahoma small business should be an important part of every growth strategy. Whether that be receivable financing or purchase order financing.
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Fastest? Growing Oklahoma Industries 2018?
- Specialty trade contractors – 31.2%
- Health and personal care stores – 30.6%
- Building and garden equipment/supplies dealers – 30.4%
- Hospitals – 27.4%
- Professional, scientific and technical services – 26.2%
- Ambulatory health care services – 25.0%
- Financial investments and related activities – 21.8%
- Transportation support services – 21.2%
Source: Oklahoma Employment Security Commission
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