10 Industries Driving the Sunshine State

Part 1

With small businesses and entrepreneurs coming into their own at an exceedingly high pace, the question on everyone’s mind is what industry should I get into? Where should I start my business? Depending on what type of business you want to start (local or online), there are many choices, but in most recent years it seems that more and more people are starting businesses in Florida. The reason everyone is flocking to the Sunshine State is due to these 10 industries that are driving the economic growth at a dynamic level:

1) Construction

Florida’s construction industry has been steadily growing over the past few years. In 2017, Florida showed an increase of over 7% in new construction jobs added, making it 4th in the nation in job growth. The Northeast Florida Builders Association reported an increase in new building permits issued—up more than 1,000 from the previous year to almost 9,000 permits.

This increase in need for construction work coincides with the booming real estate industry. With Florida being a coveted location for vacationers, snow birds, celebrities and just plain ol’ warm weather & beach-lovers, many people are investing in properties and land. As the many years and weather conditions create wear and tear on the buildings, many people decide to completely rebuild from the ground up. For others, it’s simply an alternate style choice.

2) Retail

The retail industry in Florida is holding strong and moving forward, bringing in over $3 billion in sales during 2017. New retail businesses are filling the voids left by big-box retailers who have vacated shopping centers in major cities. South Florida is showing the strongest expansion in retail, with the Miami area netting almost $900 million in sales last year.

Whether it’s a boutique soap company, beach-y clothing line, or an artisanal donut shop, South Florida is the place to bring all your ideas and entrepreneurial spirit.

3) Consulting

If you have an abundance of knowledge to share with other businesses, why not consider becoming a consultant? The most successful businesses in the world didn’t get there by chance, they hire other professionals to help them along the way, whether it’s with marketing, design or even building strategy.

The consulting industry in Florida has made significant headway in the last few years—in a recent report on the fastest growing consulting firms around the world, three Florida firms found themselves among the top 50. Orlando is fast becoming a growing hub for multi-million dollar consulting firms like Deloitte, KPMG, and ADP.

4) Real Estate

As we have already mentioned, the Real Estate industry has grown in leaps and bounds in Florida over the past few years. More people are flocking to the Sunshine State looking for more than just sunny days, but a piece of property in paradise. Snowbirds are choosing AirBnBs instead of lavish estates that go vacant over the rest of the year. Celebrities are always looking for a new home to add to their vacation collection. The Florida appeal is there, waiting for people to sell it.

Florida’s real estate industry has been steadily increasing, particularly in South Florida where luxury home sales have been consistently growing. And in the northern part of the state, the average home price in Jacksonville has jumped over seven percent since last year. Additionally, the commercial side of the real estate industry in Florida comes in third place in the country—a positive effect from the expansion in other industries (retail, consulting, healthcare, professional).

5) Entertainment

With all the bright lights, flamingos and art deco filling the feeds of Instagram Influencers, Miami and South Florida in general are in the spotlight and everyone is dying to come to where the party is.

Miami is seeing the largest volume of new entertainment business formations in the state, possibly bolstered by the influx of tourists over the last year — a record-breaking 15 million visitors flooded Miami and spent over $25 million in the city. The leisure and hospitality industry added almost 150,000 new jobs over the past year, further bolstering the city’s economy.

Florida, the Time is NOW

With the opportunities for small businesses booming, why wait another moment. What is keeping you down? Financial restraints have been a complaint for many of the dreamers, limiting themselves to their immediate funds. There is an alternative. If you have the dreams and decent credit, Small Business Loans and No Doc Loans are available to you. Our goal is to provide you with the knowledge you need and the resources available to make your dream a reality. Give us a call – we have the education and the perspective to help you obtain the loans you need for your small business. Visit our website or give us a call to find out what financial backing is available to make your business soar!

Unsecured Finances has over 10 years in the consulting business! We specialized in educating and assisting clients on acquiring Unsecured Business Loans and Start-Up Business Specialty Loans including; Unsecured No Documentation (No-Doc Stated Income) Loans, Unsecured Business Loans, and Unsecured Start-Up Business Loans and Lines of Credit from $10,000 to $500,000 without Assets.

Apply on our website to find out if you qualify, or call today for a free consultation: 1-888-294-2584

No Doc Loans Orlando Florida

No Doc Loans Orlando Florida

Are you a small business owner in Orlando Florida that is having difficulties getting approved for a loan?

Our specialty is what is called a “no doc loan”. It is a type of loan where the file is underwritten using the gross income of the business, and not the net income. So if you generate a lot of revenue, but most of it is written off, leaving you with little net profits, it isn’t a problem for us!

We understand that new businesses, or businesses making large renovations and changes, typically re-invest most of their income back into their business. This leaves you with little net profit at the end of the year, and makes it harder for you to get a loan.

Typically, when people have high monthly cash flow, but low adjusted net income at the end of the year, they are forced to get what is called a “factoring loan” or an “account receivable loan”. They have to show 6 months of bank statements and the bank gives them a loan based on that. The problem with this is that if you borrow $25,000, you will pay back $37,000 after 6 months. The interest rates these companies charge is sky high! Once the 6 month loan is paid off, then you have to do it again.

Our program is a stated No Doc program, so if you told me you made $100k or $200k last year, then that is the number underwriters will use. By using your yearly income to qualify you for a loan, you will get more money and much cheaper rates. The difference between us and factoring companies is that our rates are low, our terms are long, and we have no pre-payment penalties. They do! Our loans are simple interest, meaning they don’t change and your payment is once a month, not once a day like a factoring company.

So if you are having troubles getting a loan, please contact us! We would love to speak with you and will do our very best to get you a loan you are happy with! Fill out the form to your right, and one of our representatives will get back with you soon.

No Doc Business Loans Saint Petersburg Florida

No Doc Business Loans Saint Petersburg Florida

Are you a small business owner in Saint Petersburg Florida that is having difficulties getting approved for a loan?

Our specialty is what is called a “no doc loan”. It is a type of loan where the file is underwritten using the gross income of the business, and not the net income. So if you generate a lot of revenue, but most of it is written off, leaving you with little net profits, it isn’t a problem for us!

We understand that new businesses, or businesses making large renovations and changes, typically re-invest most of their income back into their business. This leaves you with little net profit at the end of the year, and makes it harder for you to get a loan.

Typically, when people have high monthly cash flow, but low adjusted net income at the end of the year, they are forced to get what is called a “factoring loan” or an “account receivable loan”. They have to show 6 months of bank statements and the bank gives them a loan based on that. The problem with this is that if you borrow $25,000, you will pay back $37,000 after 6 months. The interest rates these companies charge is sky high! Once the 6 month loan is paid off, then you have to do it again.

Our program is a stated No Doc program, so if you told me you made $100k or $200k last year, then that is the number underwriters will use. By using your yearly income to qualify you for a loan, you will get more money and much cheaper rates. The difference between us and factoring companies is that our rates are low, our terms are long, and we have no pre-payment penalties. They do! Our loans are simple interest, meaning they don’t change and your payment is once a month, not once a day like a factoring company.

So if you are having troubles getting a loan, please contact us! We would love to speak with you and will do our very best to get you a loan you are happy with! Fill out the form to your right, and one of our representatives will get back with you soon.

No Doc Loans Tampa Florida

No Doc Loans Tampa Florida Are you a small business owner in Tampa Florida that is having difficulties getting approved for a loan? Our specialty is what is called a “no doc loan”. It is a type of loan where the file is underwritten using the gross income of the business, and not the net … Read more

No Doc Loans Miami Florida

No Doc Business Loans MIami Florida for self employed borrowers Are you a small business owner in Miami Florida that is having difficulties getting approved for a loan? Our specialty is what is called a “no doc loan”. It is a type of loan where the file is underwritten using the gross income of the … Read more

No Doc Loans Jacksonville Florida

No Doc Business Loans Jacksonville Florida for self employed borrowers Are you a small business owner in Jacksonville Florida that is having difficulties getting approved for a loan? Our specialty is what is called a “no doc loan”. It is a type of loan where the file is underwritten using the gross income of the … Read more

Small Business Loans Orlando Florida

Are you looking for a small business loan in Orlando Florida to get your business started? Don’t want to deal with all the hassles of the SBA? No assets? No problem! We have over 300 investors in the public and private market that cater to you. We do not use any assets or have any … Read more

Small Business Loans Tampa Florida

Are you looking for a small business loan in Tampa Florida to get your business started? Don’t want to deal with all the hassles of the SBA? No assets? No problem! We have over 300 investors in the public and private market that cater to you. We do not use any assets or have any … Read more

Small Business Loans Miami Florida

Are you looking for a small business loan in Miami Florida to get your business started? Don’t want to deal with all the hassles of the SBA? No assets? No problem! We have over 300 investors in the public and private market that cater to you. We do not use any assets or have any … Read more