Colorado Springs, Colorado Business Loans
Colorado Springs business Lenders
Colorado Springs, Colorado In 1871 the Colorado Springs Company laid out the towns of La Font (later called Manitou Springs) and Fountain Colony, upstream and downstream respectively, of Colorado City.Within a year, Fountain Colony would be renamed Colorado Springs, and was officially incorporated
Today Colorado Springs, Colorado is the 2nd most populous largest city state of Colorado.
In 2014 in Colorado, strong gains in energy and tourism and a continued flow of people into the state are causing economists to up the ante.
Colorado is on track to add 68,000 net new jobs this year rather than the 61,300 the Colorado Business Economic Outlook in December predicted it would gain, according to a midyear update from the University of Colorado.
Oil production in the state last year set a record of 64 million barrels and contributed $6 billion to the state economy, surpassing the value of natural gas production.
The biggest unexpected employment gains, however, are coming in leisure and hospitality, which has added 13,000 jobs on a year-over-year basis in May compared with the annual gain of 7,500 the Outlook predicted in December.
"It is largely tourism-driven, on the accommodations side,"
Other areas with stronger-than-expected hiring are professional and business services, health care, and local and state governments.
Colorado Springs area business in need of working capital and a business loan can benefit from speaking to a finance specialist at Omega Funding.