Business Lenders Denver Colorado

Denver City was founded in November 1858 as a mining town during the Pikes Peak Gold Rush.

Today Denver, Colorado is the largest city and the capital of the U.S. state of Colorado.

Denver is nicknamed the Mile-High City because its official elevation is exactly one mile or 5,280 feet (1,609.344 m) above sea level, making it one of the highest major cities in the United States

The Denver MSA has a gross metropolitan product of $157.6 billion in 2010, making it the 18th largest metro economy in the United States.

But 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.



Denver area business in need of working capital and a business loan can benefit from speaking to a finance specialist at Omega Funding.

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