Business & Tech

Providence The 7th Most Trustworthy City For Business In US: Survey

More than 3,000 small business owners were surveyed and Providence finished seventh in the country, according to Advance Funds Network.

A recent survey revealed Providence is the seventh most trustworthy city in all of America when it comest to doing business.

Advance Funds Network, a direct business loan lender, surveyed 3,013 small business owners to identify which cities are home to the businesses with the best reputations for paying invoices on time.

"For small business owners, getting paid on time can feel like the wild west," Advanced Funds Network said in a media release.

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"Some clients drag their feet on payments, others dispute invoices after the work is done, and a few simply default altogether," the release said. "For many businesses, these delays can mean the difference between thriving and shutting their doors."

Find out what's happening in Providencefor free with the latest updates from Patch.

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Providence placed ahead of Chattanooga, Tennessee, and behind Salem, Oregon. Here's what Advance Funds Network had to say about the town:

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"Rhode Island’s capital blends New England polish with small-town responsiveness. From design studios to universities, local businesses maintain well-oiled billing systems that keep partnerships smooth."

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Clarksville, Tennessee, was the most trustworthy city of all, according to Advance Funds Network, followed by Glendale, California, and Vancouver, Washington.

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