Business Loans in Ohio

Ohio's economy is the seventh-largest in the nation, powered by three major metropolitan areas — Columbus, Cleveland, and Cincinnati — each with distinct economic strengths. Columbus is one of the fastest-growing large cities in the Midwest, driven by Ohio State University's research commercialization, a booming tech sector, and headquarters for major companies like Nationwide Insurance, Cardinal Health, and L Brands. Cleveland's healthcare sector, led by the Cleveland Clinic and University Hospitals, makes it a world leader in medical innovation, while the city's manufacturing legacy continues through advanced manufacturing and polymers. Cincinnati's economy centers on consumer products (Procter & Gamble, Kroger) and a growing tech and startup scene. Ohio's manufacturing sector remains among the nation's largest, with particular strength in automotive parts, steel, aerospace, and plastics. The state is also the nation's largest producer of Swiss cheese and a major agricultural state. Ohio's approximately 970,000 small businesses benefit from a competitive cost structure, central location, and extensive state support. JobsOhio, the state's private economic development organization, offers SitesOhio programs, workforce grants, and sector-specific incentives. The state's three Intel semiconductor fabrication plants under construction in Licking County represent a $20 billion investment that will transform Ohio's tech landscape.