N.C. Today: Raleigh, Charlotte make list of best cities for entrepreneurs
Consumer-finance website NerdWallet.com released its second annual list of the Best Cities to Start a Business.
Raleigh came in at No. 4 on the list, while Charlotte was No. 18.
Small-business lending is increasing. San Francisco-based Wells Fargo & Co., which claims the second-highest percent of the retail-banking market share in North Carolina, announced a new initiative last week to loan small businesses $100 billion by 2018.
Criteria used in the ranking included access to funding, local economy and affordability.