Sales Financing in Michigan
Revenue benchmarks for sales financing businesses operating in Michigan.
#1 of 50 states+148.1% vs national avg
Average Revenue
$35.1M
per year
Businesses
85
in Michigan
Revenue / Employee
$335K
per year
Labor Cost
30.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
0.8
firms per 100K in MI
Total Revenue
$3.0B
all firms in MI
Total Employees
8,919
in MI
How Michigan Compares
National Average$14.2M
Michigan$35.1M
Difference+$21.0M (+148.1%)