Number of Sales Financing Businesses in the US (2000–2023)
As of 2023
12,088
sales financing businesses in the United States
Number of Firms Over Time
Total Employment Over Time
Key Insights
- •The sales financing industry has declined 32.5% since 2000 (from 17,905 to 12,088 firms).
- •The peak year was 2004 with 19,102 firms.
- •Recent trend (last 5 years): the industry is shrinking (-4.5%).
- •Employment: 592,994 workers in 2023 (-4.4% change since 2000).
- •Estimated 5-year survival rate: 43%.
Year-by-Year Data
| Year | Firms | Establishments | Employment | Entry Rate | Exit Rate | Net Growth |
|---|---|---|---|---|---|---|
| 2023 | 12,088 | 41,715 | 592,994 | 10.0% | 15.5% | -15.3% |
| 2022 | 12,445 | 43,117 | 687,250 | 8.6% | 10.4% | -1.7% |
| 2021 | 12,713 | 44,114 | 692,759 | 11.8% | 10.6% | +8.2% |
| 2020 | 12,673 | 43,563 | 638,802 | 9.5% | 10.1% | +5.4% |
| 2019 | 12,656 | 43,820 | 604,507 | 9.5% | 9.4% | -3.1% |
| 2018 | 12,867 | 44,091 | 627,077 | 10.1% | 9.1% | +1.6% |
| 2017 | 12,962 | 43,672 | 615,505 | 8.5% | 8.7% | -0.8% |
| 2016 | 13,323 | 43,138 | 604,947 | 12.0% | 7.4% | +4.7% |
| 2015 | 13,414 | 41,216 | 578,533 | 12.6% | 11.5% | +3.8% |
| 2014 | 13,457 | 40,725 | 561,333 | 14.1% | 10.4% | -1.5% |
Source: U.S. Census Bureau, Business Dynamics Statistics (BDS). Entry/exit rates refer to establishment openings and closings.