NEW YORK, N.Y. -

Biz2Credit identified Detroit-Dearborn as the second-best city for small businesses in America. Biz2Credit analyzed factors including average revenue, age of business, average credit scores and other financial data to determine the rankings.

"Detroit scored surprisingly well, in large part because of the auto industry’s rebound and the growing technology sector in the area," said Rohit Arora, CEO of Biz2Credit and one of the nation’s leading experts in small business finance.

San Jose was identified as the best small business city in America.

"San Jose remains the center of innovation and new business job creation in the U.S.," Arora said.

For this analysis, Biz2Credit defined "small businesses" as companies having fewer than 250 employees or less than $10 million in annual revenues.  According to this analysis, the top-25 cities for small business in 2014 are:

1. San Jose-Sunnyvale-Santa Clara, CA

2. Detroit-Dearborn, MI

3. Denver, CO

4. Los Angeles-Long Beach-Anaheim, CA

5. San Francisco-Oakland, CA

6. Las Vegas, NV

7. New York metro area

8. Atlanta, GA

9. Washington, DC metro area

10. Miami-Fort Lauderdale-West Palm Beach, FL

11. Riverside-San Bernardino, CA

12. Tampa-St. Petersburg, FL

13. Sacramento, CA

14. Indianapolis, IN

15. Houston, TX

16. Chicago, IL

17. Portland, OR

18. Dallas-Fort Worth, TX

19. Phoenix-Scottsdale, AZ

20. Charlotte, NC

21. San Antonio, TX

22. Seattle-Tacoma, WA

23. Jacksonville, FL

24. Philadelphia, PA

25. Orlando-Kissimmee, FL

The Top 10 metro areas by annual revenue were Riverside-San Bernardino, CA; Portland, OR; Jacksonville, FL; Los Angeles-Long Beach-Anaheim, CA; and Detroit-Dearborn, MI.

"Centers of technological innovation are booming. Cities like Portland and Jacksonville are taking advantage of their slower pace, lower costs and good standard of living offered to residents," Arora said.

When sorted by credit score, San Jose was the leader. Rounding out the top 10 were Denver, Las Vegas, Los Angeles-Anaheim, San Francisco-Oakland, San Jose, New York metro, Detroit-Dearborn, Tampa-St. Petersburg, Sacramento, and Portland.

"Small businesses in areas where technology is booming ... tend to have higher credit scores," Arora said. "They are also areas with a long history of innovation and thus have well-established companies with higher credit scores."