Types of Small Businesses That Receive The Most Funding
Any business can be in need of additional funding at some point. If you’re interested in business financing such as alternative business loans to move the wheel in the right direction, you’re at the right place.
Small Business Lending: Alternative Business Loans
Almost any small business can get a loan with more or less difficulty based on whether they’re low or high risk. However, certain businesses have better chances to get approved for the most funding.
According to a well-known online loan broker’s “State of Small Business Lending Report 2020,” the top business types that were eligible for more funding compared to others last year, include:
- Retailing Electronics
- Auxiliary Health Services
- Physicians/Doctors Office
- Strategy/General Consulting
- Manufacturing Other Merchandise
- Software Development
- Hotel, Motel, Lodging
By the way, credit scores were the reason why 36% … Read More