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What Is Industry Risk in Lending?

tillful

When you apply for a business loan , the lender is going to consider a variety of factors including your credit score, annual revenue, time in business, and industry risk. During the initial credit application, lenders will often ask you to select your industry from a dropdown menu of business categories.

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State of Small Business Lending: Spotlight on Women Entrepreneurs

Fundera

Are there substantive differences in categories like credit score, annual revenue, and industry? While women are less likely to receive business credit than men, the difference is marginal: roughly 32% of women business owners are approved for credit, versus 35% for male entrepreneurs. of companies in 1972.