Typically, these are profitable businesses that can easily obtain assets, have repeat customers, or sell essential items. Low-risk industries are generally businesses that don’t experience much market volatility and are not in danger of heavy losses, damages, or being sued.
Some of the most lendable SIC code industries include construction, transportation, manufacturing, wholesale, distribution, and medical. As long you can show consistent monthly revenues, brick-and-mortar businesses like bicycle shops, car washes, florists, gift stores, pet stores, photos studios, and sporting stores would also be considered low risk.