Tag Archives: Codes

In Just a Few Minutes of Your Time, Learn All About Avoiding Risky NAICS Codes

News & Updates, , , , , , , , Heather Bush

What are NAICS Codes? And how can they affect if you can get funding? We tell you all about NAICS Codes. They could be the difference between getting business money or not getting any money. NAICS Codes: Some Background Federal statistical agencies use the North American Industry Classification System (NAICS) . The idea is to … Continue reading In Just a Few Minutes of Your Time, Learn All About Avoiding Risky NAICS Codes →

High Risk NAICS Codes

News & Updates, , , Ruby Buckley

What are High Risk NAICS Codes? High risk NAICS codes can be the difference between getting business funding … or not. But what are they? What Do High Risk NAICS Codes and Names Have to Do with Funding Denials? There are certain industries that are perceived by lenders as extra risky. If your business appears … Continue reading High Risk NAICS Codes →

Standard Industry Classification Codes in a Recession – Which Get You Denied?

News & Updates, , , , , Geraldine Hopkins

Standard Industry Classification Codes in a Recession – Which Will Get a Business Funding Denial? Do you know which Standard Industry Classification codes in a recession will get you denied? A Standard Industry Classification – SIC Code – may or may not be vital for SBA Paycheck Protection Program funding. Yet it is certainly important … Continue reading Standard Industry Classification Codes in a Recession – Which Get You Denied? →

Risky SIC Codes in a Recession: The Ugly Truth of Risk and Skittish Lenders

News & Updates, , , , , , , Pedro King

Risky SIC Codes –Will Your Business Be Denied Funding? All businesses can potentially have problems getting loans during a recession. This is the nature of an economic downturn – funding tends to dry up. Higher-risk businesses have problems even in the best of economic times. But when you put them both together, you get risky … Continue reading Risky SIC Codes in a Recession: The Ugly Truth of Risk and Skittish Lenders →