- September 19, 2018 at 5:15 am #189012
Enjoyed reading your article. You have highlight the under to be the highest-risk SIC classification.
Was wondering if you know what the top 5-10 low risk classifications might be?
The following are the 5 highest-risk SIC classifications:
Real estate investing and other types of investing
RestaurantsSeptember 19, 2018 at 5:18 am #249716
Dock David TreeceModerator
Thanks for the question. Based on our research, some of the industries that are typically associated with “safer” SIC classifications include the following:
Obviously, these can vary on a case-by-case basis. While SIC codes can impact your business credit score, they aren’t the only factor in determining whether you qualify for financing. For more information on how SIC classifications can impact your business credit, be sure to check out our article here: https://fitsmallbusiness.com/business-credit-report/
Hope this helps,