Worst Business for Funding

If you want business funding, here are a few business types that are the worst at the beginning of 2020:

1. Real estate investing or anything else regarding investing of any type – banks do not wish to be an investment partner – you need to approach private lenders, hedge funds  or crowd funding for this type of funding
2. Car sales
3. Adult entertainment
4. Travel industry
5. Money lending/collecting
6. Restaurants
7. Dry Cleaners
8. Transportation is getting bad due to failures of the major trucking companies over the past few years.

Electronics and Software seem to still be consistent, but keep in mind that your business plan and financials are the key to hard money lending.