One of the many misunderstood aspects of commercial lending is the impact that your chosen industry can have when applying for a loan. Especially as it relates to the unsecured space, your particular type of business is often the first thing a lender will consider.
That's good news for among others, dentists, physicians, restaurants, furniture stores, plumbing & HVAC contractors, and nail salons. Not so good for automobile dealers, payroll companies, attorneys, notaries, personal trainers, funeral homes, non-profits, and on and on...
The reasons are many and varied - from the potential negative pushback of a vice industry (adult entertainment, gaming, drug dispensaries) to the positives of heavy cash flow businesses like hair stylists, grocery stores, and local bodegas.
This is certainly not to say that you won't qualify for financing if you are in a restricted industry, but there is absolutely a difference between a "preferred industry" and a "restricted" one.
If you are unsure as to where your industry falls on this spectrum, call your lender, because one of the incredible aspects of commercial lending is that each loan is truly looked at unto itself, case by case, and not just as a component of a loan pool or just another loan request that needs to be stuffed into a predetermined box.