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Restricted Industries: What and Why They Are.

By Thomas Tramaglini, Managing Director at BRP Onesta | | | About Thomas Tramaglini

Dr. Thomas Tramaglini is the Managing Director for BRP Onesta, a company that supports small businesses. By offering a host of important and affordable services that small business owners tend to not have time to do themselves, the team at BRP Onesta can help small businesses grow infinitely. Although located in on the famous Jersey shore, BRP Onesta serves clients in all 50 states, Puerto Rico, Mexico and Canada.


Banks and lenders do not like risk. So, the riskier the industry, the harder to get business credit. So... what to do? First, know what those industries are and we will work with you through some of the barriers which will get in your way. Restricted industries (automatic decline) include:

  • Ammunition or Weapons Manufacturing; wholesale and retail

  • Bail Bonds

  • Check Cashing Agencies

  • Energy, oil trading, or petroleum extraction or production

  • Finance: (Federal Reserve Banks, foreign banks, banks, bank holding companies, loan brokers, commodity brokers, security brokers, mortgage brokers, mortgage bankers, mortgage companies, bail bond companies, or mutual fund managers)

  • Gaming or Gambling Activities

  • Loans for the speculative purchases of securities or goods

  • Pawn shops

  • Political campaigns, candidates, or committees

  • Public administration (e.g., city, county, state, and federal governmental agencies)

  • X-rated products or entertainment

​High-Risk Industries (subject to stricter underwriting guidelines):

  • Agriculture or forest products

  • Auto, recreational vehicle or boat sales

  • Courier services

  • Computer and software related services

  • Dry cleaners

  • Entertainment (adult entertainment is to be considered restricted)

  • General contractors

  • Gasoline stations or convenience stores (also known as c-stores

  • Healthcare; specifically nursing homes, assisted living facilities, and continuing care retirement centers

  • Special trade contractors

  • Hotels or motels

  • Jewelry, precious stones and metals; wholesale and retail

  • Limousine services

  • Long distance or “over-the-road” trucking

  • Mobile or manufactured home sales

  • Phone sales and direct selling establishments

  • Real estate agents/brokers

  • Real estate developers or land subdividers

  • Restaurants or drinking establishments

  • Software or programming companies

  • Taxi cabs (including the purchase of cab medallions) Travel agencies

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