reply
by a lender
3mos ago
from Eastern Illinois University
in 900 E Diehl Rd, Naperville, IL 60563, USA
^redacted thank you for the tag. If real estate is involved, lenders are going to require environmental reports on the real estate. If the business is high risk for producing impacts to the real estate, then the type of testing is likely to be more thorough.
If the business performs operations that are higher risk and there is no real estate related to the transaction, then the lenders are usually less worried. They will want to be sure adequate insurance is in place and that management has the technical expertise to manage the risks. Some lenders might shy away from the industry due to the higher risks. But in general so long as the proper management and insurance is in place, the lenders will still fund those deals.