Getting a loan for an LLC and building corporate credit - Forum ...

By caramel1982

A credit score is built by having lines of credit, credit accounts and trade references that report to the business credit bureaus. For most businesses it's very difficult to find a business willing to grant credit with no personal .... And , since I haven't heard anyone specifically mention it, expect to pay several points and a higher interest rate if you are borrowing for the LLC--banks take higher risks by lending to a company versus a person living in home and those ...

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