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Updated about 5 years ago,
Do you have more than one bank for your LLC?
Hi!
When starting out, would it be better to get two business bank accounts (with credit cards) to increase your business credit and have access more money?
I’ve looked at Chase, Suntrust (Soon to be Truist after the BBT merger), Wells Fargo and BofA.
I’ve learned that I will need at least two years before I can apply for a business line of credit. I do have a healthy credit score and was wondering if I opened two accounts and applied for two cards on the same day, it would help me to have more access to my own capital.
Is this discouraged? Or has anyone ever done that to start?
Thanks.