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Updated almost 4 years ago,
Commercial Loan for an LLC Startup
Very new to BP (so be gentle).
Can someone educate me on obtaining a commercial loan for an LLC that is new?
I am wanting to establish my LLC as the workhorse for investing but at current time that LLC has no net income (but would after purchase of property).
Looking at putting 25-50%down on purchase price.
Is this something that is possible or am I reaching for straws?