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Updated over 6 years ago,
Bank Recommendations for Business Checking/Credit Account
I am starting my new LLC in which I run Airbnb properties in a variety of ways:
- Owning property/placing on Airbnb
- Managing other peoples properties on Airbnb for a %
- Renting property/placing on Airbnb
My LLC has been created and now I'm ready to set up a business checking account. I'm considering other instruments as well, such as business credit card, line of credit, etc... (I assume I could attempt a personal line of credit as I am aware a business line of credit requires profits for a specific time in the past)
I have banked with Wells Fargo for years and had planned to meet with them to discuss all of this, but I would love to get recommendations for other banks, big or small, even credit unions....specifically ones that are in the Phoenix, Arizona area. Let me know if you have had any experience with business accounts with banks in the area. Thanks!