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Updated over 10 years ago,
LLC's and Financing
Rookie question time. So, I have been poking around this site for a while and decided to sign up, because I cannot get my head wrapped around something. I understand how LLC's can benefit/insulate an investor if structered properly. In my area almost every bank/credit union/etc specifically states they will not lend money to an LLC. So, why even bother? It seems the financial system is structered (largely) to defeat this type of setup.