All Forum Posts by: Adam Bartling

@Dezso Kovi from an Lender point of view and former business owner. The LLC is easier to lend and establish. So your business will be started with no existing cash flow so LLC is a great option. It does not matter how many members of the LLC you have, until the business makes $ they personal guarantors will be liable. Meaning for a new LLC the FICO scores of your members matter and their cash reserves. I know some large clients whom still operate under an LLC. When you consider you have double taxation on a Corp, why would you do it if you do now have outside investor capital ( stock holders)?

Also with an LLC we can lend to the LLC as long as 1 member with over 30% ownership has a 700+ credit score. Hope this helps......LLC for the WIN!

2@Account Closed other option? maybe take on a partner or invest in a larger project as a passive investor?  

I have a lender but you are going to need cash flow.  Established business with cash flow, not a start up.  Hope you find what you are looking for.