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LLC loan type. Minimum credit score. Advantages. Disadvantages. Term loan. 550. Lump sum up front. Repayable over a set period. Available at most financial institutions
An LLC loan is a small business loan for a limited liability company (LLC). It can be used in many ways, including to cover inventory, payroll, equipment, supplies and other operating or expansion ...
The best LLC lenders offer competitive interest rates paired with good customer service and plenty of loan options. Compare your choices from at least three to ensure you’re choosing the right ...
Loan type. Typical amount. Purpose. How it works. Term loan. $1,000 to $1 million. Highly versatile; can be used for equipment, real estate, working capital and more
How much does an LLC cost. LLC costs can vary. Each state charges a fee to file an LLC’s articles of organization. While most states keep filing fees between $50 and $200, an LLC filing fee is ...