LLC Paperwork

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Posted by Rich-CA on May 08, 2008 at 11:47:58:
In Reply to: Credit Lines Questions posted by Steven-Ut on May 08, 2008 at 10:47:56:
The paperwork you will require:
(1) LLC Articles (the papers you filed showing that they have been approved by the County - bring the original and a copy for their files)
(2) EIN assignment from the IRS (again, an original to show and a copy for them)
With a brand new LLC using either BofA, Wells, WAMU or Wachovia you can expect that they will open the following types of accounts: checking, savings, credit card. What you will not get until the companies have been in business for 2+ years is a business line of credit. You could ask them about an SBA loan, however, as these are specific to new businesses or business expansion.

Follow Ups:

Re: LLC Paperwork Steven-Ut 12:57:34 05/08/08 (3)

Re: LLC Paperwork Kazi 19:30:56 05/11/08 (1)

Re: LLC Paperwork Kazi 19:37:43 05/11/08 (0)

Personal Line of Credit Rich-CA 08:36:22 05/09/08 (0)

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