Re:Earnest Capital is live
by ivalm on Wednesday February 13, 2019 @01:23PM
(#19155299)
If the loan in to the LLC then the loan would also go away if the company fails. The difference is primarily the deferred payments in case of non-profitability.
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Re:Earnest Capital is live
by bklyn11201 on Wednesday February 13, 2019 @02:19PM
(#19155858)
Acquiring a commercial loan to your LLC with reasonable rates without a personal guarantee is extremely difficult. In all likelihood, a small business is going to have to make a personal guarantee to borrow money.