What Type of Entity to Form for Business Credit Purposes ?

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If you already have an LLC for real estate investing and you need to know if you can use it for business credit purposes, then this article is for you!

Banks extend business credit to businesses, in the form of credit cards, and typically see any business termed “Investing” or “Credit Repair” as a red flag and will not extend business credit.

The best way to qualify for business credit is to form a separate entity for property management purposes and not for real estate investing. If you’d like to learn more about a proper name for a business entity, then watch our webinar below and apply for business credit so we answer your questions.

Watch our Business Credit Webinar Here.

 Still need help? Visit MIT Week 1 How to Find the Money Overview 

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