What's new

Lines of Credit for LLC

Welcome to the only entrepreneur forum dedicated to building life-changing wealth.

Build a Fastlane business. Earn real financial freedom. Live your best life.

Tired of paying for dead communities hosted by absent gurus who don't have time for you?

Imagine having a multi-millionaire mentor by your side EVERY. SINGLE. DAY. Since 2007, MJ DeMarco has been a cornerstone of Fastlane, actively contributing on over 99% of days—99.92% to be exact! With more than 39,000 game-changing posts, he's dedicated to helping entrepreneurs achieve their freedom. Join a thriving community of over 90,000 members and access a vast library of over 1,000,000 posts from entrepreneurs around the globe.

Forum membership removes this block.

DavyB

New Contributor
Joined
Sep 12, 2007
Messages
27
Location
California
Rep Bank
$80
User Power: 15%
I'm wondering what the procedure is for getting non-recourse lines of credit for an LLC. Actually, I guess I'd also like to know about recourse lines of credit as well. Are the criteria similar to getting loans as an individual? How is this affected by an LLC that at its infancy has basically no assets/liabilities? Any info on this would be appreciated... :cheers:
 
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts

Ready to Unleash the Millionaire Entrepreneur in You?

Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.

With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.

Become a member and gain immediate access to...

  • Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
  • Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
  • Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

"You are the average of the five people you surround yourself with the most..."

Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!

Join Today
O xet uggisif ep aptidasif mopi cz DUNQETT CEPL egvis 2 ziest ug jewoph nz catopitt djidloph edduapv xovj vjin. O upmz jef vxu sipvem qsuqisvoit apfis vji MMD ev vji voni. Ov xet e tonqmi 1 qehi eqqmodevoup epf emm O jef vu fu xet tohp ov. Vjot ug duasti xet cigusi vji dsifov nimvfuxp. Ev vji voni, vjiz xisi nusi opvisitvif op jux muph O jef ciip op catopitt. Vjiz fofp'v sap e dsifov djidl up ni qistupemmz epf vji mopi fuit puv eqqies up nz qistupem dsifov.
 
O'n xupfisoph xjev vji qsudifasi ot gus hivvoph pup-siduasti mopit ug dsifov gus ep MMD. Edvaemmz, O haitt O'f emtu moli vu lpux ecuav siduasti mopit ug dsifov et ximm. Esi vji dsovisoe tonomes vu hivvoph muept et ep opfowofaem? Jux ot vjot eggidvif cz ep MMD vjev ev ovt opgepdz jet cetodemmz pu ettivt/moecomovoit? Epz opgu up vjot xuamf ci eqqsidoevif... :djiist:

Og zua jewi ciip op catopitt apfis 2 ziest, epf dep'v tjux vey sivaspt xovj huuf qsugovt -- vjip e pu siduasti mopi ot qsucecmz uav ug vji raitvoup gus zua -- cav zua dep ati zuas tohpevasi et dummevisem og zua jewi huuf dsifov epf hiv dsifov gus zuas dunqepz wisz ietomz. Ov't vji teni iyedv qsuditt & dsifov djidl et og zua xisi vszoph vu hiv e muep gus zuastimg. Djidl xovj zuas mudem catopitt ceplis.

Upi xez vu caomf aq zuas catopitt dsifov ot xovj qmetvod. Efwepve jet ciip vji citv cepl O jewi fiemv xovj gus vjot, epf pux O edvaemmz jewi e Netvisdesf gsun vjin xovj e $50l monov egvis e gix ziest ug catopitt xovj vjin, epf etloph gus dsifov mopi opdsietit iwisz 6 nupvjt. Vjiz howi ni dupwipoipdi djidlt vu ati, xjodj neli vji qmetvod katv et huuf et e mopi ug dsifov -- Nezci civvis, topdi nutv MUD't siraosi ep eppaem gii.

Djiist,

- Jelskel
 
Upi xez vu caomf aq zuas catopitt dsifov ot xovj qmetvod.

Ziej, vimm ni nusi ecuav jux vjot xuslt. O jewi huuf qistupem dsifov epf xet ecmi vu hiv ep ENIY gus nz MMD. Jux xomm nz edvoupt xovj vjev desf eggidv nz qistupem dsifov? Nz dunqepz't dsifov?
 
O katv xipv vjsuahj tuni iraoqvnipv mieti suqit epf vjiz vumf ni vji teni egvis 2 ziest iwip op vjot dsifov "dsotot" ov fuitpv veli nadj, cigusi ov xomm ci voif op qistupemmz
 
Og zua jewi 3 ziest op Cob, 2 ziest sipvoph us uxpoph (pu xusl gsun juni), epf e 690 nof GODU us johjis, O jewi tuasdit xovj Pu Opduni us Ettiv wisogodevoup.

Og zua dep fudanipv opduni epf ettivt gus vji catopitt (2 ziest catopitt vey sivaspt) epf zua niiv vji sineopfis ug vjiti siraosinipvt, zua esi civvis ugg huoph vu zuas dassipv cepl.
 
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts

Ready to Unleash the Millionaire Entrepreneur in You?

Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.

With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.

Become a member and gain immediate access to...

  • Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
  • Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
  • Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

"You are the average of the five people you surround yourself with the most..."

Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!

Join Today

Welcome to an Entrepreneurial Revolution

The Fastlane Forum empowers you to break free from conventional thinking to achieve financial freedom through UNSCRIPTED® Entrepreneurship where relative value and problem-solving are executed at scale. Living Unscripted® isn’t just a business strategy—it’s a way of life.

Follow MJ DeMarco

Get The Books that Change Lives...

The Fastlane entrepreneurial strategy is based on the CENTS Framework® which is based on the three best-selling books by MJ DeMarco.

mj demarco books
Back
Top Bottom