To get business credit, avoid making this mistake 👇 When you transfer or move money from your personal account to your business account, it’s important that it’s documented correctly. ✅ Instead of letting it show up as business income, make sure you have an LLC Loan Agreement in place. This way, the money is recorded as a loan investment into your business, not income. Why does this matter? - If it’s counted as income, it can mess with your books, inflate your revenue, and create unnecessary tax issues. - When it’s set up as a loan, it shows that you’re investing in your company properly. helping you build credibility and structure for lenders when applying for business credit. 💡 Millionaires don’t just move money… we move strategically. 👉 Drop a “💎” in the comments if you’ve learned something new today.

If you want to buy or lease a vehicle under your business name, these companies are known for offering business auto financing that may allow approval using your EIN instead of your personal credit, depending on your business history. 1. Crest Capital Offers business-use vehicle financing for trucks, vans, and specialty vehicles. Great for established businesses. 2. Bank of America – Business Advantage Auto Loan Provides business auto loans for companies needing vehicles under their business name. 3. Navitas Credit Corp Finances commercial and specialty vehicles under business credit. 4. Commercial Fleet Financing (CFF) Known for fleet and commercial vehicle loans, commonly used by trucking, logistics, and service-based businesses. 5. Ally Commercial Finance Offers business auto financing and leasing. EIN-only approvals are possible for well-established companies. Important Notes: - EIN-only approval is not guaranteed, lenders look at your business credit, revenue, and financial history. - Some lenders may still require a personal guarantee unless your business is strong on its own. - Documentation matters: clean financials, business bank statements, and proof of business use strengthen your approval chances.

I’m in the very beginning stages of trying to start my Adult Daycare Business and I don’t know anything about funding or business or anything lol. I’m just stepping out on faith for 2026 and sticking my toes in to learn all that I can so I gain capital, get a location and everything else I will need ☺️