🚨LLC/Business structure 2025 update🚨

I’ve been getting familiar with the business funding space and there are a few outdated/burnt out methods there are still floating around that people should be aware of. The first is the NAICS code you should choose for your business, the NAICS code is very important because this is used by the banks/lenders to determine whether your business is low risk or high risk in regards to funding. The most common one people have been using for years is CONSULTING but this is now becoming high risk due to the large amount of defaults in this particular industry, instead of CONSULTING 🙅🏾‍♂️ , use EDUCATION or TRAINING ✅ ,these are low risk (there are others also) and enables you to secure higher amounts of capital. Also be mindful of using REGIS & OPUS 🙅🏾‍♂️for your virtual addresses these are now starting to become flagged by banks/lenders because they want to be able to find who they are lending to, instead try to find a local commercial address near you that’s more under the radar and you can use these as your virtual address. This is 2025 updated information from reputable sources that will give you a higher success rate with getting funding for your business, now let’s get the bag!! 🎯

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