3 Banks 🏦✅💵 That Will Fund Your New LLC Up to $50K
Starting your business and need funding? Don’t stress—I’ve got you. Here are 3 banks (plus a bonus) that can help you secure up to $50K to get your LLC off the ground. 1️⃣ Ameris Bank Ameris Bank is clutch for startups: • Lines of Credit: Great for covering things like inventory or payroll, with limits up to $50K. • Term Loans: Perfect for buying equipment or expanding your business, with flexible repayment options. Kayne’s Pro Tip: A solid business plan and good personal credit will help you lock in approval. 2️⃣ Langley Federal Credit Union Langley FCU is a hidden gem: • Business Credit Cards: Earn cash-back rewards with no annual fees. • Business Loans: Whether it’s equipment or a vehicle, they’ve got you covered with competitive rates. Kayne’s Pro Tip: Credit unions like Langley are more flexible and usually offer better rates than big banks. 3️⃣ KeyBank KeyBank makes funding simple: • Small Business Loans: Fixed payments make it easy to budget for growth. • Lines of Credit: Starting at $10K, these are perfect for managing cash flow. Kayne’s Pro Tip: KeyBank offers free financial consultations to help you figure out your best move. 💡 Bonus: M&T Bank Don’t forget about M&T Bank! • Overdraft Line of Credit: Avoid fees and get quick access to extra cash when you need it. • SBA Loans: They’re an SBA Preferred Lender, meaning faster approvals for government-backed loans. Kayne’s Pro Tip: SBA loans are ideal if you don’t have a ton of business credit built up yet. There you have it—straightforward funding options to set your LLC up for success. Take your time to review these options, and get the capital you need to make moves!