How to Get a Loan to Start an LLC?
To get a loan to start an LLC, separate the two costs, because they are wildly different. Forming the LLC itself costs $50–$500 in state fees and takes days: you will not need a loan for that. What you are really funding is the business the LLC will run, and that is where the sequence matters.
Part of our guide to Business Loans.
Last updated · Reviewed by Cody Dreis
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The Full Answer
The order that works. First, form the LLC and get your free EIN from the IRS. Second, open a business bank account, because every lender you will ever meet underwrites from business bank statements. Third, fund the launch through the channels that actually serve new businesses: equipment financing if you are buying assets (the equipment is the collateral), SBA microloans up to $50,000 for early-stage companies, venture debt if you have equity backing, or personal-credit-based financing as a last measure, priced carefully.
Then the step most founders skip: start generating deposits. Once your new LLC shows 3–6 months of consistent revenue, standard working capital and term loan markets open up, and your borrowing options multiply at better prices.
How Quordx Helps
Quordx supports the whole arc. One free application matches your LLC, at whatever stage it is in, to the 3–7 best-fit lenders in a 50+ network, with honest cost disclosure and decisions typically in 24–48 hours.
Fund your new LLC the right way: apply free in about 10 minutes.
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Four answers about your business. No credit pull.
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No obligation · Initial inquiry doesn't impact credit · Takes about 10 minutes
Written by
Cody Dreis
Founder, Quordx Capital
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Quordx Capital is a business funding broker, not a lender. Lenders make every credit decision and set the rate, fees and terms, and not every business qualifies. Quordx may be paid by a lender when a deal funds. Full disclosures