Timing of small business loans and incorporating

Discussion in 'Business, Careers & Education' started by Cary Grant, Aug 23, 2012.

  1. Cary Grant

    Cary Grant Senior member

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    Hey legal beagles and people with much more experience than I in this arena...

    Exploring starting my own biz- is it best to incorporate first and then manage any loan requests, etc post-inc?

    Versus pursuing loans now, incorporating later. Concerned about protecting personal finances, etc.
     
  2. VaderDave

    VaderDave Senior member

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    If you're a new business seeking loans you will almost certainly have to personally guarantee the loan.
     

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