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.
This guide is part of our full library on Business Loans. Start there for the complete lineup, then come back for the deep dive on your situation.
Last updated · Reviewed by Cody Dreis
50+ Lenders|Funding in as little as 24 hours
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.
Apply for Funding
No obligation · Initial inquiry doesn't impact credit · Takes about 10 minutes
Written by
Cody Dreis
Founder, Quordx Capital
Read full bio
Related articles
More on this topic from the Quordx Capital library.
Keep exploring business loans
Important Disclosures
Quordx Capital is a business funding broker, not a lender. We facilitate introductions between U.S. small and medium-sized businesses and lenders or capital providers in our network. All credit decisions, funding amounts, rates, fees, repayment terms, and timelines are determined solely by individual lenders based on their own underwriting criteria.
Funding figures and timelines shown on this page are illustrative and represent ranges within our lender network, they are not guarantees and individual outcomes may vary based on business profile, industry, time in business, revenue, credit history, and lender availability. Not all applicants qualify for every product.
The initial inquiry does not impact your personal credit score. Some lenders may perform a hard credit pull during underwriting; Quordx only authorizes such checks with your specific consent for the lender presenting an offer. Applicants are protected under the Equal Credit Opportunity Act (ECOA) from discrimination based on race, color, religion, national origin, sex, marital status, age, or because all or part of an applicant's income derives from any public-assistance program.
This Site is intended for commercial, business-purpose financing for U.S. businesses only. Not available for consumer loans, residential mortgages, or owner-occupied real estate. Quordx may receive compensation from lenders when applications result in funded transactions. This does not change the rate, fee, or terms offered to you. See our Advertiser Disclosure for details.
By submitting an application or contact information, you consent to be contacted by Quordx and its lending partners via phone, text, and email, including by automated means, regarding your funding inquiry. Consent is not a condition of receiving funding. Message and data rates may apply. Reply STOP to opt out. See our Privacy Policy and Terms of Service.