say i just started an LLC to run a delivery route. if i have my EIN number and theres a vehicle i have my eye on, how would i use the EIN to get financing?
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Beyond the credit/loan issues already addressed, having a vehicle licensed in your business name can be a real pain depending on the state. Check with your cpa, but you may be able to register it in your personal name but claim it as a business expense. Best of both worlds.
Lenders gonna want to get paid, Period. Back ground check, credit history, EIN or not. You can put the EIN number on the application form but if your a new LLC there still going to want as much info as they can get.