93 Search Results
93 Search Results
https://www.sofi.com/learn/content/forming-an-llc-in-georgia/
If you’re thinking about launching a small business in the Peach State, you may want to structure it as a limited liability company, or LLC. In that case, you’ll first have to manage the formation process. Here’s how to form an LLC in the state of Georgia. Key Points • Choose a unique name for your […]
https://www.sofi.com/learn/content/creating-an-llc-in-illinois/
Small businesses are thriving in Illinois. In 2023, businesses with fewer than 20 employees created 74% of jobs in the state. Creating an LLC in Illinois for your new business requires just a few steps and comes with a number of potential tax benefits. If this business structure sounds like the right fit for you, […]
https://www.sofi.com/learn/content/what-is-debt-financing/
Debt financing is when you borrow money to finance your business and then pay it back to the lender (plus interest) over time. It differs from equity financing, which involves bringing in investors who provide financing in exchange for an ownership stake in your company. Examples of debt financing include traditional bank loans, credit cards, […]
https://www.sofi.com/learn/content/first-time-business-loans/
Many business owners use financing at some point, whether it’s to help them launch their companies or to fund expansion further down the line. No matter what stage your business is at, however, applying for your first business loan can feel overwhelming and intimidating. While there’s no one-size-fits-all solution to getting a first-time business loan, […]
https://www.sofi.com/learn/content/what-is-equity-financing/
Both equity and debt financing can give you the funding you need to grow your business, but they work in very different ways. With equity financing, you sell shares of your company to investors to raise capital. If you use debt financing, you borrow money from a bank or other lender and pay it back […]
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