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2. LLC vs. Corporation - AOL

   www.aol.com/finance/llc-vs-corporation-203712316...

   Generally, forming an LLC is cheaper and easier than forming a corporation. ... LLCs and C corps both have benefits, but LLCs beat C corps in terms of simplicity, being easier to form and being ...

3. Limited liability company - Wikipedia

   en.wikipedia.org/wiki/Limited_liability_company

   v. t. e. A limited liability company ( LLC) is the United States -specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation. [1] An LLC is not a corporation under the laws of every state; it is a legal form ...

4. Low-profit limited liability company - Wikipedia

   en.wikipedia.org/wiki/Low-profit_limited...

   Corporate law. A low-profit limited liability company ( L3C) is a legal form of business entity in the United States. [1] Commonly referred to as a hybrid structure, it has characteristics of both for-profit and non-profit entities. [1] L3Cs were created to comply with the Internal Revenue Service (IRS) program-related investments (PRIs) rules ...

5. Limited liability partnership - Wikipedia

   en.wikipedia.org/wiki/Limited_liability_partnership

   A limited liability partnership ( LLP) is a partnership in which some or all partners (depending on the jurisdiction) have limited liabilities. It therefore can exhibit aspects of both partnerships and corporations. In an LLP, each partner is not responsible or liable for another partner's misconduct or negligence.

6. What makes an LLC loan different than a regular small ... - AOL

   www.aol.com/finance/makes-llc-loan-different...

   Personal asset protection: Your personal assets can be protected against many creditors by forming an LLC. Tax advantages: Many corporations are taxed at the business and partner level, while an ...

7. What documents are required to apply for an LLC loan? - AOL

   www.aol.com/finance/documents-required-apply-llc...

   Common documents to include with a business loan request are your business plan, financial statements, tax returns, personal financial information and collateral details. An LLC can get a business ...