Get a Massive EIN Only Business Loan from Harrish Bank

TLDRLearn about the new EIN only business loan from Harris Bank, offering $1 million with a minimum FICO score of 560 and no personal guarantee. Discover the requirements and steps to apply for this loan.

Key insights

💼Harris Bank is a trusted financial institution and a subsidiary of Canada's Bank of Montreal.

🏦The loan offers $1 million with a minimum FICO score of 560 and no personal guarantee.

💡To qualify, you need an EIN (Employer Identification Number), a business structure (LLC, LP, S Corp, or C Corp), and proper compliance.

💳Ensure you have business bank accounts, business credit cards, and a solid business plan.

Consider setting up accounting, working on your business credit, and checking your business credit score.

Q&A

What are the requirements to qualify for the EIN only business loan?

To qualify, you need an EIN, a business structure (LLC, LP, S Corp, or C Corp), and compliance with licenses and permits.

Is personal guarantee required for the loan?

No, the loan does not require a personal guarantee.

What is the APR and term for the loan?

The loan offers 7.65% APR on average and an eight-year term.

Do I need a business credit card for the loan?

Having a business credit card is recommended but not mandatory.

Is a business plan necessary for the loan?

Yes, having a business plan is important, regardless of being a startup or an established company.

Timestamped Summary

00:00Introduction to the EIN only business loan from Harris Bank

02:08Requirements to qualify for the loan: EIN, business structure, compliance

03:43Importance of business credit score and tips to improve it

06:00How to contact a Harris Bank banker and the questions to ask

09:14Overview of the loan options and repayment terms