
What Capital and Cash Partners Need to Know About Capital Accounts If you want to borrow money to help start your business, when you go to a lender, they will want to know you are invested in your new venture. Opening and maintaining a capital account proves to lenders that you have a stake in your business and you and your capital and cash partners aren’t likely to borrow money and not pay it back. Whether you are planning to establish a business as a sole proprietorship or a limited liability corporation, it makes sense to begin contributing to a […]
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