Four LLC mistakes that get you denied for funding: using a personal cell phone instead of a business number like FreedomVoice, a Gmail address instead of branded email through Google Workspace, your home address instead of a virtual one from Alliance Virtual Office, and not knowing your NAICS code, which tells banks your risk level.
Never, ever make these four mistakes when starting your llc, or else the banks won't take you seriously. Mistake number one connecting your personal cell phone number to your LLC. Instead, go to freedomvoice.com and get a 1-800-business number. Mistake number using a regular email like at the rate gmail.com these are red flags to banks, so instead go to Google Workspace and get a business email that says infoyour business name.com. mistake number three using your home address on your LLC. That's public information, and banks see it as unprofessional. Instead, use a virtual business address from Alliance Virtual Office and have your mail sent to your business address and then forwarded to your home address. Mistake number four not knowing your NAICS code. The code tells banks if you're high risk or low risk, and if you're high risk, you're not getting approved for any funding. Follow for more value.
