New Contributor
Posts: 132
Registered: ‎11-21-2012
Re: INC vs. LLC

Purely for business credit a Corp can carry a little more weight in getting credit.. Some actually require a PG if your a LLC no matter what but not for corps.. Like mentioned more paper work and requirements = responsibility and that equals a little less risk of default in some people's minds. And to add some states don't allow Corps to dissolve if debt is owed but a lot allow LLC's to.