WE'VE MOVED!
We are proud to announce our NEW community destination. Engage with resident experts and fellow entrepreneurs, and learn everything you need to start your business. Check out the new home of StartupNation Community at startupnation.mn.co
We are proud to announce our NEW community destination. Engage with resident experts and fellow entrepreneurs, and learn everything you need to start your business. Check out the new home of StartupNation Community at startupnation.mn.co
changing from a DBA to an LLC
TRUCKER
subscriber Posts: 1
We are currently going through a reorganization of out trucking company. We were a DBA and now we plan to become an LLC. My question is how do transfer start up funds from the DBA checking account to the LLC checking account.? Can I do directly or do I have to transfer funds to me personnally then to the LLC as a personal loan.? I wil have both accounts open because the LLC will be leasing the equipment from the DBA( the DBA will continue to pay the notes on the bank loans for the equipment}
Any thoughts will be appreciated Thank You
Any thoughts will be appreciated Thank You
Sign In or Register to comment.