I’m trying to understand whether it’s actually possible to purchase or finance a vehicle for my business using my LLC and its EIN instead of my personal SSN. I’ve heard a few people claim they’ve done this without putting any money down, but it sounds a little too good to be true.
A coworker was telling me he managed to get a brand new work van strictly through his LLC with no personal credit involved, which made me curious how realistic that actually is. Has anyone here successfully bought or financed a vehicle this way?
Trying to separate fact from hype before I waste time chasing something that isn’t possible.
I need to get a truck for my landscaping business and wanted to see if there was a way I could get the truck on my LLC’s credit profile. My LLC is 5 years old and is in good standing, I submit the annual report every year.
submitted by /u/DisturbGamer45
[link] [comments]