Is L3C an option for your business

L3C, short for Low Profit Limited Liability Company is a relatively new business entity allowed in Michigan designed as a hybrid between traditional For-profit limited liability entities and  non-profit corporations. As with a non-profit, an L3C must be formed in furtherance of some charitable or educational purpose. However, as with a for-profit entity, an L3C may have equity [...]

Is L3C an option for your business2014-10-27T15:16:04+00:00

Small Business Loans Still Difficult

 August 14, 2012 Brian Nearing Banks' continued reluctance to lend money to small businesses remains a problem with the sputtering economy in New York, according to a poll released Monday by the Federal Reserve Bank of New York. The bank's annual Small Business Borrowers Poll found seven small businesses in 10 that sought loans were [...]

Small Business Loans Still Difficult2012-08-14T11:24:54+00:00
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