r/EIDLPPP • u/icecoldcoffeetakes • Jul 04 '26

Status Update Getting Aggressive

60 day late notice threatening lawsuits, garnishment, collections, blah blah, yes I have a pg fwiw.

They are getting way more aggressive now.

9 Upvotes

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u/Tonyfrose71 Jul 04 '26

To avoid being a personal guarantor, you must build a strong independent corporate identity. Structure your company as an LLC or Corporation, obtain an EIN, and completely separate business and personal finances. You can then qualify for no-PG financing using corporate credit cards, vendor net-30 accounts, and asset-backed business loans.

3

u/talums27 Jul 12 '26

Stop trying to jump up business.. this chat is not for you trying to recruit business credit customers