In summary, time is of the essence in commercial finance due to its impact on costs, opportunities, and operational efficiency. The choice of business structure, such as an LLC, can influence how efficiently a business can navigate the financial landscape, make decisions, secure financing, and adapt to changing market conditions.

An Employer Identification Number (EIN), or Federal Tax Identification Number, is a unique nine-digit number issued by the Internal Revenue Service (IRS) to identify businesses and other entities for tax purposes. It's basically like a Social Security Number (SSN) for businesses. Everyone needs one! This is needed for commercial financing!