Posted By: CFreasier
Correct Title for Entities - 05/31/01 01:24 PM
I am needing some help with the correct way to style loans made to two individuals who are doing business as a company. It is my understanding that, in the state of Texas, they have to be a partnership. Our loan officer is requesting the loan be in the individuals' names. Should the loan be typed in their names d/b/a the company or should it be just in the company's name with them signing as partners?
Any help is greatly appreciated!