How can I get the financial statements for an LLC?
I am applying for a job by an LLC and I would like to check their financial statements to see if they have too much debt and if they have rising and steady earnings.
- 1 decade agoFavorite Answer
If it is public company check on yahoo finance.
If it is a private company you are out of luck to check the financial statements, with a few exceptions. State banks have to send many reports to the state and some of these reports are available.
Now, there are a few things you can do to check up on a business. I will give you a few suggestion on areas to look into:
- look up any "secured" debt they have, UCC filings at county clerk office is one type
- buy the D&B report, it lists some kinds of debt, not sure what the cheapest source is
- look them up on BBB (it's free!)
Otherwise, that is kinda why it's called a private business and not public. The major information on the business is mostly private.