First, how are you paying yourself if not W2? Learn more about why you might loan your LLC money, the pros and cons of lending to your business, and how to do it right.Most forms may be filled out on your computer, printed and submitted for filing with the Department of State. When borrowing money from your corporation, it's important to establish a bona fide borrowerlender relationship. You need a solid business plan, good credit and the ability to give some of your own capital, ability to negotiate a lease or already have the space, etc. The Loan Management Account (LMA account) offered through Bank of America is a flexible line of credit that can be used for almost any purpose. Don't get a payday loan!