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"Sole proprietor" is a real thing that many B2B services deal with by throwing your application in the trash.

Yes, you can go get a personal loan, or a retail banking account, or a personal payment processing account, but as I said, you're going to be locked out of a lot of B2B products.

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Sure. If you absolutely need one of those services then you do the thing. Most of the time there are alternatives, IME.

Example, since you edited to add examples: I have several business bank accounts and far too many Stripe accounts all registered as sole prop. I haven't had to take a loan but I do have a sole prop credit card. My understanding is that even with an LLC a bank is going to require a personal guarantee for a loan.

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