How do I add my Business Name to my existing Lili account?

If you would like to add your DBA or Single-Member LLC name to your new or existing Lili account, you might be asked to provide Lili with documentation.

For a DBA, one of the following is required:

  • DBA Registration Form
  • Fictitious Name Registration
  • Assumed Name Certificate
  • Trade Name Statement/Certificate

For a Single-Member LLC, please note that we require your business to have an EIN number from the IRS and to be registered with your state's Secretary of State. In some cases, we might need to receive your IRS EIN letter (see below an example of this document). 

To upload the documents through the app, do the following:

  • Go to the Main Menu
  • Go to Settings
  • Personal Details
  • Under the Business Name, choose the Add option to add your business documentation

You can also tap here when viewing from your mobile device and it will take you directly to the Add Business Name screen. 

Once approved, you will be able to deposit checks and receive payments on behalf of your business. 

Once your request is approved, you will receive a push message with the approval.

 

Single-Member LLC Documentation Example: 

The EIN letter is provided to you by the IRS following your request for an Employer Identification Number. Here is an example of the IRS EIN letter:

IRSEINLtr.png

 

 

Lili is a technology company and not a bank. Banking services are provided by Choice Financial Group, Member FDIC. The Lili Visa® Business Debit Card is issued by Choice Financial Group, Member FDIC, pursuant to a license from Visa U.S.A.