What is a partnership?

A partnership is a business owned by two or more people. It’s based on an agreement between partners that defines how the business works. This usually includes each partner’s ownership share, how profits and losses are split, and roles and responsibilities

To apply for a Novo account as a partnership, we'll need your:

Partnership Agreement – This document is the main contract between partners explaining how the business operates and how partners work together.

Certificate of Partnership – This is the state-filed document used to register certain types of partnerships (like limited partnerships). Since requirements vary by state, be sure to check your state’s requirements to make sure your document is valid before applying.

VValid government-issued ID
Proof of address (like a utility bill or lease)
Social Security number (SSN)
Employer Identification number (EIN)
We'll also need some information about the owners:
Ownership details for all owners
Contact information for all owners