Business credit funding changed my life. Look at this. This is a platinum American
Express card in my business's name. This credit card has no limit, I could literally
go to the Bentley dealership or the Rolls Royce dealership and buy a $300,000 car with this card.
Well I'm gonna show you exactly how I got to this level in less than a few years and how you
could do it even faster than I did. Let's go.
I'm gonna share with you my real story on business credit and
business funding, how I grew it, how I did it and how I have millions of dollars in business credit
today. I'm gonna share with you the biggest mistake that I made in my business with business credit so
that you do not do the thing that I did and I will give you my biggest lesson and my biggest
secret on what I did to get millions of dollars in business credit so that you can do it even faster
than I did. So what is business credit? First of all, you have to know that there is personal credit
before you know that there is business credit. When it comes to personal credit, there are three credit
bureaus. We have Equifax, Transunion and Experian. All of those three credit bureaus will report a
credit report of you. Basically they will give you a score based on your trade lines. So if you have
credit cards, how well you've paid them. If you have a car loan, how well you paid it, when you open the
account, how much you owe. It will give all of the information all of the debts that you have gotten
from people that report to the credit bureaus. It's a really weird system that's hard to explain and
I'm not really going to get into it because more importantly if you know that there is personal
credit, know that there's also business credit and just like personal credit, there are three
business credit bureaus. We have Experian business, we have Equifax business and we have Dunn and
Bradstreet. Dunn and Bradstreet is actually the biggest and largest credit reporting agency
for businesses. It is the major business credit reporting agency because it's the oldest, it's the
juggernaut and it's what most people report to when they're looking at business credit.
And so when it comes to business credit, there is amazing opportunities that do not exist with
personal credit. Oftentimes with personal credit as you use your credit cards, your credit score will
drop. Trust me, this happened to me however when it comes to business credit, they are looking at
things totally different. They're not looking at how you use your credit per se and if you are
close to your limits, they are looking how well you pay back your business because again businesses
run on debt. They have lots of debt, they have lots of lines of credit, they usually do not pay all
their debts off, they keep those going and that's an expense in the business. So, it's two completely
different worlds when it comes to credit and this is what you need to learn because I gotta get you
off of the personal credit track and onto the business credit card track so that you can get
those American Expresses real fast. Let's talk about that. So, I started investing in real estate
when I was 20 some odd years old. I started with a full-time job, I was working a full-time job and I
was flipping houses. It was 2001, 2002, I lived in Atlanta, Georgia, I was young and I was dumb. So
when everything crashed in 2008, 2009, I ended up back in my parents basement living in Connecticut.
I thought I knew what I was doing because i had flipped houses but obviously, I did not.
When everything crashed, I never learned how to actually do it so I lost everything in the process.
Well it was a great experience for me because when I was in my parents basement, that's when I learned
all of these things that I'm teaching you guys now, especially the thing about credit. Like I said,
when I was investing in real estate, I didn't know what I was doing so I lost everything because it
was all in my name. All the houses were in my name, all of the contractor stuff, everything was in my
name so when it all started to fall apart, I had to file personal bankruptcy. I also had multiple
foreclosures so I had very bad credit. So fast forward to 2009 when I decided I'm gonna be a real
estate investor, I have terrible credit, bad credit, bankruptcy, no money. It didn't seem like it was
something that I was going to be able to do but my coach and mentor taught me something I will never
forget about how to use other people's credit to start getting what I needed. So, let me tell you
that part. When I was in my parents basement like I said, I had very bad credit and my coach told me
you need to fix your credit you know eventually I can teach you some stuff how to make money and
he definitely taught me that and I definitely made money but if you really want to start being a real
estate investor with lots of properties, you need to fix your credit. So he told me this thing, this
hack where I could get my dad who had really good credit to add me to some of his credit cards and
this will help fix my credit. It works. Literally my dad had an American Express, he had a credit
union card and he had like a chase card and he made me an authorized user on all three of those
credit cards. Immediately my credit score went up by like 100 points. Okay just by being added as an
authorized user on those credit cards. The reason that this is is because I then had new trade lines
on my credit report. Those were trade lines that were paid very well and because my dad you know
he's my dad, he's old, those trade lines were very old they weren't like one year old or two years
old. It was an account that he had for like 10, 12 years and all of that history got added to
my credit report when I became an authorized user. It was an amazing hack. Again, I teach you all about
this. I have a whole playlist on how to fix your personal credit if you have bad personal credit.
Make sure you watch that video, make sure you watch that playlist but the gist of it on how I did some
of it is how is becoming an authorized user on my dad's credit cards. This really helped boost
my personal credit score and this allowed me to get into the place where I am now. So that was
the first thing I had to fix my personal credit a little bit so that I can start getting business
credit in a really fast way. So now let's talk about how I turn my good personal credit into even
better business credit. So like I said, I still did not really know about business credit until about
2017, 2018. I started my business in 2014 and my dad did this for me in like 2009, 2010. So again
you're getting the timeline. It took me many years to learn about business credit. I was such a fool,
that was a big mistake. Luckily you will not make that same mistake. You literally can start building
business credit right now. As soon as you get a business license, as soon as you get an LLC or
S CORP, you can immediately start building business credit. Do not make the mistake that
I made. I started my business in 2014 i did not start getting and working on business credit until
like 2018, that was four wasted years. So don't do the same thing that I did. Okay this is great
information. Make sure you like this video, make sure you subscribe to my channel, make sure you
click that little notification bell so you do not miss any of this content. I want to make sure that
I change my life and you are changing your life too. Like this video. Alright let's get back to it.
Great. Now that you've got that point that you can get business credit immediately,
you know that you won't wait like I did. So now that I had good decent personal credit, I still
did not know about business credit so I quit my job and I started using my personal credit cards
to run ads. So obviously it's really inexpensive to run ads on Facebook and Instagram and things
like that. So when I quit my job, I immediately wanted to run ads so that I could drum up business
but I didn't have any business credit cards yet. So I ran up my own personal credit cards and guess
what? My credit score dropped again. I literally had done all that work to get my credit score
back into the 700s, I think I had like a 750 credit score and then I started using my credit cards for
my business and my credit score went below 600. I couldn't believe it. I had done all that work to
fix my credit and then here I was back again with bad credit. Well luckily I now knew about business
credit and that was how I was able to transfer my personal debt into my business's name. Let me
tell you how I did that. So once I learned about business credit, I immediately started applying. I
started getting business credit cards, the easiest way to get a business credit card is to go to the
bank where you opened up your business checking account. So a lot of times when you go get your
business checking account at Wells Fargo or Bank of America or whatever bank you go to, they will
offer you a business credit card. Now if you have bad credit, they may offer you a secured business
credit card. Meaning you have to give them five hundred dollars for example and then they will
give you a credit card worth five hundred dollars. No matter what the situation, I say you take it. It
is a great thing to start establishing business credit because business credit grows a lot faster
than personal credit. You literally can have a business credit card with a thousand dollars,
you make the minimum payments for six months and they will turn that one thousand dollar limit to
ten thousand dollars just that quickly. So, business credit was an amazing thing for me to learn. Once I
started getting my first business credit card all I did, I had a five thousand dollar credit card. I
think that was the first business credit card that I had in my name from the bank. I immediately took
that balance and I paid off one of my personal credit cards. I think it was my discover card.
Doing that raised up my personal credit score because now I had paid off a credit card
okay and paying off a credit card really does increase your credit score because now I had
you know the credit card went from being at the limit you know so say I had a thousand dollar
limit, I had charged a thousand dollars. Once I got that business credit card, I took the five thousand,
paid this one thousand. Now, this has a zero balance and my credit score goes up
and now that debt is on my business, it's no longer on me personally. This is how business credit
changed my life. So now let's fast forward to I have lots of business credit cards, I have lots of
different business loans and lines of credit and all of these things to run my business and again,
it starts off with just one business credit card. The great thing about business credit is it really
does grow. People want to invest in businesses. In fact most banks will invest in a business
far more than they will invest in you individually. It's amazing. I go in there and I ask for money as
Noelle they may give me ten thousand but if I go and there's Noelle Randall incorporated, they give me
a hundred thousand. Think about that for a second. Which would you rather give money to if you were a
business and you were lending money, you wanted to make money, would you lend it to a person or would
you lend it to a business, which one is more likely to give you money? The businesses and so that's
how banks think. So if you become a business then banks want to lend to you. It's really just that
simple and you as a person can become a business. It's that simple and it will change your life
and getting an American Express is one of the best things. I first started with just a
regular American Express. I'll show you this really quickly. I have them in front of me and then I got
a chase business inc credit card that was an amazing business credit card. I absolutely love
my chase business credit card, it's an amazing one. I've even gotten smaller accounts from
companies like cabbage and PayPal and some of those other ones. I have those
credit cards and then I started getting the really good American Expresses. So you're gonna
have to get you know some of those chase credit cards, capital one you know for example, I have
the capital one business credit card. Once you start getting these and you have those
then you can easily get the business American Expresses. I have the amazon American Express.
I have so many different Americans and you see I have a whole thing of credit cards here
then I got the gold platinum card, that was amazing to get this platinum go- I'm sorry this gold
American Express and then now I have the platinum one and again has no limit on it whatsoever.
It's actually made out of metal. Can you hear that? So, these are the pinnacle of business credit and
this is the cards that you want to aspire to for your business. It will change your life, it will
change your business. It is surprising how much you can do with your business when you have the money,
the funds and the capital to do it so business credit changed my life, I want to make sure
that you start getting yours too. I have created a complete training just for you and you can get it
absolutely free. Just go to noellesfreetraining.com, that's Noelle n-o-e-l-l-e with an s.
noellesfreetraining.com. Again, I've created a complete training course for you that teaches you
my exact formula for investing in real estate with little to no money, not using your credit and again
make lots of money in real estate starting from where you are today and again, it's absolutely
free. Go check it out. I want to make sure that you have all of the resources, all of the tools
and all of the knowledge that you need to be successful. This is Noelle, to your success.