Did you know you can get funding in your business' name with no personal guarantee in just a
few weeks?
Yes.
It's true.
And I am going to show you exactly how to do it.
Let's go.
I'm going to share with you a detailed step-by-step guide on how to build business credit from
scratch.
I'm going to share with you 3 secret ways to build business credit faster.
And last but not least, I am going to share with you the biggest secret that my students
are using today to get hundreds of thousands of dollars in their business' name in months.
Not years.
So, let's first talk about business credit versus personal credit.
Because I need you to understand the difference between the 2 so we can get really into the
nitty-gritty.
Many of us are very familiar with personal credit.
We know that there are 3 bureaus.
We have Equifax, Transunion, & Experian.
And on our personal credit reports, we have a score.
They would tell us that we have anywhere from 300 and something to 800 and something.
And most of us know that a credit score over 700 is typically generally a good credit score.
And anything lower than that is probably good or fair.
And anything under maybe 640 is probably a bad credit score.
Well, what goes into credit is very simple.
They have something called tradelines.
Meaning all of the different creditors that you have will be listed there.
It will list when you open the account, how many payments you've made on the account,
how well you've paid those accounts if there's been any late payment.
And then at the top of your credit, of course, you have your entire profile that list your
name, your social security, your address, and things like that.
And they keep a credit record of you and your profile.
And then we also have a section called public records where they will put any bankruptcies,
foreclosures, any liens, any judgments and things like that that they find in public
records about your credit.
And so, many of us are very familiar with personal credit.
And we know what we need to do.
But there are so few people that know about business credit.
And much of it works very differently.
Business credit does still have 3 bureaus.
But they are completely separate from personal credit.
When it comes to business credit, we still have Experian, but it's Experian Business.
We still have Equifax, but it's Equifax Business.
And then most importantly, we have the juggernaut of business credit reporting and that is Dun
& Bradstreet.
Dun & Bradstreet is the juggernaut because it's the longest, oldest business credit reporting
agency and it's the one that most companies use to check out someone's business credit
profile.
Dun & Bradstreet is absolutely free to get this profile and it is something that I'm
going to teach you so that you can start using all of this knowledge to your benefit.
So, when we're building business credit, it's very easy.
We have something called vendor credit that we can get usually with no real credit profile
at all.
What you will do to easily build business credit is you're going to start with vendor
credit.
Then you're going to move to store credit.
Then you will go to what we call cash credit.
Now, again, I'm going to walk you through all of this because this is the beginner's
guide like I said.
So, let's first talk about vendor credit.
Vendors are companies that I like to use that will report to the credit reporting agency.
Now, there are tons of vendors that businesses use to supply things for their businesses.
And those businesses will extend credit to other businesses.
So, it's one business extending credit to another business.
The 3 major companies that I like to use that report to the agencies are Uline, Quill, and
Grainger.
Now, let me quickly explain those things to you because let's just use one for example.
One that I absolutely love and is a company called Uline.
Uline will allow you to do vendor credit.
Will give most people vendor credit with just starting their business.
They will allow you to buy things from their catalog and you can pay them later.
For example, if you will start a cleaning business and you needed a vacuum cleaner and
brooms and bleach and cleaning supplies, you could go to Uline, you could get all of those
things.
They will invoice you and you will have 30 days to pay or 60 days to pay or 90 days to
pay.
So, in other words, you have those Items for your business that you can start using in
your business to make money and then you can pay them later.
So this is an amazing thing for businesses.
But most people do not even know that this exists.
And more importantly that these companies will report to your business credit bureaus
so that your business now has a credit report.
And then even more businesses will lend to your business.
It's crazy.
So, like I said, it's super easy to get set up with these companies and start getting
some accounts with them.
The next thing once you have those vendor credits... because like I said, they will
lend to start-ups.
The next thing you will do is store credit.
So, there's stores like Costco and Walmart.
And there's a few others that I can give you that will lend to your business once they
see that you have some tradelines.
Now, again they're going to give you a credit card and you can use that business store credit
card throughout the store.
You know, Best Buy is another example.
You only be able to use it at that store.
But now you are in that next level because you're not just at one little store.
You're at a big store like a Walmart or Costco or Best Buy.
And so, now you can buy more things for your business if you want to.
And it will report to the business credit report.
And then the last type of credit that you will get is cash credit.
Those are just regular credit cards, loans, and things like that.
For example, once you get your business credit established, you can easily get business American
Expresses, Business Capital One cards, Business Chase cards.
And all different types of major credit card companies in your business' name that report
only to the business credit bureau.
This is absolutely amazing and is changed my business and my life.
So, let me tell you the next thing.
So, let me share with you some amazing tips on how you can take this to the next level.
Because like I said, I want to make sure that you get to that next level quickly.
And I have students doing this in months, in weeks.
Not years.
You want to get a business checking account.
This will allow you to get even more funding for your business because establishing a business
checking account will allow you to get more loans for different types of lenders that
lend to businesses.
There are tons of lenders out there that lend to businesses that just check to see that
you have a business checking account with 3 months of statements that shows some deposits
and some activities.
This is something that is very easy to do but so many business owners failed to do.
So easy.
Again, absolutely free in most cases to open up a business checking account.
And then after 3 months, you usually can start getting funding and offers from businesses
that just want to see 3 months of business checking account statements.
So, let's quickly talk about what you will need in order to establish business credit.
Of course, you're going to need a business.
I know, it sounds crazy, right?
Yes.
You're going to need a real business.
But let's talk about what that means.
Because it's super simple.
And like I said, I have students getting this all set up in one day.
You will need a business registration --an LLC, an S Corp, or a C Corp.
You have to go to your state's Secretary of State and pay for business registration.
Easy.
The second thing you will need is an EIN or Employer Identification Number.
This again is absolutely free.
Just go to IRS.gov.
Then you'll need a professional email, a professional phone number, and a professional website.
Super easy to do.
You won't be able to use your cellphone number as your business phone number or a Google
number.
You really have to get like a Grasshopper or Freedom Voice or something like that for
an actual business number than can be registered wtih the business directory.
But again, it's absolutely free.
But you want to do these simple 5 things so that people can find your business and know
that you really have an actual business.
We have so many people that are out there doing business, cutting grass, doing hair,
doing nails and they never actually establish their business.
But if you establish your business, you can unlock hundreds of thousands of dollars in
business funding in your business' name.
So, don't hesitate to do this today.
So, I have written an entire book called Real Estate Millionaire Secrets that I have poured
my heart into where I teach you exactly how to go from zero to millionaire in real estate.
It is the real beginner's guide to investing in real estate.
The way that I did.
With bad credit and no money.
I teach all of my secrets and give you tips, tricks, strategies, checklists and everything
that you need in book form to get started.
I want you to have this book absolutely free.
Go to noellesfreebook.com.
Again, that's Noelle (N-o-e-l-l-e-s), noellesfreebook.com to get my book Real Estate Millionaire Sercets.
I just 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.