Ways to increase revenue for your small business for Mortgage

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I got some great new programs new rules new businesses are funded brand new businesses that haven't made a single dime funds up to $50,000 we're talking about a brand new LLC y might just started like just a little bit ago you'll be able to get up to $50,000 I talked to so many people that apply for loans and they've destroyed their personal credit because they've loaded up their personal debt for the business no don't do that we're going to fix this hopefully you haven't done this if you're looking for a loan thank God you're watching this video I'm going to show you how and where to go get this money to put all this debt on your business that doesn't show up on your personal credit report five banks that are going to get you covered we're talking about big Banks Wells Fargo in US Bank but you got to know how to approach them folks you got to know the rules I've done this for lots of businesses thousands of businesses where I've been able to help them get loans simply projecting their income we're going to talk about that I I want to make it difficult for you to understand debt on your personal credit to start a business can be a huge mistake and I'll go into those details because boy you don't want to do that you want to start a new business and you've got a dire need for $50,000 maybe for equipment for a printer if you're printing or for whatever you need computers but here's the kicker you don't have any proof of any income it's okay because we have unsecured business credit cards as well as loans some here even offers 0% interest rates for a period of time they also report to your business credit your business credit activity Equifax spirion done in Brad street small business finance exchange and Lexus Nexus your loan is going to be reported you want that down too good to be true right well it's not and I'm going to spill the beans on how you can achieve this financial magic we're going to dive into the nitty-gritty we're going to clear up some of the misconceptions and how people make mistakes many people will confuse business credit with business financing we got to cover that and essentially distinguish those two and in a nutshell business credit involves establishing lines of credit for example with ginger in Uline maybe Target those retail credit cards but the catch is typically use that credit specifically for those companies the business credit Worthy is often measured by a payex sore which is probably something you probably never heard of by the way my name is Andrew cartright I'm here to help you get money leverage it and invest it I can relate to where you are I want you to be financially free I've been broken homeless the multi-millionaire four different times I'm not saying that to impress you I'm to impress upon you that you can do it I've started 32 companies in 17 Industries an average guy and I've acquired 17 companies and we're buying up to 99 with you guys it when partnering with me in epic9 we're going to buy these businesses you own 81% I own 19% I put up the capital you got to fill out the description in the description is a form hit it there you need to have at least a 680 credit score for epic 99 as well as you need to be able to run that business and then we'll look for a business and buy it to be a baby boomer successful business also if you need a loan for your business I got 10 different programs 80 lenders plus down there I got free stock in the description make sure you grab your free stock with Weeble and Mumu it's incredible really suggest you do that please hit the like button give me a big like it helps out with the YouTube algorithm as well as subscribe to the channel if you want more great content I also do Fix and Flip low that's also in the link in the description with capital velocity but first so what is business funding unlike business credit where you're tied specifically to companies business funding is about leveraging your new or established business along with your personal credit you combine the two right into the arms of the banks and financial institutions ready ready to secure lines of credit and credit lines that aren't attached to having to buy somewhere and why do we call this funding instead of credit funding means money you're basically getting in your bank account that's the kicker a whopping 95% of business funding relies on personal credit the credit of the business owner you can't just stroll into the bank or the financial institution and walk out with business credit without using your personal credit as collateral that doesn't mean you shouldn't get it problem is most people go okay fine if it's going to be on my personal credit anyway no it's not if you get a loan in your business name it reports to your business credit and it doesn't show up on your personal credit which is why I have 36 credit cards that are all in business names and not my personal name none of that shows up on my personal credit report that's what I would love to have for you if you want it this is not Financial advice that's what works for me now I know what you're thinking but I'm just getting started out in the business right my business isn't making any money or not much money at all we want to make sure that you get your hands on this cash quickly and easily it could mean the difference of being able to make money is that you need money to make money that's where these five banks come into play they offer business lines of credits and also credit lines without requiring any Financial documentation but hold your horses it to this would be an hourong video if I went into the nitty-gritty on how it all works just going to tell you the dues so how is it even possible the snack credit lines without showing any proof of income being able to pay it back right the answer lies in something called stated income loans or stated income business credit cards in simple terms date your income and you can take they'll take your word for it you heard that right your word can be credit yeah valuable credit even if your business is making $0 date that you are raking in thousands of dollars and the bank literally won't bat an eye but how does does that magic trick work it's all about projected income I've been doing this for years it's how I've been able to sell businesses yes I'm also a business broker I've sold lots of businesses when you fill out a business credit application and you come across the part asking about your business Revenue might freeze right and go I don't have any because you don't right after all you'd be lying and you could be liable for bank fraud or identity theft charges like you know and you're thinking well Donald Trump is going through this right now he said that his properties were worth more than they were and he's having problems this has nothing to do with Donald Trump and this isn't this isn't even close to what he's done so what are you doing you are projecting what you're doing it's a fancy way of saying that you are making an educated guest based on your knowledge of the business in a particular year what you think it can do as you can tell it's nothing like stating your property is worth $2 billion and it's worth 500 million which is probably not it's not my case maybe it's not yours either in essence even if you've having made hundreds of thousands of dollars yet nothing maybe you can say you expect to make an amount in the next coming years this projection technique is what makes it possible to qualify for these business lines of credit without having to show the bank your financial statements in a nutshell these Banks understand that many new businesses self-employed folks and small business owners don't receive income in traditional ways they might have bank statements tax returns profit and loss statements flow statements or a balance sheet and it could be because they've started out and they simply just didn't basically put the business structure together maybe you didn't why is it even possible to get this business credit without showing in financial documents well it boils down to two key factors that Banks care about your ability to repay and your willingness to repay ability and willingness A and W not like the float I miss those A&W root beer floats that used to be on the corner your ability to repay is essentially link L to your Revenue businesses and Banks want to know that your business is making money which gives them confidence that you can pay them back this is where you use the future Revenue projections your contracts that you might have with existing customers and invoices as a basis for stating the income that you think you're going to have in your application the second Factor you're willing to pay elevated by the fact that you're using your personal credit and your business credit profile these profiles reveal how you handle your financial obligations whether you pay bills on time manage your debt wisely or how long you've been building good credit history so this maintains a solid credit profile that they can indirectly and tell banks that you are a responsible borrower which boosts your credibility of course you might be wondering which banks are willing to offer this kind of financing here are the financial institutions that will help you assess aided income business credit card cards the first is Chase Bank Chase offers unsecured business credit cards some of even 0% interest rates for a limited time they report your business to Equifax to Experian done in Brad street and the Small Business Financial exchange as well as Lexus Nexus the next up is another bank where you can apply with a stated income credit card they'll report to all those bureaus experien done in Brad street and the Small Business Financial exchange as well which is great for your credit PNC Bank is another one PNC Bank provide stated income business credit cards and report all your activity to experience business Equifax business done in Brad street and small business finance exchange the next up is US Bank yes US Bank even that conservative Bank they'll do stated income business credit cards and report that to the bureaus both Experian eifax business done in bad sheet and Small Business Financial exchange which is moola money in your pocket next up is American Express American Express offers business credit cards and 0% interest and the ability to State your income they also report to Experian done in Brad street and the Small Business Financial exchange you can access $50,000 from each of these Banks without providing extensive Financial documentation now keep in mind there are some limitations offered in with these newest businesses the lack of supporting documents like P financial documents like profit and loss statements and bank statements and tax returns the notion that you need to be in business for years to qualify for business credit is simply you can start a new business today and access funding from these banks in a little in as little as a day just remember that the maximum you can get for each of these Banks is $50,000 which adds up to a substantial amount when you consider multiple Banks getting business credit without a mountain of paperwork is possible and you can do it it's a game changer for business these banks are more interested in your ability and your willingness to repay that debt and if you build a strong credit profile you'll be able to access this valuable funding so don't be intimidated by these credit lines I have worked on these for years it's what saved me in 2008 when I lost just about everything and went 12.8 million in debt I had those 32 credit cards I was able to live on business credit for 4 years build business credit get your loans in businesses is my motto this is not Financial advice you just talk to an expert because I don't want to be responsible if you misuse this stuff because a lot of this stuff can get you in trouble as well yes people take on debt they shouldn't I take on debt that makes me money I got 52 different streams of income from being able to access Credit I'd love you to be able to do the same my name is Andrew cartright good luck if you want to see a video on how the S SPS changed the rules and made it so much easier check out this video here you can get up to $5 million