How to Build Business Credit FAST in 2023

BiggerPockets Money
BiggerPockets Money
27.8 هزار بار بازدید - پارسال - Knowing how to build business
Knowing how to build business credit could be the difference between starting your dream business or waiting on the sidelines. And while most people think that building business credit requires years of income, million-dollar revenue, or a personal connection with your local bank, Jack McColl is here to tell you otherwise. Jack has been able to unlock half a million dollars in business credit in record time through a simple system. He did this using means that EVERYONE has access to and is here today to teach you how to do the same.

Jack is a credit master, knowing the ins and outs of every credit score rating, travel credit card, business credit card, line of credit, and everything in between. He teaches some basic techniques in today’s show about how you can get your personal credit score to 700+ quickly and then use that to grow your business credit profile, allowing you to access 0% interest credit cards that can jumpstart your business when you’re low on cash. And even if you aren’t planning on building a business anytime soon, Jack’s tips will help you get a better credit card, a lower mortgage rate, and easier access to lines of credit.

Jack also touches on the exact steps you need to follow to reach an 850 credit score and why the “no credit, no debt” line of thinking will hurt you later in life. He shares the best banks to get business credit from, which cards will help your score the most, and why you should always open a checking account BEFORE asking for a business line of credit. If you want to boost your score, build a business, or just travel for free using points, stick around for this episode.

00:00 Intro
01:22 Money Moment
01:56 Building $500K in Business Credit
06:14 Types of Credit Scores
12:01 Personal vs. Business Credit
18:08 How to Get 0% Interest Credit
27:17 Accessing Business Loans
29:55 Harnessing Your Personal Credit
33:08 Credit Card Hacks
34:54 Use Your Credit!


Show Notes at:
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How to Build Credit From Scratch:
https://www.biggerpockets.com/blog/ho...
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How to Earn Free Vacations With Travel Rewards Credit Cards:
https://www.biggerpockets.com/blog/cr...
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FICO vs. VantageScore: Do You Know What Credit Score You’re Monitoring?
https://www.biggerpockets.com/blog/fi...
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Credit Resources Mentioned in Today’s Show:
Credit Karma: https://www.creditkarma.com/
Experian: https://www.experian.com/
MyScoreIQ: https://www.myscoreiq.com/
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Connect with Jack:
Favorite Credit Cards: https://milevalue.com/best-credit-car...
Instagram: @kingofdebt or Instagram: kingofdebt
Website: https://www.creditstacking.com/  
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Episode 383

#biggerpockets #biggerpocketsmoney #money383
پارسال در تاریخ 1401/11/21 منتشر شده است.
27,847 بـار بازدید شده
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