Annnd We're back with MORE Business Credit videos with Melvin Johnson! In this video, we're going to talk about Business Credit Cards for New Businesses. What is the BEST way to get business credit cards and is there a "Right" way to get it? We're also going to talk about building business credit WITHOUT using personal credit (social security number) Stick around!
[FREE GIFT] Download the Business Credit Checklist: https://www.biggerbusinesscredit.com/...
Get your Net 30 Account with Crown Office Supply!
http://crownofficesupplies.com/thekwa...
$0 to $2,500,000 in Business Credit:
• Building Business Credit: $0 to $2.5 ...
So Is there a way to get a Business Credit Card for New Businesses WITHOUT personal credit? Yup! This process only takes a matter of few months! The first step of of this is to make sure that you have your business set up properly.
Make sure you have your :
1. Proper Legal Entity
2. Business Address
3. Website (Nothing Fancy)
4. Separate Phone Number (Google Voice - Free)
5. Separate Business Email Address
Once you have those things established, the next step is to get your Net 30 Accounts. The one company we recommend is Crown Office Supplies. You can get your Net 30 account here: http://crownofficesupplies.com/thekwa...
Other companies include Uline, Quill, etc.
Once you establish your Net 30 Accounts and have a strong Paydex Score (80 or above), you can start building business credit relationships with other vendors and creditors.
Melvin mentions that you can start transitioning to "bigger" credit cards in just matter of 4-6 months if you've done the previous steps properly. Again, go download our FREE Business Credit Building checklist right here: https://www.biggerbusinesscredit.com
These are the foundation of how to get your business credit building process started, Organically.
[BONUS CONTENT] Some of my personal business credit cards include:
1. American Express Platinum Business (and Black)
2. Black Card
3. American Express Gold Business
4. Citi Double Cashback Business
You'll notice that alot of the cards that were mentioned gives you points or cash back for your purchases! I believe it's a no-brainer for you to do all your expenses on credit cards if you have the means to pay it off at the end of the month.
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--DISCLAIMER-- The suggestions, advice, and/or opinions that are given by Sam Kwak (The Kwak Brothers) are simply opinions. There are no guarantees of set outcomes. Listeners, guests, and attendees are advised to always consult with attorneys, accountants, and other licensed professionals when doing a real estate investment transaction. Listeners, guests, and attendees are to hold Sam Kwak, Novo Elite, Inc. and the Kwak Brothers brand harmless from any liabilities and claims. Not all deals will guarantee any profit or benefits. Listeners, guests, and attendees are to view and listen to all materials and contents furnished by the Kwak Brothers as a perspective based upon experience.
Watch video Business Credit Cards for New Businesses online without registration, duration hours minute second in high quality. This video was added by user The Kwak Brothers 10 December 2019, don't forget to share it with your friends and acquaintances, it has been viewed on our site 96,458 once and liked it 5.7 thousand people.