Build business credit fast and expense purchases with these four steps with links: 𝗦𝘁𝗲𝗽 𝟭 💳 Get a secured credit card through Divvy getdivvy.com/credit/?irclickid=w3bWWaTc3xyIR-L3CtUh42sBUkAx6vRNw2%3Ajzk0&irgwc=1 𝗦𝘁𝗲𝗽 𝟮 🌐 Get two Net 30 accounts Net 30 Account one with Office Garner: officegarner.com/net-30-terms-account/#a_aid=TRUIC_Net30&a_bid=bf33d9ef&data1=%2Aw%3Ahtsl%2B%2Ap%3A%2Bbusiness-credit%2Bnet-30-vendors-to-build-business-credit%2B%2Al%3Atop Net 30 Account two with Business T-Shirt Club: affiliates.businesstshirtclub.com/idevaffiliate.php?id=1531&tid1=%2Aw%3htsl%2B%2Ap%3A%2Bbusiness-credit%2Bnet-30-vendors-to-build-business-credit%2B%2Al%3Amiddle 𝗦𝘁𝗲𝗽 𝟯 🖨️ Get a tradeline reporting from Nav by singing up with their premium subscription: nav.nkwcmr.net/c/2635759/104543/2410?subId1=%2Aw%3Ahtsl%2B%2Ap%3A%2Bbusiness-credit%2Bhow-to-repair-business-credit-score%2B%2Al%3Atop 𝗦𝘁𝗲𝗽 𝟰 💵 Pay your bills! 𝗠𝗼𝗿𝗲 𝗿𝗲𝘀𝗼𝘂𝗿𝗰𝗲𝘀: 🎥 Build Business Credit Video: kzitem.info/news/bejne/24-aln6ijHaEpKg 📜 Build Business Credit Written Guide with resource links: howtostartanllc.com/business-credit/build-business-credit-fast
@andreybirchall
11 ай бұрын
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@VegaH_
4 ай бұрын
This video sent me down a rabbit hole of your content 👍
@HowtostartanllcOfficial
4 ай бұрын
Welcome! And thanks for watching :)
@stevenhargett
10 ай бұрын
Can you explain steps 2-4? Who reports credit other than bad credit?
@HowtostartanllcOfficial
10 ай бұрын
Thanks for the question! Step 2: Net 30 accounts are an easy way to build credit because you don't need established credit to get started. Net 30 vendors sell goods (usually office supplies) and services to businesses. In turn, the business pays off its balance every 30 days. Not all net 30 vendors report to bureaus, but those who do create a tradeline on the credit report. On-time payments and late payments are reported. Step 3: Nav is a service that helps you manage your credit and ensure tradelines report as they should. Nav isn't necessary, but it is a nice service to have. Step 4: As for paying on time and reporting to the bureaus, that's a standard credit practice in both consumer and business credit reporting. If you have a car loan, mortgage, or credit card, you may have noticed that it shows the number of months that the tradeline has been active. Those active months are positive unless there are negative payments showing for that month. For example, if a credit card shows 24 months active and there is one 30-day late payment, then the tradeline has 23 months of on-time payments. Thanks again and best of luck!
@wendielmore
9 ай бұрын
Should startups enter projected income during the application process for business credit?
@HowtostartanllcOfficial
9 ай бұрын
Thanks for the question! Which business credit card are you applying for?
@angelinimartini
9 ай бұрын
Usually you’re going to want some income rolling in before you actually apply. You can use projected income but make sure you have a lot of supporting documentation for you claims, especially if you’re going to a large bank. I have my s-corp and this is what I was told but I was also approved first day from getting a business checking account. That being said I already had income. If you’re starting from 0, some banks will even want collateral.
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