Hi guys, Welcome to the Advanced Video Search Engine, and you are watching How to Build Business Credit in 2023 | Andrew Imbesi. That video is uploaded by Ryan Pineda at 2023-04-24T15:00:07-07:00. We are promoting this video only for entertainment and educational purpose only. So, I hope you like & enjoy it. [LzeamkTW1mc]
| Name | How to Build Business Credit in 2023 | Andrew Imbesi |
| Video Uploader | Video From Ryan Pineda |
| Upload Date | This Video Uploaded At 24-04-2023 22:00:07 |
| Video Discription | Do you want to get more capital for your business? This episode is for you! Ryan and Andrew Imbesi discuss the importance of business credit and how it can be used to get more capital. Andrew, who has an eight-figure business, has helped several hundreds of people to obtain capital for their businesses through credit and gotten millions of dollars in credit approvals. --- If you want to level up, text me at 725-444-5244! Get access to our community, coaching, courses, and events at Wealthy University https://www.wealthyuniversity.com/ Get high quality, motivated seller leads, on autopilot for your real estate business. https://www.leadkitchen.com/ --- Connect with Andrew! Instagram - @andrewimbesi Website - https://www.bogegroup.com/home Andrew explains that business credit doesn't report to your personal credit report, and there are many benefits of using business credit instead of personal credit. Bridge loans are another way to get business credit, where a person with credit card debt can get approved for a business credit card by paying off their personal credit first. They get a loan from a new creditor to pay off the personal credit, whom they pay back (plus a little extra) from the new business credit they can now obtain. This can be a great stream of passive income for the new creditor, and the typical bridge loan can be paid off within about a month and a half. Andrew suggests using relationship managers to get in touch with the bank. It's also important to have credit cards from both big and small banks. He notes that banks prefer borrowers to churn through their cards by spending and paying off the balance. Using gold or platinum cards can also offer additional benefits worth exploring. While a brand new LLC can get business credit, banks might say no if the borrower's personal credit is already bad or if they've opened too many new credit cards. This is where bridge loans and relationship managers come in handy! LzeamkTW1mc |
| Category | Entertainment |
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