How to Build Business Credit | Net 30 | 10 Easy Approval Vendors
This video is a guide on how to build business credit. Starting with Tier 1, Net 30 accounts and moving into Tier 2, Revolving lines of business credit. Kelvin gives his top 10 easy approval vendors. If you follow this guide, you can establish a solid foundation of business credit that will qualify you for big cash loans and high limit, major credit cards with NO PG (personal guarantor) in as little as 4 months! There are 2 rounds of building business credit.
Round 1, (which is covered in this video) is all about building a solid foundation and providing the business credit reporting agencies with payment history. Once you have at least 10 vendors accounts like the ones mentioned in this video, reporting to Dun & Brandstreet and Experian Commercial; you are ready for Round 2. In Round 2, you will gain access to major credit cards with $50,000 + credit limits and unsecured funding of over 100,000! Again, if done correctly, you can have all of this capital and upcapped funding without any of it affecting your personal credit!
00:00 Intro 01:07 Tier 1, Net 30s 06:44 Tier 2, Revolving Accounts 07:41 How to get approved for Shell Fleet 12:00 How to get approved for Amazon Business Card 13:01 How to get approved for SAMs Club Business Store Card