During this show, you will discover…
Secrets to keeping your scores high and the pitfalls to avoid which can drag scores down
The mathematical models used for consumer and business credit scoring
What the credit reporting agencies really take into consideration when they calculate your business and personal credit scores
The percentage breakdowns for TransUnion, Dun & Bradstreet, Experian, and Equifax
How to start building a good business credit score
Why your business credit scores might differ among the credit reporting agencies
What Dun & Bradstreet takes into consideration to calculate a PAYDEX score
What is considered a good PAYDEX score
A secret to keeping your PAYDEX score up
What the scores and numbers really mean on a D & B report
How Experian Commercial differs from D & B
How Experians Intelliscore Plus works
How long derogatory (negative) information stays on your Experian Commercial report
Where Equifax gets its data from
How Equifax predicts business failures
What the FICO SBSS is
How the SBA uses the FICO SBSS score
How FICO combines data per a lenders specifications – and why your scores for one might differ from your scores for a different lender
What the FICO SBSS Credit Offer Index is and how it is used
Everything that can lower a business credit score
What bank credit scores are
A secret to keeping your bank rating up
How to keep your credit scores up
How to keep your bank rating up
During this show, you will discover…
How business credit is built
How you will be denied if you try with your bank first
How to build trade lines to establish a business credit foundation
The typical terms for vendor accounts
How vendor credit leads to store credit
And how store credit leads to business credit not requiring a personal guarantee
How some vendors have a “time in business” requirement
How starter vendor accounts will give you the means to grow your business credit
Five proven companies which will give you vendor accounts AND report to the big credit reporting agencies
The correct process you MUST follow for each of these five vendors to give your business vendor credit
How to easily find these five proven companies online
And you will even get a bonus SIXTH starter vendor
How to get unsecured business financing as an alternative
How to get approved with no personal credit check or guarantee
What a “payment experience” is, and how many you need to move onto store credit
How to make sure a credit provider pulls your BUSINESS credit scores and NOT your PERSONAL credit scores when you apply
What secured credit is
How to apply for secured credit
Alex Charfen is co-founder and CEO of CHARGEN, a training, educating, and consulting organization helping visionary entrepreneurs grow and scale their business and movements, and create momentum everywhere in their lives. A Ppr
A private advisor and consultant to billionaires, the Fortune 500, and some of the most well-known entrepreneurs on the planet, entrepreneurs on every continent (except Antarctica) use his online courses to change their lives.
Alex has spoken on entrepreneurial awareness around the world for tens of thousands of entrepreneurs and top global businesses, including TEDx, Genius Network annual event, and EOs Global Leadership Conference in Athens Greece. At his recent Titan Summit event in Zurich, best-selling author Robin Sharma introduced Alex as “the most progressive entrepreneurial mind on the planet.” For the past two decades, Alex has created and curated proven business philosophies, models and strategies, geared specifically to entrepreneurs and the Entrepreneur Personality Type (EPT) he is a nationally syndicated contributor to the American City Business Journals and regularly is called upon by national media outlets.
What the Entrepreneurial Personality Type or EPT is and how it can help you
The unique characteristics that entrepreneurs have
How the best qualities entrepreneurs have can be reproduced
Habits of self-made billionaires and how to duplicate them
How to live your life intentionally
The best way that entrepreneurs can overcome overwhelm
The qualities that the best business minds of our time share
How the most successful entrepreneurs overcome their fears
The key to maximizing your performance by self-improvement and growth
How successful entrepreneurs recognize their weaknesses to overcome them, while building off their strengths
The key to building momentum as an entrepreneur
How entrepreneurs reverse engineer past success to get what they want
How to discover and awaken your entrepreneur super power
Some things you see successful entrepreneurs do to grow and scale their businesses
And much more...
During this show, you will discover …
That conventional banks are not a great source for startup funding
That conventional loans are hard to get
That startups cannot meet the requirements for cash flow financing
That private investors can want too much of your startup in exchange for cash
How unsecured financing can get you some of the highest loan amounts for startups
How you can get a loan of five times the amount of your highest revolving credit limit account now
That there is NO impact on your personal credit with this type of financing
How with good personal credit, you can get unsecured credit cards with approval amounts from $10,000 to $150,000
How with good business credit, you can get unsecured credit cards with $10,000 to $50,000 which report to the credit reporting bureaus
How startups can get equipment loans
How using your collateral can get you those loans
How you can use your 401(k) or your accounts receivable or stocks as collateral
How you can use inventory and equipment financing to get loans to get more inventory and equipment!
How you can build business credit for your startup
How to use crowdfunding to get funding for your business
The lowdown on how crowdfunding really works
Secrets of success in crowdfunding
How specialty companies like AngelPad can fund your startup
How you can even get a startup loan or a microloan through the SBA
How private equity lines of credit work
How house flippers can get house reseller financing
How insurance agents can use their book of business for financing
How federal, state, and local grants can help finance your startup business