Unlock 10X the Approval Amounts? Here’s How…
But first a word of caution…
If you’re looking for any type of funding for your business, chances are you’re demographed as such by Facebook, Google etc and you’ve probably seen advertisements like these:
This all sounds great and if you believe everything you read, you might not even wonder if there’s a catch. There is. Advertisements like these are from what the industry calls, “credit card stacking” companies. So what you think is a 0% interest loan (which doesn’t exist) is really just these companies (or a single person posing as a company) applying for a bunch of credit cards for you that have a 12-18 month 0% interest promo offer. That’s it.
On top of that, “stackers” make their money by having you commit to pay them usually about 9% of the total amount in credit limits they help you get approved for. So if their advertised numbers are real, you’d pay $9,000 on the $100,000 (which may be split across 10-15 credit cards) just to have them submit applications for you and make it look like a lot of work.
Here’s a better way
We’ve spent almost 25 years guiding businesses on how to correctly build business credit – and we want to share that knowledge with you. Did you know that by taking the time to properly establish and build your company’s business credit you can 10x the borrowing power of your business? That’s not a random number; it’s a reality. Here’s an example:
OR
$5,000 vs $50,800
Why is this? Banks that underwrite the cards you’re probably looking for (think Chase, Bank of America, American Express) look at several factors when deciding if and how much they’re willing to extend your business. Its not uncommon for someone with good personal credit to get an approval however if they don’t have great business credit with it, they usually end up with a small limit like the one above. Business credit makes the difference.
Would you rather get an approval for 5,000 or for 50,800? If you’re looking for substantial limits like that, you absolutely must establish business credit. Let us help you.
Ready to get started & 10X Your Limits Instead?
While we believe every single business needs to establish business credit, we also recognize that businesses sometimes really need the financial help and can’t wait. So here are our TOP recommendations for business credit cards (with a PG) below. We’d advise that if you apply for these now, you ALSO immediately invest in the long term success of your company by establishing its business credit so that you can see dramatically higher approvals in the future.
Excellent Credit
WELCOME OFFER
Earn 120,000 Membership Rewards® points after spending $15,000 on eligible purchases with your Card within the first 3 months of Card Membership.
Core + Personal
Business Platinum Card® from American Express
A premium card for the frequent business traveler who wants to take advantage of their card’s benefits. Receive elite status membership and premium travel perks.
INTRO APR
N/A
PURCHASE APR
19.49% – 27.49% Variable
ANNUAL FEE
$695
TrueGuidance
If you have excellent personal credit and a business, technically you can apply for this card at any time. However, clients who go through our Core building phase can see approval limits 10x that of those who have not yet established their business credit first!
Excellent Credit
WELCOME OFFER
Earn 15,000 Membership Rewards® points after spending $3,000 in eligible purchases on the Card within your first 3 months of Card Membership.
Core + Personal
Blue Business Plus Card® from American Express
A great no-fee business card that offers flexible travel rewards points.
INTRO APR
0% for 12 months
PURCHASE APR
18.49% – 26.49% Variable
ANNUAL FEE
$0
TrueGuidance
If you have excellent personal credit and a business, technically you can apply for this card at any time. However, clients who go through our Core building phase can see approval limits 10x that of those who have not yet established their business credit first!
Excellent Credit
WELCOME OFFER
$300 online statement credit after you make at least $3,000 in purchases in the first 90 days of your account opening.
Core + Personal
Business Advantage Customized Cash® from Bank on America
You’re in charge of selecting how you earn 3% cash back — choose the category you spend the most and get rewarded with no annual fee.
INTRO APR
0% for 9 billing cycles
PURCHASE APR
18.49% – 28.49% Variable
ANNUAL FEE
$0
TrueGuidance
If you have excellent personal credit and a business, technically you can apply for this card at any time. However, clients who go through our Core building phase can see approval limits 10x that of those who have not yet established their business credit first!
Excellent Credit
WELCOME OFFER
Earn $750 bonus cash back
after you spend $6,000 on purchases in the first 3 months after account opening.
Core + Personal
Ink Business Unlimited℠ Credit Card from Chase
Unlimited 1.5% cash back rewards on every purchase made for your business – with no annual fee.
INTRO APR
0% for 12 months
PURCHASE APR
18.49%–24.49% Variable
ANNUAL FEE
$0
TrueGuidance
If you have excellent personal credit and a business, technically you can apply for this card at any time. However, clients who go through our Core building phase can see approval limits 10x that of those who have not yet established their business credit first!
Excellent Credit
WELCOME OFFER
Earn 65,000 American Airlines AAdvantage® bonus miles after spending $4,000 in purchases within the first 4 months of account opening
Core + Personal
CitiBusiness® / AAdvantage® Platinum Select®
Frequent travelers benefit from building business credit while enjoying travel-centric perks. The AAdvantage offers ways to earn bonus miles as well as perks when traveling on American Airlines.
INTRO APR
N/A
PURCHASE APR
21.24% – 29.99% Variable
ANNUAL FEE
$99, waived first 12 mo.
TrueGuidance
If you have excellent personal credit and a business, technically you can apply for this card at any time. However, clients who go through our Core building phase can see approval limits 10x that of those who have not yet established their business credit first!
Honorable mention if you have revenue...
Core + Personal
Capital on Tap
The Capital on Tap Business Credit Card is focused on supporting small businesses. Applying won’t affect your credit score. Make purchases immediately with your virtual card.
INTRO APR
N/A
PURCHASE APR
17.74% – 35.99% Variable
ANNUAL FEE
$0
TrueGuidance
If you have excellent personal credit and a business, technically you can apply for this card at any time. However, clients who go through our Core building phase can see approval limits 10x that of those who have not yet established their business credit first!
