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Business credit mentorship

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$399.00
$399.00
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Simply put, business credit signals your company’s ability to handle its finances, purchasing power and debt.
Like personal credit, business credit is something you build over time. Business credit considers several factors and is expressed in the form of business credit scores.

Additionally, both business credit and personal credit can affect the rates you might pay for goods and services. For example, as a business owner, you may pay lower insurance premiums if your business credit scores are high. You might also qualify for lower interest rates on small business loans or lines of credit if you have good business credit.

These may all come in handy if you’re looking to negotiate longer terms from vendors, which might give you more space to manage cash flow.

We’ll cover the basics of what business credit is, how it’s used, and tips on how you can build your business’s credit.

Course is designed for business owners and entrepreneurs across all spectrums. No matter where you are in your business, this course is designed to take your business to the next level. This system will show you how to verify your listing and take the necessary steps to update and/or correct outdated or incorrect information.t is critical that you set your foundation up for your business properly. Your business must be lender compliant prior to opening and establishing accounts. Your main objective is to maximize your business credit funding options and that begins with ensuring that your business is "credit ready." The structure of your business is crucial to your approval odds and success.

it is critical that you set your foundation up for your business properly. Your business must be lender compliant prior to opening and establishing accounts. Your main objective is to maximize your business credit funding options and that begins with ensuring that your business is "credit ready." The structure of your business is crucial to your approval odds and success.

  1. Get Your Business 'Credit Ready' 
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     Step 1.1 - Set Up Your Business Entity 
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    Step 1.2: Select Your Business Address 
     
    Step 1.3: Get Your Business Phones, Fax and 411 Directory 
     
    Step 1.4: Set Up Your Business Website & Email 
     
    Step 1.5: Obtain Your EIN & Business Licenses 
     
    Step 1.6: Create your Operating Agreement 
     
    Step 1.7: Open a Business Bank Account(s) 
     
    Step 1.8: Verify Your Business Accounts & Listings All Match 
     
    Step 1.9: Business Insurance (OPTIONAL but HIGHLY recommended)

Business Credit Analysis
Lenders look at a variety of factors when determining whether to approve you for business credit and funding. You must know how lenders view you; and you must know how to properly structure your files and gather the necessary reports and documents when you are dealing with bankers, lenders and investors.

Business Credit Analysis
Lenders look at a variety of factors when determining whether to approve you for business credit and funding. You must know how lenders view you; and you must know how to properly structure your files and gather the necessary reports and documents when you are dealing with bankers, lenders and investors. 
 
Step 2.1: Create a Business Plan for Funding and Investors 
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Step 2.2: List Your Assets 
 
Step 2.3 Leverage Your Personal Credit 
 
Step 2.4: Your Business Bank Rating 
 
Business-Financial-Statement.KB
 
Business Credit Reports

There are 3 major business credit reports that are key to your success: Dun and Bradstreet, Experian Business and Equifax Small Business. There is also FICO SBSS, Paynet and Ansonia. This section will show you how to check and monitor your business credit reports, how to make any necessary changes and adjustments, how to get registered and update your files and how to obtain your DUNS if you don't have
one. 
Step 3.1: Business Credit Reporting Agencies 
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Step 3.2: How to Get Your D-U-N-S® Number 
 
Step 3.3: Check Your Existing Experian Business Credit Report 
 
Step 3.4: Equifax Small Business Report 
 
Step 3.5: Set Up Your Business Credit Profile with Creditsafe 
 
Step 3.6: Business Credit Scores 
Level 1 Business Credit Building
There are 4 quick ways to build and establish your business credit reports within 7 days. In addition to the ways that quickly build your business credit scores, there are other aspects, accounts and services that are introduced. This is one of the most crucial sections of the entire course. Level 1 is where you build the foundation to your business credit reports, from credit cards, to expense-related charge cards, industrial, office and high tech suppliers and major retailers. Specific requirements will be provided for each account listed. 
 
Step 4.1 Start Your Business Credit File with Multiple Business Credit Reporting Agencies 
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Step 4.2: 5 Ways to Build Your Business Credit File FAST 
 
Step 4.3: Build Business Credit When Paying Your Business Expenses 
 
Step 4.4: Vendor Credit Lines 
 
Step 4.5: Get 5+ Accounts Reporting to Your Business Credit Reports 
 
Step 4.6: Vendors for Computers & Electronics 
 
Step 4.7: Vendors for Office Supplies, Marketing & Print 
 
Step 4.8: Vendors for Building & Industrial Supplies 
 
Step 4.9: Vendors for Major Retail and Fleet Cards 
Level 2 Business Credit Building
Diversity is required in order to build and establish a strong, solid business credit report. This includes the acquisition of revolving business lines of credit that report to the business credit agencies. Revolving accounts allow you to carry a balance; Net accounts have terms associated with them. Prior to moving to Level 2, I require that you have 5 or more tradelines reporting to your business credit reports. That can be a combination of revolving accounts, vendor accounts and utility accounts. You need at least 5 reporting tradelines reporting to D&B and at least 4 to Experian. This module connects all the dots for you. 
 
Step 5.1: Revolving Lines and Profile Diversity 
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Step 5.2: Score Based Business Line of Credit 
 
Step 5.3: Get 5+ More Accounts Reporting to Your Business Credit Reports 
 
Step 5.4: Revolving Business Credit Lines: Starter Edition 
 
Step 5.5: Revolving Business Credit Lines: 2nd Edition 
 
Step 5.6: Revolving Business Credit Lines: Gas & Fleet Cards 
 
Step 5.7: Revolving Business Credit Lines: No Personal Guarantor 
 
Step 5.8: Corporate Charge Cards 
 
Step 5.9: Additional Lines of Credit, Loans, Working Capital Products 
 
Step 5.10: Business Credit Cards 
 
SUMMARY 
Level 3 Business Funding Programs
We will explore several business funding programs. There are businesses of all shapes and sizes and access to funding is always a top need for most businesses. It is beneficial for your business for you to know the different funding programs available for your specific type of business. The more types of funding a company can have access to, the better for the company. I will show you how to pre-qualify, how to get approved using your personal credit (PG). To acquire these accounts without using your personal credit, you should have a total of 15 accounts reported. There is over $5 Million worth of lenders in Level 3.
 
Step 6.1: Get More Business Credit & Funding 
 
Step 6.2: Business Funding Continued 
 
Step 6.3: Additional Business Line of Credit 
 
Step 6.4: Business Line of Credit Based on Bank Deposits