How to get business funding with bad credit. Do
you have really bad credit but you still need business funds? Well, Noelle Randall started the
exact same way. I started with terrible credit, no money, no job and today I am a self made
multimillionaire, you really can build business credit, even with bad personal credit. And in
this video, I'm going to share with you exactly how to get that done. Let's go. Did you know that
you actually can build business credit and create an entire profile outside of your personal credit
entity? Yes, you actually have an entire personal credit profile, which you may not have even ever
checked or know what your score is. Let me quickly explain. When it comes to business credit, it is
separate from personal credit. personal credit takes into account three bureaus, you have
Equifax, Experian, and Transunion, they will look at all of your different trade lines. For
example, if you have a car loan or student loan, or personal credit card, all of those things will
report on to your personal credit report. And you may already know that you have a bad personal
credit report score, meaning you haven't paid some of the trade lines on time. Or maybe you pay
things late. Or maybe you didn't pay them at all, and you actually even have some collections. Well,
there is an entirely new way for you can create a new profile using a business entity and create
a business credit profile and then get business funding in that business's profiles name. Let
me explain. In the world of business credit, you have three bureaus just like personal credit, you
have Equifax business, Experian business, and you have Dun and Bradstreet, Dun and Bradstreet is the
number one business credit reporting agency. And they will compile all of the different businesses
trade lines and give you a credit report and a credit score. Very similar but different than your
personal credit report score. So if for example, you have a low personal credit score, like maybe
less than 580, well, you literally can forget about that and build a business credit report and
start getting funding in your business's name. But let me give you a quick warning. If you have
bad personal credit, it is actually easier to fix your personal credit and get business credit and
you actually can borrow in both entities you can borrow in your personal name, and you can borrow
in your business's name, you can fix your credit with my friends at Creative credit solutions.net
Use the link below and tell them that Noelle Randall sent you, you can actually fix your
personal credit, and then get even more business funding. If you do this. My friends at Creative
credit solutions helped me fix my personal credit. And they probably can help you too. They can help
you get things deleted, they can help you get inaccuracies removed from your credit report. If
there's errors that are reporting, they can help you consolidate, get extra trade line creative
credit solutions can give you legal and ethical ways to repair your credit. They're not just
credit repair, they are credit restoration. So if you have bad credit, I strongly suggest
you give my friends a call at Creative credit solutions. Absolutely free use the link below
they'll give you a free consultation. And again, you may end up with good personal credit and good
business credit so that you can get double the amount of funding that you normally would get.
If you keep your bad personal credit. Again, let them know that no well Randall sent you for your
free consultation. Now let me get into how you will do this if you had to keep your bad personal
credit. So if you have bad personal credit and you want to build business credit, the first thing
that you're going to need is an actual business because Dun and Bradstreet and all of the business
credit reporting agencies report to businesses, you will need to actually establish the business
entity. So you will need to get the business registered with the Secretary of State, you will
have to get either an LLC which stands for limited liability company. Or you can get a corporation
an S corp or a C Corp. You can even build business credit with a nonprofit, but I'm just talking
about for profit business. In this video. I have a separate video completely for nonprofits if
you want to watch that video. Now the next thing that you will need is an EIN which stands for
employer identification number. This is absolutely free to get you just go to irs.gov Here's a quick
screenshot to show you exactly where to go. Again, this is absolutely free. You don't have to pay
anyone to get your EIN for you. The next thing that you're going to need for your business
if you really want to get a lot of business funding and really build your business credit
fast is an address, not just your home address, but actually a business address. So if you can get
a virtual office through region score Opus. Or if you can rent a small space, that will actually
increase the amount of funds that you can get in your business's name, because you are not using
your home address. Now you can get business credit and business funding using your home address.
However, to unlock millions of dollars in business funding and things of that nature, it is best to
use a professional office address for a business, not the home address. The next thing that you
will need is a professional website. So again, you'll buy a domain, you can go to places like
GoDaddy or SquareSpace used to be Google domains, and buy a very inexpensive domain and have a
website made. You can use people like Fiverr, or people on Upwork. To help you build a website
really quickly. However, it is very important that you actually have a business website, because this
is one of the things that builds credibility. So when lenders are looking to lend you money, they
want to make sure that they can find you on the internet because it is what it is. In this day
and age you need to be found on the internet, so you'll need a website. And last but not least,
you're going to need a professional phone number and a professional email. Again, you can use your
cell phone number as your business's phone number, however, that is not recommended. It will be
recommended if you got a professional business phone number from like grasshopper or freedom
voice. Now again, I actually have an amazing gift for you go to noellesfreegift.com. And I had this
entire list of what I'm saying on a download just for you. And you can have that where it summarizes
what I'm saying. And you can get this absolutely free at Noellesfreegift.com or click the link in
the description box to get this checklist. When I'm talking about the business phone number,
it's important that you have another number that's not your cell phone number, because you
can get lit get that phone number listed in the business's phone directory. If you use your
cell phone number, obviously that won't be however, here's the easy little trick. If you
get a phone number from like grasshopper or freedom voice like I am suggesting, you can then
just transfer that number to your cell phone so that whenever someone calls your business line,
your cell phone still rings and you can have that professional phone number. And of course, the
last thing was the professional email that is very easy when you got the website made and you
bought the domain just by the email that goes with it. For example, if your website and your
domain name is ABCproperties.com you would get your name at ABCproperties.com instead of using
a Gmail or a Yahoo address and things like that, if you have a professional phone number, a
professional email professional website, this will be the easiest way for you to build business
credit, even with bad personal credit now that you have the business all set up it is straight
to the finish line. You can just go to Dun and Bradstreet and literally claim your business. In
many cases once your business is registered with the Secretary of State, your business may already
be found in Dun and Bradstreet, you go to dnb.com and you'll search your business. If it's already
there, you'll claim that business they will mail you a code in the mail, you will go back into the
system with that code once they mail it to you and you will claim your business and you will be
all validated. If you go into Dun and Bradstreet website and your business is not in there, then
you will go ahead and add your business then they will follow that same process of sending you
a code and then you claim and validate your business. This is how you want to do it before you
actually start getting any trade lines added. So before you start buying things or getting funding
for your business, you want to make sure that you have an active Dun and Bradstreet profile so that
any money that you borrow any invoices that you get actually report to Dun and Bradstreet and
you are effectively building business credit. Now that you have your business profile set up
with Dun and Bradstreet, it's one easy street, you can just start adding trade lines, there are
literally companies like Uline, Quill, and Granger that you can borrow and do net 30 net 60 invoices,
and they will actually report those invoices those trade lines to Dun and Bradstreet so that you
have business credit built. Once you do those vendor credit, then you will move to store credit
cards like Walmart, and Costco and things like that. And then you can actually get cash credit
cards like Chase Bank and Bank of America. Now let me tell you a really big secret on how you can
start getting business funding. Even if you have a new LLC. Here's a bonus secret. If you want to get
business credit and you have good personal credit, you literally can get a business checking account
and in many cases that bank will give you a business credit card right on the spot. There are
banks like Bank of America, Chase, Wells Fargo where they will loan a new business up to $50,000
when you open up a business checking account The only caveat is you have to personally guarantee
these business credit cards, so you do have to have good personal credit. Now, if you have
bad credit, remember you can call my friends at Creative credit solutions.net The link is below,
and they can help you get a much better credit score. They have helped so many people get great
credit. And then once you have great personal credit, you literally can walk into a bank and get
up to $50,000 with no income verification for many of the major banks. Again, if you have bad credit,
you can use the steps that I outlined in this video. If you have bad credit to you can also get
your credit fixed by using my friends at Creative credit solutions.net There are so many different
ways for you to be successful and I want to make sure that you get them I just want to make sure
that you have all of the resources, all of the tools and all of the knowledge that you need to
be successful. This is Noelle, to your success.