$50,000 NEW LLC with No INCOME! Startup Loans 5 Banks! PROJECTIONS Loan OK

$50,000 NEW LLC with No INCOME! Startup Loans 5 Banks! PROJECTIONS Loan OK

$50,000 NEW LLC with No INCOME! Startup Loans 5 Banks! PROJECTIONS Loan OK

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50 Comments

  1. Yeah. Doesn’t work. 750 score, great income, perfect payment history, loyal Wells Fargo customer for over 25 years. Immediate no.

  2. Mr. cartwright i have watched. and listened to you put out good information. I have a new LLC, for my Transportaion business my issue is trying to find funding. my personal credit is good Help (:

  3. A better question is, lets say you get that business funding using this method. You leveraged your personal credit. Lets say your business fails for one reason or another, that could potentially be cause for them to come after personal assets, no?

  4. Andrew, I talked with Pinnacle Federal Credit Union. Lady representative told me your YouTube video message was not legit. And they wanted to remove the ad. Let me know if that’s true.

  5. But if you lie to the bank you might end up like trump when democrats wire tap him.I know alot of business do it except trump’s not allowed too.

  6. Dude be capping so much, I’ve been in this game since 2000, you still need you personal credit firm first and solid; then you build your biz as you PG your own company.

  7. This is incorrect! Please be aware…having projections means nothing to banks without proper collateral and experience to back up the loan. If you are looking to get a small business loan, look into SBA backed loans. I’m not sure exactly where he is getting this information but it will link to your personal credit unless you are already a successfully operating business (which then you have to watch out for private equity sharks)

  8. My business is making money, but I need fu ding so I can expand etc. But my personal credit is not so hit due to me putting everything personal and business on it. How can I get a loan/funding on just my business strength and not use (get denied) due to a lower personal credit score?

  9. I am able to get a business debit card at my credit union with two documents. I don’t yet want a credit card.

  10. Well I called chase bank they say if your llc doesn’t have credit they use your personal credit to determine your loan

  11. Whether you’re an individual in need of a personal loan or a business in need of funding to expand your operations, it’s important to understand what financing options are available to you. Loans and grants are the two most common ways to obtain funding. While the two accomplish the same end result, grants and loans are fundamentally different. Before submitting an application for either one, it’s important to understand the difference between a grant and a loan.The main difference between a grant and a loan is repayment. A loan requires you to repay the money you borrow, whereas a grant does not. Grants are, essentially, a gift. In other words, they’re non-repayable. I really appreciate this Chanel for letting have full knowledge about it. I also thank y’all to Financial source

  12. I have an LLC. I did not create the EIN number that comes free. I didn’t open a bank account. I didn’t go forward with a business plan based off. I didn’t see any success being the way. The country was being ran was a big concern for me But now that Donald Trump is in office I would like to start a business but as soon as he gets in there because they are still robbing and stealing our income tax, they’re taking everything from us. I’m scared to run in a business right now. What should I do?. I have not asked for any loans I have not even tried to even start a business because like I said, I saw the world going in a crazy direction but now I see it could be fixed so I’m willing to start from the bottom and go up I would love to get a loan 💵

  13. Question! 🖐️😲

    I find myself the owner of 6 LLCs
    (long @$$ story) 🖐️🙄

    They didn’t actually start the way I wanted them but they are still in good standing.

    1. Mobile bakery
    2. Power washing
    3. Credit consulting
    4. Debt purchasing
    5. Micro credit lending
    6. Homeless support service

    Personal credit score is 700 as of this text.

    After studying this video, Id like to know your recommendation for est. business credit for all of them? 🤔

    btw, #5 is my main hustle.

  14. So I need some help I’m building an umbrella corporation. I’m expected to make over $470,000 the first year of opening up just one business because of how I know how to scale.

  15. 9:00 chase unsecured business credit cards
    9:17 Bank of America
    9:31 PNC Bank
    9:43 US Bank
    9:59 American Express

  16. PNC bank is the only bank that will finance a vehicle loan on used cars up to 7 years old and no more than 120k miles on them, no personal credit necessary, at least they didn’t ask me

  17. Bro just talking nonsense about how good it is. Bro just explain how. Waste of time to watch the entire video

  18. You’re taking a shot at Trump while giving money-minded business people advice. Smart wealthy people understand and like Trump, you kind of shot yourself in the foot there

  19. Hello this what I own and this is what I have and this is what I can do and this is what I have done….. Your whole thing sucks at sharing or helping others. You suck at giving 100% of info needed! Chase. Bank of America, and everything you share is always the same and none of it works……

  20. Opening a biz that looks to make $90k a month (on the conservative side)..days away from a state contract and cant get the 70k needed to hire installers. New LLC with bad credit due to medical bills. Help for me?

  21. I can really use your help
    I’m 77 years old, 20-30k in debt, I’m using national debt relief to stop the bleeding.
    I want a fast paying side hustle to get out of the red ink. Then a bigger side hustle to make some serious money
    $1-2 k would really help
    I have an existing business but its not working
    I might put my business on hold and go with 2-3 side hustles

    Anything you can do to help me would be greatly appreciated
    Thanks, Bob

  22. Smh,my friend I have a detailing llc making no money because I need a van. Also my credit is horrible. What can I do ? Thank you sir 🫡

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