4 Banks Will Approve A New LLC $20,000 Without Proof of Income

[@MukhpyarDhillon-dz8lj]

actually really proud to have an employee like you as part of the team. The job is done so gracefully and neatly. Very well done, dear BsnsFunding . First of all. Thank you for making the work environment so friendly and taking your responsibility seriously and completing the work gracefully! You deserve so much.

[@CosmicResonance444]

I'll save you the time, he got approved through his personal credit. This is not for a new business.

[@Momentumgrowth]

Exactly, leveraging your credit to get 0% Business Credits with no collateral or cash flow which new business don't have.

[@Inettabell]

I agree. I tried to get approved for my newly established LLC no business credit or verifiable business income. I was denied from Chase even though I have personal history. I was advised to apply with my personal credit and was approved by Chase for $20K. I didn't want to go the personal credit route.

[@reginaldwiley6849]

Exactly

[@simplytish]

There is literally no way for you to be approved for a major bank credit card without using your personal credit. If you don’t understand that then that’s your issue for not having common sense.

[@vf12497439]

Duh…. Maybe his title is misleading for those expecting something from nothing😂

[@meghpradhanfreefire2048]

This message is to recognize your contribution to the team’s grant approval success. Your commitment had been exemplary and your hard working is an inspiration to everyone around you. You’re a professional BsnsFunding

[@KeithMarvK]

Establish relationships with the bank end have good personal credit. That's the hack.

[@h19studios48]

Facts. I've been with Citibank since 2011 and they increase my limit for me because of our relationship and excellent credit score

[@RaceMentally]

What bank? Can’t find one like that. I’ve got great credit and good cash flow positive and they want to pull credit.

[@KeithMarvK]

@RaceMentally wherever you bank. If they have business banking products (business checking, savings, loans, cards etc), establish a direct deposit with them from your 9to5 job, or whatever consistent income you have. Maintain that activity with them. Get your PERSONAL credit above 700. the fastest way is to eliminate all collections/delinquent accounts. Call the creditors and just tell them you'll pay/settle the debt if they put in writing they'll stop reporting to the 3 credit bureaus. (Even if you pay before you see it in writing, they honor it). And have a credit usage below 20%. If you need more credit, take a couple hundred bucks and open a secured card account. Pay all accounts you have that report on time. Watch that score go up. Above 720 and you'll get whatever you ask for.

[@rdonline1]

It's either Collateral, Cash flow or Credit. NO WAY around that!!!

[@thecoach11]

Thanks for honesty these content creators are deceitful. I am a entrepreneur myself so I don’t listen to the lies anymore

[@talhatootoo6784]

Fr 🎉

[@Shila64]

Well done is better than well said and you have proved it with your great effort. You are a perfect and a man of dedication BsnsFunding . Keep up the great work! Having someone like you who’s not only a great innovator but also pulls his best to get the work done so beautifully needs nothing but appreciation. Thanks for the well-off work!

[@Seven2day7]

Before applying for any business credit card read the fine print. If possible request a copy of the application to know what they are requiring. Once you start an online application your information is captured even if you dont complete or cancel. Second,you need to have your business set up like a credible business. A copy Statement of facts from your Secretary of State,EIN,Dunn and Bradstreet Number,a business telephone number,business checking and savings account and a physical location are a few things you need in place. Building business credit with high limits takes time. You are being denied because you dont look credible to banks and you are watching to many videos that are giving you half of the information you need.

[@sealspable]

Thanks amen and you are right

[@derricksmith1498]

This is actually great info.. I started with 3 of the business cards mentioned in the video. The GM card gave me my very first approval and then I got both Chase cards. After those, almost everything else got easier. I'm going to try for the US Bank card next. I'll update here with the results.

[@marlener6960]

Slow down the video when they show 0% as well. After that it's 24.99% interest rate. Screw that I have over 800+ credit score, I deserve better interest rates after the 0% period!

[@aperson1181]

you are also missing how much fee they charge for a BT

[@ARCHandymanService]

I was coming to say the same, those interest rates are insane

[@chriswaters2809]

All you do is balance transfer after for another 0%

[@TheIllumineGroup]

Key takeaways: 1) have prior relationship 2) hard or soft pull on credit report occurs 3) limited new CC accounts in prior 24 month period Main takeaway: Credit score of 700+

[@simplytish]

It’s really wild to me that people think because it’s a business credit card it doesn’t rely on your personal credit to obtain it first. No major bank is going to approve you for thousands of dollars in credit just because you have an EIN and LLC. People need to be realistic and stop trying to avoid working on their personal credit. Business credit isn’t a workaround for bad personal credit.

[@HowToCredit]

My guy! Big fan of your channel. I did a spin off to your video and explained how my process went with getting approved for some of the cards you mentioned. I shouted you out in the video to show love bro. Didn’t want you to think I stole your idea and not give credit . Respect ✊🏽

[@MarkAnthony-eu6he]

I’m tired of the false advertisement and lies…

[@titogaldamezjr1849]

get your credit up, stop expecting for it all be nice and sweet without meeting a single requirement neither for your business or personal credit....

[@m9wclt]

Werd this shit is gettin out of hand…the lick is to make a vid and make bank from that not to actually tell people something good…MOST OF THE TIME HE MIGHT HAVE SOME GEMS…WE NEED ANYBODY THAT MAKE THESE TYPE OF VIDEOS TO DISCLOSE THEYRE CREDIT SCORE AND LET US KNO IF THEY ALREADY HAVE 100k on their personal credit cards LoL

[@m9wclt]

There it go “BECAUSE OF HIS PRIOR RELATIONSHIP WITH CHASE”

[@MarkAnthony-eu6he]

@@titogaldamezjr1849 don’t worry about my credit, I don’t expect anything but help like they claim they are doing…. Who has accomplished anything this man has put out!? I’ll wait…. So get your nose out of mine and worry about you…. Because they all false advertising to get a click…

[@st.jermaine6325]

Me too.

[@Sevenheaven1984]

They don't tell you to make sure you have everything in your business the same , everything needs to match up , and never use your home address for a business address either, always have a different number as well, you can get a virtual business address make sure no po boxes and make sure you create your business profile and everything matches your business name along with the IRS

[@essentialinformer]

I was approved for $30,000 when my business was 38 days old BUT I had been a long time personal customer with a few hundred thousand dollars in the bank, that may have been a deciding factor?

[@Patrick-em8fg]

You need a 700 FICA score, then the bank loves you.

[@flubberghosted2472]

I can tell a lot of people in these comments have terrible credit. 😂😂😂 Once I knew about personal guarantee for business credit, I started working hard on my personal credit. I’m using my personal credit to my advantage while I build up my business credit. Learn the rules and be disciplined!

[@RICKDOEZ1]

I learned this the hard way. Appreciate your comment. I’m keeping my personal credit 🔥from here on out. 🙏🏾

[@kayleethebabe]

Exactly! Like they really expect credit for a new business and no/bad personal credit??!! Why would they do that 😂

[@DadYank]

Sounds like someone gets happy at the cost of others misfortunes 😂😂😂.

[@paulineallen3151]

How many of these cards require a personal guarantee? Not a good idea! Because, if you’re borrowing money for your business using a credit card that says you’re personally guaranteeing the debt, that means if your business can’t pay back the money it borrowed, you are responsible for paying it back with your own personal money. So, even if the business fails, you're still on the hook for the debt.

[@JTSMITH412]

Which defeats the purpose of an LLC even though it’s supposed to be a stand alone entity vs a sole proprietorship which is definitely on ya personal credit

[@kayleethebabe]

@@JTSMITH412that’s as it pertains to being sued not asking to borrow money lol. If you’re asking to borrow you have prove you can pay it back either with super high revenue or a positive personal history.

[@christopherarties]

So true 😮

[@panama2468]

Ok but no one is going to want to lend to a new business without history or personal guarantee so pick your poison.

[@jarenfromvenus]

He never said you don’t need credit he said you don’t need proof of income. That’s common sense that they need some show of good faith.

[@JulieN-v4r]

Please be aware, you need to have good decent personal credit and banking relationship.

[@juanzapata7701]

Great video, will these cards report to your personal reports?

[@Richardson_Polanco]

Yeah but you gotta put your SSN to get approved.

[@vidtest1-to1cm]

best way to start a business is to apply to fund it using your own bank hence fund the business from the ground up via personal wealth. that's the only way be LLC

[@mikesmirage]

What if you're credit score is lower than 600 and want to start a business.

[@gregglansing3706]

Your credit scores below 600... Then you have to fix your personal credit first because no matter how much these people say that you can get credit without working the hard way you have to have good personal credit before you can build business credit unless you first start by organizing your business with the correct credentials like business address phone number ein Duns. It takes time and you can start out with lines of credit with a net 30 payback. When you do that for a while then you can apply for credit cards based on your EIN but even then they're going to look at your personal credit even though it doesn't affect your personal credit. No matter what any of these people say that's what you have to do and it takes time and hard work. The good news is you can build your personal credit and fix anything in the personal credit file that's not good well you get these a vendor accounts like Sam's club or whatever it is. But no one's going to give this to you with an EIN and a fresh LLC. Think about that for a second because why would a bank lend money to someone that's just starting out. If you have home equity you can use your home equity. The whole thing is crazy. So many people doing crazy things in so many false hopes.

[@commonsense8012]

Well son.....with a 770 credit score you could get a $20,000 credit card line from ANYONE regardless of your businesses age, it was your credit score, not your business, that got your monies

[@jorgepena3771]

I need help 734 credit score new llc. 3,200 cdl

[@mikeweber8823]

Your personal credit better be 780 because you will need it

[@Rollinwithtrucks]

I have 6 new credit cards in under 2 years. I got approved for the Chase business card

[@marshallv.6682]

I have a new LLC but am a non-US resident, can I also apply for these loans?

[@Koinloik-j4e]

😂😂 No...I am new myself and non resident I have been applying for one since last month

[@ddrusa]

Sure don't you have to pay it back

[@JuNlethalpoet]

Ive been in business 3 years and no bank has requested the information he opened with. The most I've been asked for is 4 months of statements thats it.

[@DianaDin-xr1cf]

Is this no income tax or scores levels??

[@davidsamuels777]

Good video Cal 👍

[@ttgttg2344]

is there a minimum credit score requirement ?

[@katinapolite8634]

I tried everything and nothing is working for me to get funding for my business. I am at the point of just giving you trying to get funding and just save money that I get from my business and work from that.

[@morganhbutler753]

they call that bootstrapping

[@peytondowns5146]

It's probably bc of the type of business you have. Check the NAICS and SIC code you used and the bank has on file. They typically use those codes to filter out what they would consider a high risk business. Look up codes that are viewed as safe by banks and pick the one closest to your business. Or start a consulting LLC, banks tend to give higher credit limits to consulting LLC's. If you do want to be able to conduct different types of business activities through your consulting business, just make sure it states in the operating agreement the it can conduct all lawful business.

[@jovanfranks]

I feel this

[@gatomeowscle5386]

those 4 banks are NOT STUPID BRO

[@anthonyverdin6743]

This dude just wanted to brag about how high his credit score is!!!

[@gison8405]

LOL 🎉

[@PolarBearAireSolutions]

So this type of funding requires personal guarantee?

[@smartphones4cheap940]

have a sole proprietor as a fast solution but would like suggestion on what cards to apply for

[@jaelgarcia4576]

I have bad credit

[@jamesrussell5064]

STOP TELLING PPL ITS SO EASY BECAUSE ITS NOT. ALL YOUR DOING IS SETTING PPL UP TO SCREW UP THERE SCORE WITH CREDIT PULLS.

[@RickPerry-hq1eb]

No more lies

[@ObsessionbyKen]

They still ask for your social security number

[@keenanmurray1012]

Bottom lines u have good personal credit it’s a go

[@pamelabess8393]

Thanks for that I won’t waste my time

[@awakening_bryan]

You took 4 minutes to mention you need good personal credit

[@tranghuyet440]

Talked so mucb but you got approved cuz you banked with them and had a credit history with them 😅

[@TechTakeOver2023]

I try chase and got denied

[@johnhoward8481]

Same here

[@LEGEND04131]

Same here.

[@KiambuTheGreatProduction-ff8ss]

What were you guys data points?

[@LEGEND04131]

@@KiambuTheGreatProduction-ff8ss 649

[@mar__dabarber724]

Next time you apply and get denied. Call their reconsideration line … ( call will last up to an hr ) 🤫

[@royalestatesllc4704]

Cap 🧢 You need to have good personal credit or the foundation of your business has to be good. Several Tradelines and a 80 paydex score

[@gatomeowscle5386]

THUMBS DOWN 👎

[@MarkAnthony-eu6he]

I’m really tired of all these lies and false “get approved “ bull! Smfh

[@MrAlexandder]

FAXXXX

[@natekreie9264]

Do you have use your own credit????

[@bigdeet.v1257]

🙄🤦🏾‍♂️come on bro !! Smh

[@s.k6412]

No more lies 😂😂

[@NghiemAnhBich]

Financial docs provider is the best

[@isinyemiadesina4091]

CAN SOMEONE OUTSIDE AMERICA BE ALLOW TO ACCESS FUNDIND IN NIGERIA 🇳🇬

[@mmvdevelopmentgroupllcf.l.7970]

You can find a Credit Partner here in the US..

[@JulieN-v4r]

NOT ABSOLUTELY!

[@wooterrackz2699]

Where did they pull from

[@JonnyChaing]

Yeah your personal credit score was 770 bro of course they approved you😂😂😂😂😂

[@rambosidi7634]

Yep

[@divyv20]

Hey Cal , very good video . I can do better editing in your videos which can help you to get more engagement in your videos . Pls lmk what do you think ?

[@brentevans7872]

Dude has like 48k subscribers you have about 8? Just saying...

[@LEGEND04131]

​@@brentevans7872😂😂😂😂😂😂

[@biggthirsty2089]

If u applied for a chase personal credit card hope long should I wait to do it on the business side

[@calbarton]

You can get approved 2 Chase cards in a 30 day period.

[@biggthirsty2089]

@@calbarton thank you

[@biggthirsty2089]

@calbarton I recently got approved for an amex on the personal side as well, how long should I wait to apply for one on the business side?

[@thegbhshow1409]

Most ppl in these comments speak about shit they’ve never done so naturally you don’t believe

[@FroyMiranda-o6b]

Hoax hoax , I got an LLC, EIN Number and to this date nothing

[@drivememotors8864]

You had me, until you said they check your personal credit...SMH.

[@rubenluvsmig]

Sick of bs scams videos

[@FreemanArno]

Walker Charles Lopez Donna Lee Maria

[@Yomanjohnson]

🧢

[@CottonBarton-x9r]

Anderson George Johnson Timothy Gonzalez Sarah

[@gatomeowscle5386]

BS

[@hilwaamanamankiyar-pp5bf]

GE

[@TRUTHnLIESPodcast]

Liar

[@nguyenuyennHXED]

@Financialdocsprovider you are the best statement editor

[@asmitkumarsingh8417]

Well done is better than well said and you have proved it with your great effort. You are a perfect and a man of dedication BsnsFunding . Keep up the great work! Having someone like you who’s not only a great innovator but also pulls his best to get the work done so beautifully needs nothing but appreciation. Thanks for the well-off work!