Everyone is getting DECLINED for BUSINESS CREDIT

[@NoelleRandall1]

𝟒 𝐃𝐀𝐘𝐒 𝐋𝐄𝐅𝐓!!! 𝐌𝐚𝐬𝐭𝐞𝐫 𝐡𝐨𝐰 𝐭𝐨 𝐛𝐮𝐢𝐥𝐝 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐂𝐫𝐞𝐝𝐢𝐭 𝐚𝐧𝐝 𝐠𝐞𝐭 𝐚𝐩𝐩𝐫𝐨𝐯𝐞𝐝 𝐟𝐨𝐫 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐟𝐮𝐧𝐝𝐢𝐧𝐠 𝐚𝐧𝐝 𝐥𝐚𝐮𝐧𝐜𝐡 𝐲𝐨𝐮𝐫 𝐑𝐞𝐚𝐥 𝐄𝐬𝐭𝐚𝐭𝐞 𝐩𝐨𝐫𝐭𝐟𝐨𝐥𝐢𝐨 𝐢𝐧 𝐭𝐡𝐢𝐬 𝟑 𝐃𝐚𝐲𝐬 𝐈𝐧-𝐩𝐞𝐫𝐬𝐨𝐧 𝐞𝐯𝐞𝐧𝐭 growyourwealthevent.com/

[@NoelleRandall1]

I'm really hoping that everyone watching this video gets approved for the business funding they need! Wishing you all the best for your business success. If you have any questions or need help, feel free to comment below, and I'll do my best to respond. Let's keep moving forward together! 💪🚀

[@LawsIntuitive]

@@NoelleRandall1 Thank you! Fingers crossed

[@conniechandler9976]

Thank you...we have good credit..which we are a new llc we did get 5000 from truist Which that prob cuz we have banked with them for years. I need tradelines..thank you for the trade lines..how long does it take to build?

[@conniechandler9976]

We did fill out a Bradstreet about 2weeks ago

[@dwaynemayweather3634]

Nothing but gratitude 🙏🏿 🥂

[@NoelleRandall1]

@@conniechandler9976 Great job securing funding and having good credit already! Building business credit with tradelines typically takes a few months. Since you’ve registered with Dun & Bradstreet, focus on adding vendor tradelines like Uline and Quill. Maintaining positive payment history with these vendors will boost your credit score over time. Keep up the good work!

[@essentialinformer]

My company only 3 months old, I got $40,000 limit business card at US Bank, no PG

[@taftkid7365]

@@essentialinformer how please explain high business score???

[@essentialinformer]

@@taftkid7365I don't know if it's any score, it's a New business, I just applied for the card

[@NoelleRandall1]

Wow! Congratulations! that’s a major achievement, especially for a new company. You’re definitely on the right track with building your business credit! For others who have secured similar credit or have experience in this area, what strategies have you found effective for leveraging and managing it? Feel free to share your tips in the comments or ask any questions you might have, and I’ll be happy to offer some advice!

[@NoelleRandall1]

@@taftkid7365 A high business credit score typically results from having strong trade lines, timely payments, and a solid credit history. To build and maintain a high score, focus on paying bills on time, keeping debt levels low, and establishing positive trade lines with vendors and credit accounts. I hope this clarifies things for you. If you have any other questions, feel free to ask!🙂

[@eileent8582]

@@NoelleRandall1 what if your business is self contained? Meaning you don’t really use trade lines/vendor credit? My sister has her own LLC, EIN, business website, email & ph #. she’s a psychotherapist so she sees clients virtually & doesn’t need vendors to conduct her business, nor does she manually swipe or use credit cards w her clients since they are all virtual appointments. How do we build business credit based on her line of work?

[@acbusinessconstructionandd1346]

Te BEST OF YOU IS THAT YOU DO NOT INVEST HOURS AND HOURS... YOU GO TO THE POPINT! and we can listen you briefly.. CONGRATULATIONS!! and THANKS.

[@bobbyserchion]

Hi honey it's all because of you I've got my credit back up I thank you a million times ❤❤❤❤

[@NoelleRandall1]

Wow! Congratulations! I’m so glad to be part of your journey! Seeing you succeed is the best reward. Thanks for letting me be a part of it!

[@jaytizal405]

This felt like a promo for the credit repair company. But great information ℹ️ and we always appreciate it

[@BlackOliveBranch]

I recently got approved for three tradelines. One charged me $95 to activate the account before i could start spending. Another charged $69. After i saw that i didn't bother to open the email to the other approval. It caught me off guard. No one had ever said they charge to activate the account before you can start spending. And yesterday i heard you have to make two to three purchases before they start reporting. So be ready to come out of those pockets so you don't get caught off guard like me

[@NoelleRandall1]

Hey, congrats on getting approved for those tradelines! Those activation fees can be a bit of a surprise. A lot of people don’t realize that some companies charge you upfront before you can even start using the account. And yeah, you might have to make a few purchases before they start reporting to the credit bureaus. Thanks for pointing that out! This is a great heads-up for anyone else looking into new credit opportunities. I recommend always reading the fine print and being prepared for those extra costs.

[@BlackOliveBranch]

@@NoelleRandall1 hi Noelle. I've watched many videos about Net accounts and not one of them mentions this, not even yours. I don't know why y'all would keep that important detail from us. Y'all tell us everything else but that and that's a very key detail that should not be omitted from the videos about Net accounts. Anyways thanks for the knowledge

[@sarahisreal-rw8fb]

Yes! Uline had me make 6 purchases of over $1500 , then I got a net 30 acct & they will never reported my payments there after . So I quit

[@NoelleRandall1]

@@BlackOliveBranch Thanks for bringing this up! Net accounts like Net 30, 60, and 90 are super important for building business credit because they help you establish a solid payment history with vendors. It’s all about using them wisely-paying on time is key to boosting your credit profile. These days, a lot of businesses use Net accounts to quickly improve their credit standing. Just make sure to keep track of your payments and confirm they’re being reported to the credit bureaus. That way, you get the full benefit. And don’t forget to regularly check your credit reports to keep everything in good shape!

[@NoelleRandall1]

@@sarahisreal-rw8fb It’s so frustrating when you put in the effort and don’t see the results you’re hoping for. If Uline or any other vendors aren’t reporting your payments, it’s worth reaching out to their customer service to get it sorted out. You want to make sure your payments are actually building your credit. Also, try mixing things up a bit-add a few more trade lines or credit cards from different vendors. This way, you’re not putting all your eggs in one basket and can build a stronger credit profile. Don’t be afraid to explore other vendors who might have better reporting practices. 🙂

[@tynkrbel201]

Thank you Noelle! Your videos prepared me on how to properly structure and set up my business. My startup of 30 days was approved for a starting line of $3K w/US Bank after opening a Bus. Checking

[@NoelleRandall1]

Awesome! Congratulations on your approval! 🎉

[@amymctear9930]

I'm so glad I found you. Learning so much from you already! Thank you, Noelle!

[@NoelleRandall1]

I'm really glad you're finding value in what I share! Don't forget to subscribe to my channel to stay updated on my next video.

[@TheLifeLounge]

HI Noelle! Listening! When I'm ready I will be prepared!

[@NoelleRandall1]

Your business will get approved!

[@justinmirche]

Thanks Noelle! Justin from creative credit solutions and Justin Mirche Consulting here.

[@NoelleRandall1]

👋👋👋

[@AlexDaniels-ChenDynastyJade]

Hey Noelle and Justin I’ve been a subscriber and viewer for a while now and your content has helped me a lot Noelle ❤.. I just have a question for Justin, what are your business hours cst time so I can schedule my free consultation?

[@NoelleRandall1]

@@AlexDaniels-ChenDynastyJade Its 8 AM to 4 PM CST. Feel free to schedule your free consultation during that time!

[@AlexDaniels-ChenDynastyJade]

@@NoelleRandall1 thanks again Noelle

[@shanikasampson8785]

My business has been open for two years. I’m having an issue with getting contracts from the healthcare companies. It’s a Home Health Care company that I’m opening. I’ve been getting declined because I don’t have any revenue and my personal credit score.

[@MASCooking1]

New to watching the channel, loving the info so far very educational. Question does this work with sole prop or only LLC’s?

[@ellington237]

#1 thing that has helped and hurt me is lack of banking relationship with the Bank.

[@NoelleRandall1]

My advice is to regularly meet with your banker, keep a steady account balance, and practice responsible banking. In today’s world, it’s also wise to explore digital and fintech options, manage your credit, diversify your bank relationships, and have a dedicated account for your business if needed.

[@raymondwailes9472]

Morning Noelle and Thank you for all the information 🦾

[@NoelleRandall1]

You're welcome! Thank you for watching!

[@phyllissong]

I'm definitely guilty of using my personal credit card for business expenses! I'm going to look into getting a business credit card ASAP. The merchant processing tip is a game-changer. I never thought about that before! Thanks for all the valuable advice!

[@NoelleRandall1]

I’m so glad you found the tips useful! Switching to a business credit card is a game-changer-it keeps your personal and business finances separate and can really boost your credit score. And that merchant processing tip? Huge win! Setting up a service like Square or PayPal not only helps you accept more payment methods but can also open doors to better funding options. Keep it up, and your business will be on the fast track!

[@bernfran1313]

Interesting. Thank you, Noelle.

[@NoelleRandall1]

You're welcome! Thank you for the support. 😃

[@michaelfield4642]

Great nuggets

[@NoelleRandall1]

Thank you.

[@dionbraddy]

Wow this great info thank you so much🙏🏾🙏🏾

[@IamPronto1]

Love hearing Noelle drop jewels.... keep it coming

[@NoelleRandall1]

Thank you so much for the support! 🥰

[@IsrealJHenry-Actor]

RE Best friend! I just love you. Nobody can take that away. I appreciate you for posting these videos. I just wish somebody could come my way and invest in me getting my business and taking off. If my life could turn around in a blink of an eye. I would be so happy. I wish I had that $1,500 for your program to get started. You are so valuable to the community and all that you share and do. I wish I had a single coach by my side to set up my LLC. It is so much information out there and gets too confusing if you don't know which information is right or wrong.

[@NoelleRandall1]

Thank you so much for support! I know it can be overwhelming to navigate all this info, especially when starting out. Creating a clear plan and setting small, achievable goals is a great first step. There are plenty of affordable resources and tools online to help set up your LLC without breaking the bank. Also, don’t forget about free webinars and local small business programs-they can be a lifesaver. I also offer mentorship and coaching programs tailored for entrepreneurs like you. If you need help, we can set up a call with me and my team to discuss a personalized plan and how my mentorship can support you. Schedule your FREE call here: callnoelle.com/qualification-page.

[@rosettajackson8771]

Thanks for sharing

[@NoelleRandall1]

You're welcome! 😃

[@MotivatedMillionaire1]

How long your business has to be up and running for to get a loan of 200k with good personal credit?

[@sirmarcus1]

@Noelle I stumbled across your channel a couple weeks ago, and I wanted to say thank you for the wealth of knowledge you’ve provided.

[@NoelleRandall1]

Thanks! I’m glad you’re enjoying the content. Thank you for the support! 🥰

[@olabadeolugbsean]

Thank for the info

[@NoelleRandall1]

You're welcome! Thank you for the support.

[@olabadeolugbsean]

@@NoelleRandall1 always

[@tamorazana]

so your previous video no longer applies regarding those stated income loc's? Chase, BOA, PNC, Truist, Regions, and US Bank?

[@juansolomon1649]

Do we need virtual office space for our LLC?

[@mostmost1]

One buisness credit card was chopped from 10k to $2400. Year in buisness, accounts open and limits which are low. 14%

[@NoelleRandall1]

Hey, I get how frustrating it is to see your limit slashed like that. Here’s a few things you might try: Keep an eye on your credit utilization and maybe pay down your balance more frequently. Make sure you’re reporting all your business credit and paying bills on time-check your credit reports too, just to be safe. It might help to open up a few more credit accounts to build a stronger profile. Keep your finances in good shape and track your revenue closely. And definitely reach out to your lender to see if there’s a way to get your limit back or even increase it. You’ve got this-just keep pushing forward!

[@mauricemosley8380]

7:02 I am not seeing the information regarding building business credit on the website.

[@lobod.suerte6431]

7:15 TIME STAMP - THE BUSINESSIS NOT SETUP PROPERLY

[@Michaela-y6b]

Darlene. Thanks. And. U. To. Ladarius

[@BdManus]

Great information.

[@NoelleRandall1]

Thanks for watching!

[@CarnellaTimes]

So how do you apply for business credit while getting your credit fixed and with a couple of tradelines

[@AanaqtatAtefetre999]

Ok so I need help with structure.. I believe Idid it correctly but I need confirmation. 😊

[@tamorialowe3613]

Quill declined me as well and I had to pay upfront with Quill...

[@NoelleRandall1]

If you’ve been declined, it might be due to a lack of established business trade lines or mismatches in your business information. Consider starting with smaller, more accessible vendors and focusing on building a solid business credit history. Also, ensure all your business details are consistent across various platforms. I hope this helps!

[@raystaples9107]

Once u start paying and build a relationship they will convert your account over to a net 30

[@NoelleRandall1]

@@raystaples9107 Exactly!

[@conniechandler9976]

How long does it take for the tradlines to start reporting?

[@NoelleRandall1]

Typically, business tradelines like those from Uline, Quill, or Grainger start reporting to the business credit bureaus within 30 to 60 days after your first purchase is invoiced and paid.

[@misses4439]

Do you have to wait until you receive you dun and Bradstreet number before applying for credit? I have everything else but waiting 30 days for dun number

[@sarahisreal-rw8fb]

Great content ! When applying for business credit , how do they know if you filed your taxes or not 😅?

[@NoelleRandall1]

Great question! So, when you're applying for business credit, they don't typically check your tax filings directly unless you're going for something big, like an SBA loan or other types of credit that require more documentation. Now, some lenders might ask for your tax returns as proof of income, especially if you're a newer business or trying to get a larger amount of credit. Keep your taxes and financials up to date-it shows you're serious and on top of things. Even if they don’t check right away, having everything ready can help speed things up when it comes to approvals.

[@sarahisreal-rw8fb]

@@NoelleRandall1 thanks so much dear . I truly appreciate you 😘

[@RodzResearch1949]

Really didn't learn anything I already didn't know or couldn't google myself. Mostly just a typical stock video of already established practices; in a shameless attempt to to promote her two affiliate partners. Excellent execution, but there are so many of this so called Influencers peddling knowledge and quick fixes, when in actuality, the "bait" is just getting you watch their videos and visit their affiliate links. That's how these folks make money. Again, there's nothing groundbreaking or net new to learn here... Which as a self-professed expert, Ms. Randall should be ashamed.

[@m3lvin888]

Great video

[@NoelleRandall1]

Thank you for watching! 🥰

[@a-marie4506]

What NAICS # do I use for real estate landlord?

[@NoelleRandall1]

For a real estate landlord, you should use NAICS code 531110, which covers "Lessors of Residential Buildings and Dwellings." 🙂

[@jaymula910]

I thought that code would be 531390

[@ConstantinA1]

How about soHow about someone how are not US citizen or hasn't any US documents but has LLC for 2 years almost, it's possible to take a business card?

[@flexxrader6500]

I don’t understand if it’s a new LLC how can you have all these things business Credit three months of merchant process when you just trying to get business funding? And also, I thought your EIM was sufficient enough that you don’t need a Dun & Bradstreet number. And do you also need a DBA as well?

[@NoelleRandall1]

Great questions! For a new LLC, building business credit and setting up merchant processing accounts can be a gradual process. Start with vendor accounts and basic processing to lay the foundation. An EIN is essential for taxes and banking, but a Dun & Bradstreet number (D-U-N-S) is key for establishing business credit, especially for larger funding. A DBA isn't required but can help with branding and streamline banking processes. Hope this helps! Feel free to ask more questions.

[@angelvaz1164]

@NoelleRandall1 Hi Noelle What about if you have a business partner with a better credit than you? Can you still get business credit if they’re the one applying as the main person on that business.? Please advise ❤

[@NoelleRandall1]

Hi there! Yes, if your business partner has better credit and is applying as the main person on the business, their credit can positively impact the business credit application. However, be sure that all documentation accurately reflects their role and responsibility in the business. 🙂

[@angelvaz1164]

@@NoelleRandall1 so should my business partner be the main person on every document in regards to our business? I’m currently working on my personal credit and I don’t want my credit to be compromising on anything with the business and operations. What would be the best option? Please advise 🙃 🫶🏻

[@martinmendoza8805]

I was declined to my due to my DTI was too high....and zero cash flow...but I have great credit, I need help because it's a start up lol what can I do?

[@TR-BA369]

Business 1 1/2 mos old. Didn't ask for PG, but have pretty good personal credit. Took your advice and went through Quill, but they did not offer the repayment for $100. Got an immediate answer while still on the site which was declined. Maybe it was too soon. At the time I applied, the business was only a couple of weeks old ????

[@NoelleRandall1]

Thanks for sharing. If your business is only a couple of weeks old, it might be too soon to get approved for credit, even with good personal credit. Lenders often look for more established businesses with a track record of trade lines. Keep building your business credit by using and repaying trade lines like Quill and others, and try again in a few months. 🙂

[@TR-BA369]

@NoelleRandall1 Thank you, will do 😊

[@DiaParks]

Do you freeze your personal credit, when you apply for business credit?

[@NoelleRandall1]

Yes, freezing your personal credit when applying for business credit is a smart move. It keeps your personal credit from affecting the decision. Just make sure your business credit is strong and established before you apply. If you're unsure, consulting a credit expert is always a good idea to make sure you're on the right track!

[@DiaParks]

@@NoelleRandall1 Thank You...

[@Sassy1007]

Hello I was denied for a credit card due to my personal credit dti is high. My business is buying rental property. I just opened up last month. I need help. Minority business.

[@angeladherod2655]

True 😊

[@tamorialowe3613]

How do you use ONLY you're business credit though

[@NoelleRandall1]

To really leverage your business credit, start by building it up with solid trade lines and always paying on time. Make it a habit to use your business credit for all your expenses and steer clear of personal guarantees when you can. By focusing on growing your business credit, you’ll find that you won’t need to rely on personal credit as much. Hope this helps you on your journey! 🙂

[@fitnessbyaugust4356]

I own a fitness business. What business code do I use for this?

[@NoelleRandall1]

For a fitness business, you typically use the NAICS code 713940, which is for "Fitness and Recreational Sports Centers." This code covers establishments that provide fitness training and recreational sports services. 🙂

[@fitnessbyaugust4356]

@@NoelleRandall1 thank you 😊

[@Kokolove-z4z]

When declined does the bank inform you why you were declined

[@NoelleRandall1]

Yes

[@Kokolove-z4z]

@@NoelleRandall1 Aww thank you for responding I appreciate all the knowledge you are are sharing with us blessings ❤️💕

[@NoelleRandall1]

You're welcome! @Kokolove-z4z! Don’t forget to subscribe to my KZbin channel. 🥰

[@Kokolove-z4z]

@@NoelleRandall1 Been subscribed ❤️❤️

[@NoelleRandall1]

@@Kokolove-z4z Awesome!

[@noblegoldpropertiesworldwi6703]

hi dear, 🎉 thanks alot I have learnt from your classes, but I have I little challenge here. I am writing you from Africa, Nigeria. our financial institutions here doesn't give such policies that should enable me , are not in place. hence, how do i get this fixed, I mean buying a house on loan, or mortgage and turning it a rent, and have the client do your payment

[@NoelleRandall1]

Hi there! I understand your challenge. Consider exploring private lenders or real estate investment groups for more flexible financing options. Partnering with local real estate professionals can also provide useful guidance. Additionally, check for any government programs or incentives for investors and look into real estate crowdfunding platforms to raise funds from multiple investors. I hope these ideas help you move forward with your real estate goals. Best of luck!

[@vanessarockie2309]

Noelle what if your a female owned business is a spiritually based business. I'm a Tarot/Oracle reader?

[@NoelleRandall1]

Even if it’s a spiritually based business, as long as you set it up properly and maintain good personal credit, you’ll be on the right track. Lenders look for a solid structure and reliable credit history. Make sure your business info is consistent everywhere, and consider setting up merchant processing accounts to boost credibility and funding options. 🙂

[@vanessarockie2309]

@@NoelleRandall1 Thank you so much! I love your channel and I appreciate all the wonderful information you are providing for us newbies. 🥰🥰

[@MosesDaverman_Realtor]

I wonder if I can get business credit as a realtor 🤔

[@NoelleRandall1]

Absolutely! Just ensure your business is properly set up, establish business trade lines, and maintain good personal credit to improve your chances of approval. 🙂

[@Toddington444]

I need help but im in canada. Just a simple error on my report. Dropped 100 from 8 something.

[@NoelleRandall1]

I totally understand how frustrating it can be. It’s super important to take a close look at your credit report and gather any documentation you need to support your claim. Once you have everything, just reach out to the credit bureau, explain the mistake, and share your evidence. They’re usually pretty helpful in sorting things out. Stay proactive i know you got this!

[@tamorialowe3613]

I can't get NO BUSINESS CREDIT CARDS....My credit score is 577

[@NoelleRandall1]

I understand your frustration. Here’s a little tip for you: start by establishing business trade lines and consider using secured credit cards to boost your credit profile. Also, focus on paying down any existing debt, making payments on time, and regularly checking your credit report for errors. Improving your personal credit score can also help you secure better business credit opportunities down the line. Hang in there, and you’ll be on the right track!

[@tamorazana]

and better grammer

[@Glam_Gritty]

So basically business credit really isn’t business credit

[@NoelleRandall1]

Exactly! While business credit is intended to be separate from personal credit, many lenders still use personal credit as a factor in their approval process, especially if a personal guarantee is required. Fixing your personal credit can significantly improve your chances of securing business credit. 🙂

[@85OGeezy]

@@Glam_Gritty Exactly! The fact that financial institutions look at your personal credit history from the outset says it all.

[@tamorazana]

@@NoelleRandall1 thinking you maybe should remove your previous videos on stated income loc's for businesses......

[@ILM2219]

I am seeking the proper way to set up my LLC... You ID my situation in your comments above. Not my area...however, it will be now... I am seeking clarity and what to do first... HELP! :) :(

[@GladysLeny-lq5zh]

I I have some credit cards from some stores. I only owe one store credit card But I have student loan that it will take me about 30 years To finish paying But I want to Buy and flip house Also have sown rentals That way I be able to have money enough ti paid off All my student loan Earlier Because my income is so low That’s why I want to build the business

[@NoelleRandall1]

Absolutely, Even with a long-term student loan, building a real estate business can be a great strategy to increase your income and accelerate your debt repayment. I suggest starting with flipping houses and managing rentals to boost your earnings. With time and smart investments, you'll improve your financial situation and pay off your student loans sooner. Goodluck on your journey!

[@Mamarita143]

I got denied due to bankruptcy on my personal- bankruptcy was in 2019, will that stop me from all creditors?

[@NoelleRandall1]

I totally get where you're coming from. Bankruptcy can impact your credit, but it’s definitely not the end of the road. Since your bankruptcy was in 2019, many lenders will look at how you've managed things since then. If you’ve been working hard to rebuild and showing positive progress, that can really make a difference. Some creditors are more open when they see you’re making strides. For more personalized help, I highly recommend my friend Justin Mirche. He’s great at credit restoration and can offer you a free call. You can reach him here: www.creativecreditsolutions.info/noellerandall

[@QueenDET]

What’s the process for setting up your business properly to receive funding to get a car for your Turo business? @noelle Randall