How to Use a Business Credit Card for New Business & Startup

  Рет қаралды 282,038

LYFE Accounting

LYFE Accounting

Күн бұрын

Пікірлер: 291
@tlong414
@tlong414 2 жыл бұрын
Hey everyone, please be aware that when a PG is used, you’ll get dinged for a inquiry on your personal credit 😒 Amex business credit was approved but I wouldn’t have applied because of my ignorance. I could have waited. Btw Brex will ask for a ss# in the application. I’m in the start phase so… thanks for the info Lyfe!
@LYFEAccounting
@LYFEAccounting 2 жыл бұрын
Thanks for being so open and sharing with everyone!
@tlong414
@tlong414 2 жыл бұрын
@@LYFEAccounting for sure😃. This channel has been so informative and helpful. I appreciate you guys!
@Hardworkbusiness
@Hardworkbusiness 2 жыл бұрын
What the website
@electroduval831
@electroduval831 2 жыл бұрын
Amex typically only hard pulls you for your first card. It’s all internal score after that. I have the blue business cash and the US Bank Triple Cash. Those two cover most of my business spend for now.
@djphinesse
@djphinesse 2 жыл бұрын
I got approved for Brex!
@Reynolds200091
@Reynolds200091 2 жыл бұрын
I just got my business setup last night an I have my EIN An I have a bank that I’ll be banking with.. next get a business credit card but how I’m watching too appreciate you
@shastamonique5824
@shastamonique5824 9 ай бұрын
We just established our business today. Super excited but so very nervous. We’re trying to learn all we can with building the business credit.
@jaredfernandez4319
@jaredfernandez4319 3 ай бұрын
hows your business?
@porfiriomagana7166
@porfiriomagana7166 Жыл бұрын
Hi there, opened a business checking account and business credit card as soon as got my electrical contractors license last year out here in California, thanks for the educational videos my man!
@steelerfanmattt5150
@steelerfanmattt5150 2 жыл бұрын
Just started my LLC for Trucking . It amazes me that it’s so easy to set up and they make it so easy then throw you in the cold when it comes for options for NEW start up’s . But I’m down for the challenge . Thanks for the knowledge .
@truckervance
@truckervance 2 жыл бұрын
Congratulations! Similar situation, but I opted for a short cut to business credit with a Crown Office Supplies NET 30 account. They report the initial $99 membership fee to the credit bureaus which gives you some business payment history in 30 days of them reporting it. It's worth consideration.
@ch0lito
@ch0lito 2 жыл бұрын
@@truckervance Thanks for sharing
@claychains
@claychains Жыл бұрын
I'm starting a cannabis company in Minnesota now that it's legal struggles are running into with no money denied for credit personally and even my business through Navy Federal Mid-Minnesota Federal Credit Union all the credit cards companies loans everything everywhere I just seen dead ends 17 inquiries on my credit in the last year-and-a-half student loans that keeps showing up on all credit companies reports 70k just now out of default going to try for loan forgiveness program I noticed that I lost 62 points the other day on Experian as soon as my loans were out of default
@KevinG1994
@KevinG1994 Жыл бұрын
@steelerfan, who did you go with and did it work out?
@claychains
@claychains Жыл бұрын
@@KevinG1994 no luck with the financials just 100 points
@0kngrd289
@0kngrd289 Жыл бұрын
Thank you for your full focus on the job instead of focusing on proving yourself to others. You always tried harder to be better Firewall Tech and now your success speaks out louder. Thank you for a hard work. I’m sure it was worth it all. There is no doubt that you are the most deserving of all that should be given a shout out
@kobedorsey
@kobedorsey 2 жыл бұрын
COMPLETELY NEW BUSINESS owner and im trying to get a business credit card
@gtheentreprenerd7207
@gtheentreprenerd7207 2 жыл бұрын
DAMMNIT, 🔥🔥🔥🔥🔥 That was some FIREEASS Knowl you dropped about Cashflow while using a credit for your expenses
@mecix2525
@mecix2525 Жыл бұрын
Everyone just look at this amazing guy. The way the pros move, how they work, the wonderful voice talking, it’s all carefully planned out and a LOT of work is put into it. They are so much more alive compared to others. He’s really come a long way. Thank you Firewall Tech
@adelcamac8681
@adelcamac8681 10 ай бұрын
I agree with you 💯 👍
@latoya77092
@latoya77092 2 жыл бұрын
This was the most informative video I've watched on KZbin concerning business credit cards. Im not sure why other "business gurus" often leave out very valuable and significant information like Personal Guarantee and how your personal credit could be affected even though you may have a business credit card. THANK YOU!
@Hicks_Cutz
@Hicks_Cutz 2 жыл бұрын
Just started with business credit.. set up divvy prepaid business card, nav account, uline net 30, quill net 30, capital one spark business (personal guarantee). Thinking about a few gas cards but only if no PG.
@LYFEAccounting
@LYFEAccounting 2 жыл бұрын
Man you’re killing it! What are trying use the business credit for?
@jamoniebarrs2094
@jamoniebarrs2094 2 жыл бұрын
You are very great presentor/speaker. You didn't stumble your words or say "um" at all! Very consistent
@SandraOrnelas-zb7zs
@SandraOrnelas-zb7zs Жыл бұрын
I love your videos they are very helpful and entertaining
@keamiyahwalker523
@keamiyahwalker523 8 ай бұрын
Great Video and easy to understand
@blessedone5712
@blessedone5712 2 жыл бұрын
Always coming through with the free game and sauce. Thank you bro
@morganresendiz7449
@morganresendiz7449 2 жыл бұрын
I’m currently trying to get a credit card!
@xproshan4846
@xproshan4846 Жыл бұрын
You consistently bring your all and I truly appreciate that Firewall Tech . Thank you for making the corporate life so smooth. Proud to have you work for me. Great work as always.This is the beginning of many more good things to come. May you get everything, that you could demand. Best wishes in all you do and congrat to me as well, job well done!
@mscfolee7971
@mscfolee7971 2 жыл бұрын
I love your team/ associates you all honest and information is very useful without the fluff. Thank you for getting straight to point xoxox
@GastonNehan
@GastonNehan 2 жыл бұрын
Cant thank you enough man..this channel has a been a huge blessing, for someone like me who knew nothing about starting a business..God bless👽
@proofesional9409
@proofesional9409 Жыл бұрын
Honestly, just owning it and not trying to hide it is a partially why I watch you. It's the honorable thing to do and it make the rest of jobs much more believe when you are call out of the spots like that, so thank you Firewall Tech for making me see his phone activities
@kathleenruiz2642
@kathleenruiz2642 Жыл бұрын
🔥 🔥 🔥 thank you, valuable information!!!
@evelyn1480
@evelyn1480 2 жыл бұрын
Thank you. Sean, we all appreciate your wealth of knowledge, on wealth building
@YouKnowTheBiz
@YouKnowTheBiz 2 жыл бұрын
I want to get a buisness account and credit card just taking notes on LLC info and this info still learning before action thank you
@powerwebsite
@powerwebsite 2 ай бұрын
Your videos are very helpful!!! Thank you.I have a business but I never get a business card. I only use my personal credit card. Do you think, it's necessary for me to get a business credit?
@kelsiibarra614
@kelsiibarra614 Жыл бұрын
trying to start up my lash bis !
@xyline8234
@xyline8234 Жыл бұрын
Fewer problems, more solutions - keep working like this and nothing will be able to stop you from reaching the top. Good job Firewall Tech , Even the smallest of jobs well done will take you one step closer to the success you have always dreamed about.
@mariagregg2350
@mariagregg2350 2 жыл бұрын
I am so happy I found your channel thank you
@misswattley6743
@misswattley6743 2 жыл бұрын
Thank you for these vids, I just recently started a business and these vids are extremely helpful
@LYFEAccounting
@LYFEAccounting 2 жыл бұрын
Great to hear! If you don't mind sharing, what kind of business have you started?
@misswattley6743
@misswattley6743 2 жыл бұрын
@@LYFEAccounting I don’t mind at all, it’s a trucking business. I just became an owner operator recently
@LYFEAccounting
@LYFEAccounting 2 жыл бұрын
Congrats! I've been thinking about doing a tax video for truck drivers but wasn't sure if it would be relevant enough. What do you think?
@misswattley6743
@misswattley6743 2 жыл бұрын
@@LYFEAccounting omg yes! It would be so helpful and there’s a lot of ppl already in and joining the transportation industry that’s needing assistance
@steelerfanmattt5150
@steelerfanmattt5150 2 жыл бұрын
@@LYFEAccounting please
@walterheard4886
@walterheard4886 2 жыл бұрын
Needing a business credit card.
@justinescobar7063
@justinescobar7063 2 жыл бұрын
Currently have two credit cards. Not a high limit (5k)
@acetreyner2906
@acetreyner2906 11 ай бұрын
Thoughts on the chase ink cash vs chase ink unlimited?
@4-everyyoursyah574
@4-everyyoursyah574 2 жыл бұрын
Your company continues to present a wealth of fantastic information, which all of us need, sooner or later within our business lives. You have shown me some more ways, to get a bigger financial hold, on the market we are currently working in. Thank you again, for helping the little man to grow, with your knowledge! Great business cards are an amazing vehicle.
@stephaniepayne3497
@stephaniepayne3497 2 жыл бұрын
I am brand new. Wanting to begin my own small business. Step by step. Please, thank you much ❤️💯
@ChrisDiggins
@ChrisDiggins 2 жыл бұрын
My ninja! You were talking to me in this video. Yes. I am in the category you are talking about when it comes to a credit card. Thank you.
@claytonday2707
@claytonday2707 2 жыл бұрын
Trying to get my first business credit card and I have great personal credit
@titotita-n4f
@titotita-n4f 2 жыл бұрын
This was the best information that I have EVER come across. As a Financial Advisor I am always looking for people to support clients that have these issues and can explain what is going on without them "wasting" money with no results. I will definitely support this recommendation *NERDSTARKCORP🪐COM* to all of my clients when I see they have a credit issue. I have been hood winked by so many companies and people in this line of business and I am excited that theyre a team of integrity to actually help people
@lordofbrawltiktok7685
@lordofbrawltiktok7685 Жыл бұрын
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 Incredible Cybers . 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!
@emeraldstream
@emeraldstream 9 ай бұрын
@LYFE didn't the Amex thing say *severally* vs severely? Can you explain the meaning?
@SuperMaxCarp
@SuperMaxCarp 10 ай бұрын
Dont forget that cash back you get from the cards is not taxed...the tax code is set up in a way that credit card rewards are not taxed
@XYRN02
@XYRN02 2 жыл бұрын
Your Videos Are Really Great…! Your presentation is great and informative…!
@Winter_Ra
@Winter_Ra Жыл бұрын
Currently have a biz cc
@itsCapria
@itsCapria 2 жыл бұрын
I tried bred but got rejected because I was under a sole proprietorship than an LLC 😅 I’m trying hard to get one so I can get my business running 🏃‍♀️
@wilsonfreeman4981
@wilsonfreeman4981 2 жыл бұрын
Hello Elodie, lol hope I got the name right? I can get you help in the person of Paul Humphrey, he will get you sorted immediately and he will leave you with good credits without limitation.
@emeraldstream
@emeraldstream Жыл бұрын
What an excellent video. That last line--one cycle @ a time beyond the intro period...elaborate?
@scooter10421
@scooter10421 2 жыл бұрын
These videos are fantastic. Thank you.
@rodneyjones4763
@rodneyjones4763 2 жыл бұрын
This video is on point >> finally ... spoken just like a CPA. I love it
@sidehustlefilms8007
@sidehustlefilms8007 Жыл бұрын
Does bank of America report business credit cards transactions on my personal credit report?
@selenajackson1126
@selenajackson1126 2 жыл бұрын
It’s been hard for me to get a business credit card. I went to Bank of America, open a checking account, apply for one and got turned down. Starting a business is not as easy as people are saying. Money is going out and nothing is coming in.
@Spree1775
@Spree1775 2 жыл бұрын
I would love to see a true work of art; from zero to hero. Low credit score, unfavorable credit history, and actual growth and acceptance of grants, business credit, credit cards, business loans, etc.. I have a feeling the professionals online/ KZbin lack keys to heavy doors. I'll never park in stagnation albeit I'm quite disheartened with the lack of correspondence from our so- called experts. A majority of the comments read the same; great information etc etc..BS!
@iamamarie
@iamamarie 2 жыл бұрын
Agreed
@happyreality244
@happyreality244 8 ай бұрын
I am trying to get a business credit card
@Harunmotovlog02
@Harunmotovlog02 Жыл бұрын
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. He does what he says he is going to do and his ethics are of the highest quality. Firewall Tech
@joehendrickscasinoman7849
@joehendrickscasinoman7849 7 ай бұрын
Im considering 2 businesses selling water ice and teaching CPR classes.Any thoughts or info guys????
@AdinMcr6638
@AdinMcr6638 2 жыл бұрын
Very informative. Thank you for sharing.
@costonbrantley
@costonbrantley Жыл бұрын
Starting a new business need to built some business credit
@tyregrinage7065
@tyregrinage7065 2 жыл бұрын
TRYING to get one
@tamorialowe3613
@tamorialowe3613 5 ай бұрын
I'm trying to get a business check card
@NotAnnaJones
@NotAnnaJones 2 жыл бұрын
Such a great channel. ❤️
@CrQualityPhotography
@CrQualityPhotography 2 жыл бұрын
Love this account ! This is only my second video and I'm already learning a lot ! 👏👏
@joehendrickscasinoman7849
@joehendrickscasinoman7849 7 ай бұрын
me 2
@pubgamer7930
@pubgamer7930 Жыл бұрын
The time and efforts you had put into this work that is beyond excellence. Take my cordial thanks! You are really an efficient, organized and result-oriented man Firewall Tech .Thank you for all the extra hours and extra effort you had to put on for getting this job done. I appreciate every bit of your effort. Thank you for pulling this off so smoothly. Great works
@Calvoimpatient
@Calvoimpatient 2 жыл бұрын
Working on building business credit!
@wilsonfreeman4981
@wilsonfreeman4981 2 жыл бұрын
Hello Calvo, do you need fast and reliable help with that? My buddy helps out with such services and your credits would have no limitations. You can book a consultation session right away either through an email or Whatsapp and that's fast because it's a one-way communication with him so you can share progress as well as results over time.
@FinancialFreedomMadeSimple
@FinancialFreedomMadeSimple 2 жыл бұрын
Been learning a lot from every videos you post. Thanks!
@keishawilliams6606
@keishawilliams6606 2 жыл бұрын
S-corp who has our first $10k business credit card but we are looking for more funding not PG, though. And how to leverage $10k to scale business.
@StreetzCultureTV
@StreetzCultureTV Жыл бұрын
This is a great video 🔥®️🔥
@roscoetube8065
@roscoetube8065 2 жыл бұрын
Thanks for the information something that caught my attention was when you said "Bank Of America.' So is Bank Of America the way to go?
@Kingiscoming
@Kingiscoming 2 жыл бұрын
Amazing content as always! true value
@stephaniepayne3497
@stephaniepayne3497 2 жыл бұрын
What is the average to good credit score?
@tarawalker7193
@tarawalker7193 2 жыл бұрын
I'm looking to get funding. Thanks for the info.
@jokijen1335
@jokijen1335 2 жыл бұрын
good informition
@luxuryboss9
@luxuryboss9 2 жыл бұрын
Trying to get a biz card
@ronaldlandry5311
@ronaldlandry5311 Жыл бұрын
I am a new business starting to build business credit cards , trying to get accepted and start my business off running
@batureis
@batureis Жыл бұрын
As a person & professional you couldn't get any better than Firewall Tech . He is a very reliable person and an excellent professional in the IT field. He is the type of person you want to work that's passionate, hardworking and knowledgeable. You’re The Best 100%
@zombievenom30
@zombievenom30 2 жыл бұрын
I just started my business this year but I still have to get a business account and credit. I’m curious to know more.
@youmayberight2434
@youmayberight2434 Жыл бұрын
Thank you. I really appreciate this contact.
@XNihilityx
@XNihilityx 2 жыл бұрын
Can you charger your business credit card through your own business carder reader? Will it deposit like normal?
@MamaG214
@MamaG214 2 жыл бұрын
Great overview on usage of Business Credit Cards for Startups
@Motivation-Inspiration1953
@Motivation-Inspiration1953 2 жыл бұрын
I need to apply for business credit cards
@wedamobb6166
@wedamobb6166 2 жыл бұрын
Hey do I need a duns number to start building business credit ? Or I can just start getting vendors
@teesthoughts6717
@teesthoughts6717 2 жыл бұрын
I haven’t started the process but I worry that my credit is too low… would like to get one
@michaeldonley7741
@michaeldonley7741 2 жыл бұрын
Good video bro ✊🏿 we gone build black Wall Street again✊🏿
@danahorton6915
@danahorton6915 2 жыл бұрын
I need help to get it started
@kjan120
@kjan120 2 жыл бұрын
I do have business but no business credit cards ..but I would like to know how to get business credit card instead personal ?
@douglassfogg7287
@douglassfogg7287 2 жыл бұрын
Thank you.,
@dajoremarks9137
@dajoremarks9137 2 жыл бұрын
Have any recommendations for non PG or bad personal credit
@letsgoviral777
@letsgoviral777 2 жыл бұрын
Excellent vid!
@kjan120
@kjan120 2 жыл бұрын
Can you tell us , How to establish business credit cards
@DMC8282
@DMC8282 2 жыл бұрын
I just got my business credit cards for my LLC. I am a consultant and use my personal car and office out of my home. I went with chase to earn points. I am going to pay for some online training carts. Can u use your business card for car repair or a home repair
@bricris3424
@bricris3424 2 жыл бұрын
Trying to get approved for a business home depot cc. I also need a bofa CC lol! I have personal and business with them.
@tracytaylor8049
@tracytaylor8049 2 жыл бұрын
I am a woman starting a small business. And need a credit card , biz or line of credit for location inventory and expenses. Do they look at our personal credit, will that take a hit,
@debrahuynh4574
@debrahuynh4574 2 жыл бұрын
Are you a CPA? Do you tax for California?
@varakumar1778
@varakumar1778 Жыл бұрын
Hey, I am from India and I have an LLC in the USA. I do not have SSN. Apart from Brex which credit cards do you suggest to build business credit
@adventureswithbabyblueglam839
@adventureswithbabyblueglam839 2 жыл бұрын
Excellent this was a great video Can your next one be on how to get contracts thank you
@veedaboss
@veedaboss 2 жыл бұрын
Chase and all them other cards use a PG so you have to have bomb ass credit. Brex is wack! I had them and they closed my account and held my money saying they had suspicion of fraud but never asked me to prove anything. But they held my money for months. Most non PG cards you will need to have some business tradelines and decent business credit to get that
@morrismccalebb4458
@morrismccalebb4458 Жыл бұрын
Im trying
@VietBuffet
@VietBuffet Жыл бұрын
I got an upper 700 credit score, applied for an LLC with EIN but 3 different banks rejected my applications (including those banks that I have credit cards for years). What am I doing wrong?
@LovingGod1
@LovingGod1 2 жыл бұрын
What about using your local bank to get a business credit card?
@gabriellawilliams697
@gabriellawilliams697 2 жыл бұрын
Really trying to get my first business credit card to get necessary equipment
@wilsonfreeman4981
@wilsonfreeman4981 2 жыл бұрын
Hello Gabriella, that's great. Do you need help with that, I can help you with a fast and reliable provider who consults for such circumstances he would get you credits without limitations as long as you would maximize the credits on your preferred business.
@wesguerrierphotography1919
@wesguerrierphotography1919 2 жыл бұрын
I don't have a business credit card as of yet. New Startup, LLC, no PG
@sandrawalker9047
@sandrawalker9047 2 жыл бұрын
I’m trying to get a business credit card to start my business
@richardhamelinck312
@richardhamelinck312 2 жыл бұрын
need one for my tattoo business
@maj5096
@maj5096 2 жыл бұрын
What is a good initial business cc limit with a new business and a strong borrower (800 FICO) as the guarantor?
@beanzhillyhill3646
@beanzhillyhill3646 2 жыл бұрын
Just started my truck and company brother I have no business credit I don't even have a truck but I'm ready
@bosschickstravelagent951
@bosschickstravelagent951 2 жыл бұрын
Trying to get business credit card
@patriciagifted3158
@patriciagifted3158 2 жыл бұрын
Hello I'm just getting my EIN and my LLC do I need to apply for a business card or go to the bank for it
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