Why You Business Name is Critical to Funding

[@videostoviews2262]

You have very high energy! Every time I watch your video, I'm wide awake and do not miss a beat. This is great!

[@CreditSuite]

That's how passionate Ty is when it comes to discussing business credit and financing. 🤘

[@anthonyrose6686]

Wow awesome information

[@CreditSuite]

Thank you for watching this video Anthony, if you're new to our channel make sure to subscribe for more great content.

[@jorgemercado7505]

That's Ty, I'm calling you. I need help, AHHHH!!! I feel like I'm going in circles and accomplishing nothing. I see the value. Thank you for what you do.

[@CreditSuite]

Thank you for watching this video Jorge. We would love to see how we can help. Give us a call at 877-600-24987 or schedule time to talk. to us here: utm.io/unji

[@dadams3885]

What Naics code do you use for a Etsy shop that sells digital products and apparel

[@CreditSuite]

Thanks for your comment. Here is how to check the NAICS codes to make sure your business isn't being categorized as High Risk or Restricted. 1) Search for your business type at www.naics.com/search/ 2) In a separate tab cross reference the NAICS code with their list of High Risk and Restricted codes at r7j8i9x2.rocketcdn.me/wp-content/uploads/2014/10/NAICS-ASSOCIATION-High-Risk-and-Cash-Intensive-NAICS-Codes-List.pdf This is the easiest way to make sure you are properly classifying your business.

[@donsmith749]

What would you recommend for a limited service restaurant ?

[@CreditSuite]

Call us at 877-600-2487 for free consult from out business credit specialist or you can schedule it here: utm.io/unji

[@BeesyCash]

If you can provide six months bank statements and fill out our application, I can help!

[@superturbo2008]

What would be a low risk NAICS for ecommerce?

[@CreditSuite]

Here is how to check the NAICS codes to make sure your business isn't being categorized as High Risk or Restricted. 1) Search for your business type at www.naics.com/search/ 2) In a separate tab cross reference the NAICS code with their list of High Risk and Restricted codes at r7j8i9x2.rocketcdn.me/wp-content/uploads/2014/10/NAICS-ASSOCIATION-High-Risk-and-Cash-Intensive-NAICS-Codes-List.pdf This is the easiest way to make sure you are properly classifying your business.

[@FueledbyDiscipline]

I’m in e-commerce and I resell or do “ retail “ super generic The never show my industry or they want specificity …. And I don’t specify in one particular retail niche

[@CreditSuite]

So long you keep the congruency of your business name across all boards SOC, IRS, Credit Bureaus, Credit Application etc

[@BeesyCash]

If you can provide six months bank statements and fill out our application, I can help!

[@denisguerrero9794]

Hi, Do your company helps to to pick and choose a low risk good business name? I I need help to choose and pick low risk business name for a company I want to do I need help . Thank you

[@CreditSuite]

Sure! Feel free to reach us at 727-617-7803 so we can check!

[@AVOfutbol]

So basically what youre saying is that you wouldnt pick the name "chicos bail bonds" but instead you would use something like "chicos (insert NAICS here) Inc" or LLC or Corp Am I understanding this correctly?

[@AVOfutbol]

for example, I have an LLC. It's AVO Investments LLC the industry that I'm getting into is a sports facility and recreational Would I change my LLC to something like AVO Sports (Insert NAICS here) LLC???

[@CreditSuite]

With this and your followup question in the comment response: You're on to the correct idea! Moving those words around/taking a few words out, could greatly enhance your funding chances.

[@legendsoftheamericas5670]

Hello Ty - thank you! I have an LLC (not taxed as an S-Corp) for my life coaching business. I plan to start a 2nd LLC for my real estate agent work. Would you recommend I elect for my LLC to be taxed as an S-Corp in that case?

[@CreditSuite]

Great question. The difference between an LLC and S Corp has more to do with Tax Savings than it does with business credit or lending. As an LLC you have the ability to upgrade the company to an LLC at any time. If it is the right time to do so would be a conversation better suited for your CPA to make sure you getting the most our of your tax benefits. If you have more questions feel free to call us at 877-600-2487

[@DigitalDestiny]

I own a holding company. (among other things) Unfortunately it seems this is causing me to get denied credit. How do I change the NAICS code associated with my company?

[@CreditSuite]

Thank you for watching this video @LadyVix, here's what I've found from the naics.com website. Here's the link: www.naics.com/hrf_faq/how-can-i-have-my-companys-naics-code-changed/ There is no “official” way to have a company’s SIC or NAICS code changed. Various Federal government agencies maintain their own lists of business establishments, and assign classification codes based on their own programmatic needs. Generally, the classification codes are derived from information that the business establishment has provided on administrative, survey, or census reports. For this reason, we recommend that you contact the agency that has assigned the code that you believe should be changed. For example, if you question the SIC or NAICS code contained on a form received from OSHA, you should contact the Department of Labor. For access to a list of Federal government agencies, visit this site. Hope this helps.

[@BeesyCash]

If you can provide 6 months of bank statements, and fill out our application I can help!

[@unclelee2668]

Not informative.

[@CreditSuite]

What made you say that?