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

LYFE Accounting
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20 авг 2024

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Комментарии : 286   
@tlong414
@tlong414 2 года назад
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 года назад
Thanks for being so open and sharing with everyone!
@tlong414
@tlong414 2 года назад
@@LYFEAccounting for sure😃. This channel has been so informative and helpful. I appreciate you guys!
@Hardworkbusiness
@Hardworkbusiness 2 года назад
What the website
@electroduval831
@electroduval831 2 года назад
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 года назад
I got approved for Brex!
@shastamonique5824
@shastamonique5824 4 месяца назад
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.
@Reynolds200091
@Reynolds200091 Год назад
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
@kobedorsey
@kobedorsey Год назад
COMPLETELY NEW BUSINESS owner and im trying to get a business credit card
@0kngrd289
@0kngrd289 Год назад
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
@porfiriomagana7166
@porfiriomagana7166 Год назад
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 года назад
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 года назад
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 года назад
@@truckervance Thanks for sharing
@claychains
@claychains Год назад
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 Год назад
@steelerfan, who did you go with and did it work out?
@claychains
@claychains Год назад
@@KevinG1994 no luck with the financials just 100 points
@mecix2525
@mecix2525 Год назад
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 6 месяцев назад
I agree with you 💯 👍
@gtheentreprenerd7207
@gtheentreprenerd7207 2 года назад
DAMMNIT, 🔥🔥🔥🔥🔥 That was some FIREEASS Knowl you dropped about Cashflow while using a credit for your expenses
@datluvlyfem
@datluvlyfem Год назад
Just got approved for chase! Thank you!! You are very helpful
@shastamonique5824
@shastamonique5824 4 месяца назад
Did they use your personal financial info?
@Hicks_Cutz
@Hicks_Cutz Год назад
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 Год назад
Man you’re killing it! What are trying use the business credit for?
@latoya77092
@latoya77092 2 года назад
This was the most informative video I've watched on RU-vid 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!
@jamoniebarrs2094
@jamoniebarrs2094 Год назад
You are very great presentor/speaker. You didn't stumble your words or say "um" at all! Very consistent
@SuperMaxCarp
@SuperMaxCarp 6 месяцев назад
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
@selenajackson1126
@selenajackson1126 2 года назад
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 года назад
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/ RU-vid 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 года назад
Agreed
@happyreality244
@happyreality244 4 месяца назад
I am trying to get a business credit card
@mscfolee7971
@mscfolee7971 2 года назад
I love your team/ associates you all honest and information is very useful without the fluff. Thank you for getting straight to point xoxox
@proofesional9409
@proofesional9409 Год назад
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
@blessedone5712
@blessedone5712 2 года назад
Always coming through with the free game and sauce. Thank you bro
@user-we1sj7bc8b
@user-we1sj7bc8b 2 года назад
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👽
@xproshan4846
@xproshan4846 Год назад
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!
@itsCapria
@itsCapria 2 года назад
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 года назад
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.
@evelyn1480
@evelyn1480 2 года назад
Thank you. Sean, we all appreciate your wealth of knowledge, on wealth building
@xyline8234
@xyline8234 Год назад
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.
@4-everyyoursyah574
@4-everyyoursyah574 2 года назад
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.
@SandraOrnelas-zb7zs
@SandraOrnelas-zb7zs Год назад
I love your videos they are very helpful and entertaining
@batureis
@batureis Год назад
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%
@ChrisDiggins
@ChrisDiggins 2 года назад
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.
@misswattley6743
@misswattley6743 2 года назад
Thank you for these vids, I just recently started a business and these vids are extremely helpful
@LYFEAccounting
@LYFEAccounting 2 года назад
Great to hear! If you don't mind sharing, what kind of business have you started?
@misswattley6743
@misswattley6743 2 года назад
@@LYFEAccounting I don’t mind at all, it’s a trucking business. I just became an owner operator recently
@LYFEAccounting
@LYFEAccounting 2 года назад
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 года назад
@@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 года назад
@@LYFEAccounting please
@mariagregg2350
@mariagregg2350 2 года назад
I am so happy I found your channel thank you
@justinescobar7063
@justinescobar7063 2 года назад
Currently have two credit cards. Not a high limit (5k)
@walterheard4886
@walterheard4886 2 года назад
Needing a business credit card.
@rodneyjones4763
@rodneyjones4763 2 года назад
This video is on point >> finally ... spoken just like a CPA. I love it
@CrQualityPhotography
@CrQualityPhotography 2 года назад
Love this account ! This is only my second video and I'm already learning a lot ! 👏👏
@joehendrickscasinoman7849
@joehendrickscasinoman7849 2 месяца назад
me 2
@YouKnowTheBiz
@YouKnowTheBiz 2 года назад
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
@datluvlyfem
@datluvlyfem Год назад
Thanks for the info I wished I would have saw this video first before apply for an Office Depot one
@ozcankaya9635
@ozcankaya9635 2 года назад
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
@stephaniepayne3497
@stephaniepayne3497 2 года назад
I am brand new. Wanting to begin my own small business. Step by step. Please, thank you much ❤️💯
@Harunmotovlog02
@Harunmotovlog02 Год назад
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
@FinancialFreedomMadeSimple
@FinancialFreedomMadeSimple 2 года назад
Been learning a lot from every videos you post. Thanks!
@XYRN02
@XYRN02 2 года назад
Your Videos Are Really Great…! Your presentation is great and informative…!
@entrepreneurshipunion_
@entrepreneurshipunion_ Год назад
Great work boss!
@morganresendiz7449
@morganresendiz7449 2 года назад
I’m currently trying to get a credit card!
@1stutubeuser1
@1stutubeuser1 Год назад
This was great content, thanks.
@keamiyahwalker523
@keamiyahwalker523 4 месяца назад
Great Video and easy to understand
@scooter10421
@scooter10421 2 года назад
These videos are fantastic. Thank you.
@lordofbrawltiktok7685
@lordofbrawltiktok7685 Год назад
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!
@kathleenruiz2642
@kathleenruiz2642 Год назад
🔥 🔥 🔥 thank you, valuable information!!!
@michaeldonley7741
@michaeldonley7741 Год назад
Good video bro ✊🏿 we gone build black Wall Street again✊🏿
@veedaboss
@veedaboss 2 года назад
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
@Spree1775
@Spree1775 2 года назад
.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/ RU-vid 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
@AdinMcr6638
@AdinMcr6638 2 года назад
Very informative. Thank you for sharing.
@NotAnnaJones
@NotAnnaJones 2 года назад
Such a great channel. ❤️
@pubgamer7930
@pubgamer7930 Год назад
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
@claytonday2707
@claytonday2707 Год назад
Trying to get my first business credit card and I have great personal credit
@saucdpottv7307
@saucdpottv7307 2 года назад
Just starting no capital need funding
@Kingiscoming
@Kingiscoming 2 года назад
Amazing content as always! true value
@emeraldstream
@emeraldstream Год назад
What an excellent video. That last line--one cycle @ a time beyond the intro period...elaborate?
@MamaG214
@MamaG214 2 года назад
Great overview on usage of Business Credit Cards for Startups
@Calvoimpatient
@Calvoimpatient 2 года назад
Working on building business credit!
@wilsonfreeman4981
@wilsonfreeman4981 2 года назад
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.
@FlowerPowerNZ
@FlowerPowerNZ 2 года назад
Business credit cards can be cash suckers on the FX as well.
@letsgoviral777
@letsgoviral777 2 года назад
Excellent vid!
@kerolverdi2660
@kerolverdi2660 2 года назад
I chose Internet banking with password rather than credit card
@keishawilliams6606
@keishawilliams6606 2 года назад
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.
@maj5096
@maj5096 2 года назад
What is a good initial business cc limit with a new business and a strong borrower (800 FICO) as the guarantor?
@teesthoughts6717
@teesthoughts6717 2 года назад
I haven’t started the process but I worry that my credit is too low… would like to get one
@costonbrantley
@costonbrantley Год назад
Starting a new business need to built some business credit
@Winter_Ra
@Winter_Ra 11 месяцев назад
Currently have a biz cc
@debrarandolph3556
@debrarandolph3556 2 года назад
Trying to get a business credit card
@ronaldlandry5311
@ronaldlandry5311 Год назад
I am a new business starting to build business credit cards , trying to get accepted and start my business off running
@toddmichael8694
@toddmichael8694 2 года назад
I have great credit score, aged entities with great positive cash flow, corporate accounts, flawless rep with banks since minor, and still get denied LOL someone show me a CASHOUT on video with their business credit cards and i will start to be a believer
@luxuryboss9
@luxuryboss9 2 года назад
Trying to get a biz card
@beanzhillyhill3646
@beanzhillyhill3646 2 года назад
Just started my truck and company brother I have no business credit I don't even have a truck but I'm ready
@StreetzCultureTV
@StreetzCultureTV Год назад
This is a great video 🔥®️🔥
@daenajohnson5396
@daenajohnson5396 2 года назад
I am trying to get a business credit card.
@adventureswithbabyblueglam839
@adventureswithbabyblueglam839 2 года назад
Excellent this was a great video Can your next one be on how to get contracts thank you
@donttreadonme9132
@donttreadonme9132 Год назад
Just got my Amex Blue. My company is a week old with no business credit. I did a PG which did a hard inquiry but my experian score went up 6 points immediately as verified by my experian alerts.
@LYFEAccounting
@LYFEAccounting Год назад
That’s awesome!
@roscoetube8065
@roscoetube8065 2 года назад
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?
@gabriellawilliams697
@gabriellawilliams697 2 года назад
Really trying to get my first business credit card to get necessary equipment
@wilsonfreeman4981
@wilsonfreeman4981 2 года назад
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 года назад
I don't have a business credit card as of yet. New Startup, LLC, no PG
@ericcampbell6426
@ericcampbell6426 2 года назад
I have a business with a Navy Platinum, a Amex Platinum & a Home Depot Commercial card. Is it possible as a sole proprietor that I can obtain an EIN and strat to separate my personal credit from the business?
@LYFEAccounting
@LYFEAccounting 2 года назад
You can definitely get a EIN number as a sole proprietorship. Your question is good though, I don't know if that is enough to separate your personal credit. Why not consider an LLC?
@ety3144
@ety3144 2 года назад
@@LYFEAccounting this was my question as well…
@coreygoree1256
@coreygoree1256 2 года назад
Never mix business and personal EVER
@thedilan5912
@thedilan5912 Год назад
Your dedication, dedication, enthusiasm, and insight are shown in your work. Keep on doing great works like this, and there’s no looking back for you! The way you gracefully pulled off the work - I am so proud of you . Firewall Tech, Thanks for going through all the hassle and making them worth it. Congrats and best wishes for a promising future.
@kelsiibarra614
@kelsiibarra614 Год назад
trying to start up my lash bis !
@richardhamelinck312
@richardhamelinck312 2 года назад
need one for my tattoo business
@Motivation-Inspiration1953
@Motivation-Inspiration1953 2 года назад
I need to apply for business credit cards
@bulcub
@bulcub 2 года назад
Do these cards report to D&B, Equifax, TransUnion Business credit?
@Better4YourSoulFood
@Better4YourSoulFood 2 года назад
I have a Business Credit card and I need more
@LYFEAccounting
@LYFEAccounting 2 года назад
More or just a higher spending limit?
@Better4YourSoulFood
@Better4YourSoulFood 2 года назад
@@LYFEAccounting higher limit.
@LYFEAccounting
@LYFEAccounting 2 года назад
Keep building the business credit and income and you'll be scared of how high those limits go
@tarawalker7193
@tarawalker7193 2 года назад
I'm looking to get funding. Thanks for the info.
@tamorialowe3613
@tamorialowe3613 Месяц назад
I'm trying to get a business check card
@tubienestarcontitiangie888
@tubienestarcontitiangie888 2 года назад
I don't have a business credit card. I am starting a business.
@wilsonfreeman4981
@wilsonfreeman4981 2 года назад
Hey Angie, as long as you're willing to maximize the credits in your business Paul can help you out. He can get you started to get credits without limitations, all you have to do is book a consultation session right away either through an email or Whatsapp for a fast service to be provided and as well share progress and results.
@bloodmooncomix457
@bloodmooncomix457 2 года назад
My startup is about 90 old and my personal credit score is 725+ What is the average amount should I be looking for?
@trenadavis8884
@trenadavis8884 2 года назад
Fresh start on first business ever. No luck on credit card offers because of my personal credit score. Moral really low because I am stuck at a dead end and I can’t figure out how to get my business up and running without using so much of my own money.
@jokijen1335
@jokijen1335 2 года назад
good informition
@simplyjudy8229
@simplyjudy8229 2 года назад
I have a business credit card with Chase bank. I had American Express but I closed it due to it being a cash card.
@LYFEAccounting
@LYFEAccounting 2 года назад
Love it, that means your business credit is growing! You have the Chase Ink card?
@bricris3424
@bricris3424 2 года назад
Trying to get approved for a business home depot cc. I also need a bofa CC lol! I have personal and business with them.
@Theelite1photography
@Theelite1photography 2 года назад
Trying to get a business credit card accounts
@stephaniepayne3497
@stephaniepayne3497 2 года назад
What is the average to good credit score?
@dajoremarks9137
@dajoremarks9137 2 года назад
So what do you recommend for new LLC business with bad personal credit I'm working on that BTW. What you recommend to help get business credit
@youmayberight2434
@youmayberight2434 Год назад
Thank you. I really appreciate this contact.
@douglassfogg7287
@douglassfogg7287 2 года назад
Thank you.,
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