This can be a learning peice for any who have EDGE '09 information.
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Been hoping for a reply from you regarding the advice you gave to us on the
THE EDGE 2009 DVD's ... (re: building business credit for a LLC)
I followed your instructions to the letter. It did not work.
What I can give to you or to anyone else that is looking to create business credit using the information I gave during EDGE '09 is to work with smaller banks.
Taking the idea that Matt teaches you can call banks with branches of 5 or less and this will have better success.
Banks such Key, Wells Fargo, US Bank and so on will often not do as you are taught. Taking money and depositing it in a checking account then asking for a loan with the checking as security just does not work well for them. They cannot think out of the box.
I work with smaller banks and they do not have the difficulties doing as I teach. I have even worked with a small company that said "I...don't know if we can do this." They went to a owners meeting and brought it up here. Later they came back to me and said that the those at the meeting agreed to take this on.
Small banks have the ability to do a lot more than the larger banks. You may find that credit unions can also work this out a little easier. Try both.
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If you would like the chance to work with me or one of my fellow real estate investor coaches and our advanced training programs, give us a call anytime to see if Dean's Real Estate Success Academy and our customized curriculum is a fit for you. Call us at 1-877-219-1474 ext. 125
This can be a learning peice for any who have EDGE '09 information.
------------------------------------------------------
Been hoping for a reply from you regarding the advice you gave to us on the
THE EDGE 2009 DVD's ... (re: building business credit for a LLC)
I followed your instructions to the letter. It did not work.
Thanks,in advance.
------------------------------------------------------
I am not sure why this did not work for you.
What I can give to you or to anyone else that is looking to create business credit using the information I gave during EDGE '09 is to work with smaller banks.
Taking the idea that Matt teaches you can call banks with branches of 5 or less and this will have better success.
Banks such Key, Wells Fargo, US Bank and so on will often not do as you are taught. Taking money and depositing it in a checking account then asking for a loan with the checking as security just does not work well for them. They cannot think out of the box.
I work with smaller banks and they do not have the difficulties doing as I teach. I have even worked with a small company that said "I...don't know if we can do this." They went to a owners meeting and brought it up here. Later they came back to me and said that the those at the meeting agreed to take this on.
Small banks have the ability to do a lot more than the larger banks. You may find that credit unions can also work this out a little easier. Try both.
If you would like the chance to work with me or one of my fellow real estate investor coaches and our advanced training programs, give us a call anytime to see if Dean's Real Estate Success Academy and our customized curriculum is a fit for you. Call us at 1-877-219-1474 ext. 125