I have the line of credit already but only for 2K. I keep using it and paying back to show I’m using it. Any tips on how to increase the amount from 2K to 50K or more?
Be sure to update your company revenue details with your card issuer if your business revenue increases. Second, always pay much more than the minimum if you carry a balance. However, with that credit limit of $2k you should pay your balance in full every month. Finally, request a credit limit increase in 6 month blocks. Don't expect to jump from $2k to $50k. May go from $2k to $7k+. It will be a gradual progression as you build a solid track record with your card issuer.
Question, i have 3 cards with amex. 1 personal and 2 business, the business blue cash and the plum business card that i recently acquired. Will i need to wait 6 months or can i apply now to scale my business?
If you already had the 1 Amex personal and acquired the 2 Amex business cards recently with no credit check, then there should be no recent inquiries. To discuss details and what cards you are wanting to apply for, would be happy to provide some insight, contact us at businesscreditbuilders.org/contact-us/
Do you know while qualifying for this no-hard-pull business line of credit also qualify for a no-hard-pull on other AMEX credit cards at the same time?
To apply using the strategy in the video requires you to have an existing relationship with Amex as an account holder. You can apply but they will conduct a hard pull if you don't have a primary account with Amex.
I have 1 personal and 1 business credit card with AMEX. If I set up the blueprint and I’m preapproved, is it ok to have my credit report on freeze when applying or do I need to unfreeze my credit reports?
Thank you. We recently did a video on this lender that offers funding with no credit check. They only look at bank revenue. For details and how to apply check out our video at => th-cam.com/video/JcEZSBoJ-3k/w-d-xo.htmlsi=fuvHNsr8N_vEOaQm
American Express will report your business line of credit account limit, outstanding balance and payments status to commercial credit reporting agencies. If the account becomes delinquent or in some cases, if the account is in default, they will report to personal credit.
You are Super. Thanks for this information!!!!!!
You're welcome. 👍
Thank you! Very helpful! I was able to get a business line of credit!
Nice, congratulations. 👍
Thank you
I have the line of credit already but only for 2K. I keep using it and paying back to show I’m using it. Any tips on how to increase the amount from 2K to 50K or more?
Be sure to update your company revenue details with your card issuer if your business revenue increases. Second, always pay much more than the minimum if you carry a balance. However, with that credit limit of $2k you should pay your balance in full every month. Finally, request a credit limit increase in 6 month blocks. Don't expect to jump from $2k to $50k. May go from $2k to $7k+. It will be a gradual progression as you build a solid track record with your card issuer.
@@BusinessCredit thank you!
Very good content!
Thank you.
Great content!!! Thank you very much.
You’re welcome.
Do you need a business checking with Amex for this or will it be with any business checking account you attach?
Any business checking account can be used.
Question, i have 3 cards with amex. 1 personal and 2 business, the business blue cash and the plum business card that i recently acquired. Will i need to wait 6 months or can i apply now to scale my business?
If you already had the 1 Amex personal and acquired the 2 Amex business cards recently with no credit check, then there should be no recent inquiries. To discuss details and what cards you are wanting to apply for, would be happy to provide some insight, contact us at businesscreditbuilders.org/contact-us/
Great information
Thank you.
Thank you for this way to check if I am preapproved!!
Your welcome. 👍
Do you know while qualifying for this no-hard-pull business line of credit also qualify for a no-hard-pull on other AMEX credit cards at the same time?
Yes, if you already have an Amex issued card, applying for the BLOC or additional Amex card would be no hard pull.
❤First Like👍🏽 Thank you for this video 🙏🏽✅
Your welcome. 👍
Can you still try if you’re an authorized user on an Amex?
To apply using the strategy in the video requires you to have an existing relationship with Amex as an account holder. You can apply but they will conduct a hard pull if you don't have a primary account with Amex.
How do you get in the Amex echo system
Having an active account with Amex. For example, having an Amex issued credit card or an Amex checking account, or Amex savings account.
I have 1 personal and 1 business credit card with AMEX. If I set up the blueprint and I’m preapproved, is it ok to have my credit report on freeze when applying or do I need to unfreeze my credit reports?
Yes, it's fine to keep it frozen.
Does the business Amazon Amex card count?
Yes, since the Amazon Business Prime card is issued by Amex.
GREAT VIDEO !! any other places you reccomnded getting a business line of credit no credit check and no business taxes !!??
Thank you. We recently did a video on this lender that offers funding with no credit check. They only look at bank revenue. For details and how to apply check out our video at => th-cam.com/video/JcEZSBoJ-3k/w-d-xo.htmlsi=fuvHNsr8N_vEOaQm
Does this amex line of credit report to your personal credit
American Express will report your business line of credit account limit, outstanding balance and payments status to commercial credit reporting agencies. If the account becomes delinquent or in some cases, if the account is in default, they will report to personal credit.
Whay about an Amex card through Credit One Bank? Does that count?
No, only AMEX-issued cards directly issued by American Express.
No credit check ???
If you get pre-approved and then apply there is no credit check. The video walks you through how to check if you're pre-approved.