FUNDING

MASTERY:
HACK YOUR
FINANCE
IN 6 STEPS
BUSINESS CREDIT
REQUIREMENTS
 0 negative/derogatory items (No
charge offs,etc)
 No more than 1 late payment 99%
payment history and higher.
 At least 1- 2 authorized users
added to you credit with 4-15
years of age and a prefered limit
of $5,500-$40,000
 At least 4 primary accounts (credit
cards, personal loans, installment
loans)
 720+ credit score or better,
utilization under 10%, less than
3 hard inquiries on each credit
bureau.
 Very important to have all these
requirements before applying for
any business credit and for best
approval odds.
 The more attractive your credit file
is, the more money and spending
power you will get approved for!

2 |
FOUNDATION OF
BUSINESS CREDIT
 Personal Credit
 Estimated Revenue
 Type of business Great- Consulting, E-commerce = low risk, Bad-
Restaurants, construction, retails.
 Age of your business ( you can buy aged corps if you have
concerns of age but we have seen great results with both brand
new businesses and aged corps)

BUSINESS CREDIT SCORES

 Business credit scores can be found on experian, equifax , and Dun
and bradstreet.
 You can register for your D&B account either before you apply for
business credit cards or after you get a few.
 Your Business credit score is called a PAYDEX score , this score
ranges from 0-100. ( key score 80-100)
 Later in this volume we will cover how to get layer 1 built out so you
can obtain a PAYDEX score of 80.

3 |
WHAT YOU CAN DO
WITH BUSINESS
CREDIT
 Invest in your business or start a new business. ( Buying
machernory, buying inventory, marketing, technology, and travel)

DEBT CONSOLIDATION
 ( take cash from your 0% business credit cards to pay down your
personal credit cards)

INVESTMENTS
 You won't lose your own money.
 0% business credit allows you to take on investments.
 You can balance transfer to extend your 0% period without you
having to pay interest.

4 |
FUNDING A NEW
BUSINESS OR
SCALINGYOUR
CURRENT BUSINESS
WHEN FUNDING A
NEW BUSINESS ON MINIMUM
PAYMENT EX AMPLE
BUSINESS CREDIT ON A 0% CARD
CARDS þ Credit limit -
$40,000
 Very low monthly payments 1%
minimum payments on 0% cards. þ 0% period - 12
months
 Higher credit limits
þ If you max this
 The ability to turn the entire credit limit card out at 40k
into cash the most you pay
per month is 400$
 0% interests periods 12-48 months ( during the 12
includes balance transfers) month period until
 Points and cash back from spending you start paying
card down .
 Purchase protection and access to
airport lounges etc.

5 |
BENEFITS OF
BUSINESS CREDIT
 You get approved for
higher limits ( Business
cards usually get
approved for 3X above
the limits on personal
credit cards.)
 No risk when investing
with 0% business credit.
 You are using the banks
money to make you
money at a high level.
 Hard inquiries are
removable on open
account on the business
side unlike personal
credit.
 Business credit does not
report to you personal
credit! (utilization or the
age of the new account)

6 |
WHAT ARE 0%
INTRODUCTORY
CARDS
 These cards typically only
offer the 0% apr period
as soon as you activate
them, the 0% apr period
isn't forever.
 When looking for these
credit cards they will
have promotional 0%
offers from 6-48 months.
 These cards are best for
making investments, or
to help you pay down
your debt quicker ( Debt
Consolidation)

7 |
WHY 0%
INTRODUCTORY
CARDS?
 Use this 0% period to
your advantage , you can TIP
leverage it while investing
and gives you time to pay þ Before you apply for
down th card. a card check to see
its terms and if its a
 It's way better to be 0% card.
paying no interest on
your cards for 6-48 þ We want to focus
months instead of paying on 0% cards first
13-25% interest like some then move on to the
cards offer. non 0% cards.

8 |
BUSINESS CHECKING
ACCOUNTS:
 Go in person to set up
the business checking
accounts for any bank
you plan to apply for we
recommended you start
at Chase Bank then move
to the next bank. TIP
 Make sure when setting þ Business checking
up your business accounts are not
checking account you tell always necessary,
the banker the correct but if you want
NAICS code. to have the best
 Deposit at least $200- chances to get
$10,000 into the account. approves its
recommend.
 Use the business
checking account as
much as possible the
more money in and out
of the account the higher
your approval chances
are.
 Use the checking account
for at least 90-120 days
before applying for cards.

9 |
NAICS
CODES
 These are codes that
banks use to identify
what your business is. (
Low Risk Business or High
Risk)
 These codes also help
determine how much TIP
funding you will get
approved for .(very
important) þ When setting
up any business
 The best NAICS checking accounts
codes for funding are and when applying
Consulting,Marketing, make sure you let
and Electronic shopping ( the banker know
E-Commerce). you have you the
NAICS Code for
 NAICS Codes for your business and
Consulting/Marketing they will enter it in
541611 or 541613. for you.
 NAICS Code for
E-commerce 454110 (
Electronic Shopping)
 If your business is not one
of these we recommend
setting up a new LLC/
Business .

10 |
WHERE TO CHANGE
YOUR NAICS CODE AT?
 Dun & Bradstreet website (Call them or change it on your account
under DUNS Manger)
 Each Business Checking Account that you have or are going to
open (In-Person)
 Changing the nature of your business with the Secretary of State
 Experian Small Business credit bureau ( Takes 3-8 weeks to have
changes show up)

HOW TO CHECK YOUR

NAICS CODE?

 Check nav.com
 Call the banks you are banking at
 Check the Secretary of State Website and search your business

11 |
RELATIONSHIP
MANAGERS (VERY
IMPORTANT)
WHAT IS A REL ATIONSHIP MANAGER?
 They are high level bankers that help business owners apply for
credit cards and help with anything the business owner may need.
 They help push your credit card application through to get
approved
 They help you get approved for higher limits 3 x more than other
applicants.
 We recommend you only apply through our relationship managers
or you can get your own relationship manager.
 You have a 90% chance of approval when applying with a
relationship manager.
 When starting a business checking account tell the banker
that you business estimated revenue is between $500,000 and
$1,000,000 and ask to be connected to the Relationship manager
at the bank.

*To be Connected to our Relationship Managers Please reach out to

Scalekitdigital@gmail.com and we will introduce you via email and the
relationship Managers will reach out to you. *

12 |
BUSINESS CREDIT
APPLICATION TIPS
 Annual Estimated Revenue Put $450,000-$600,000
(Even if its a newerbusiness.)
 Personal Annual Income Put $120,000-$160,000.
 Make sure you select the correct Category for your
business ( Marketing, Consulting, E-Commerce these are
the best funding categories)
 Monthly Spend $25,000- $50,000
 Understand which credit bureau the bank is going to
pull from.
 Apply with Relationship manager on all business cards.

*IN THE NEXT PAGES WE WILL SHOW YOU SCREENSHOTS

OF HOW TO SELECT THE BEST CATEGORIES FOR YOUR
BUSINESS WHEN APPLYING FOR CARDS.

13 |
 CATEGORIZE YOUR BUSINESS
CORRECTLY ON APPLICATIONS
(CONSULTING AND MARKETING)

14 |
 CATEGORIZE YOUR BUSINESS
CORRECTLY ON APPLICATIONS
(CONSULTING AND MARKETING
AMERICAN EXPRESS)

15 |
 CATEGORIZE YOUR BUSINESS
CORRECTLY ON APPLICATIONS
(E-COMMERCE/ ELECTRONIC
SHOPPING)

16 |
 CATEGORIZE YOUR BUSINESS
CORRECTLY ON APPLICATIONS
(E-COMMERCE/ ELECTRONIC
SHOPPING AMERICAN EXPRESS)

17 |
RELATIONSHIP
MANAGERS
REQUIREMENTS
REFER BACK TO PAGE 2, IT'S SUPER IMPORTANT
THAT YOU HAVE ALL THE REQUIREMENTS TO APPLY
FOR BUSINESS CREDIT AND TO GET INTRODUCED TO
THE REL ATIONSHIP MANAGERS.

*To be Connected to our Relationship Managers Please reach out to

Scalekitdigital@gmail.com and we will introduce you via email and the
relationship Managers will reach out to you. *

18 |
HOW TO INVEST
CREDIT
 Once your get your credit score to a 720+ you now what
to do a credit funding round (credit stack).
 Map out and decide which cards you will apply for and
understand where the bank will pull from, during your
credit funding round you will want to apply for at least
3- 4 cards or until you have 3 inquiries on each credit
bureau.
 Once approved take notes on where the bank pulled
from so that you know for next time you apply with the
same bank.
 When you receive cards in the mail liquidate them and
the money will be ready for you to start investing.

19 |
CURRENT
INVESTMENTS WITH
BUSINESS CREDIT
 Amazon FBA Automation (E-Commerce)
 Shopify Automation(E-Commerce)
 Airbnb Automation
 Bagel Shop Automation
 Fix and flips ( Real Estate)
 Web 3 ( NFT/Crypto)

20 |
WHY ESTABLISHING
BUSINESS CREDIT IS
IMPORTANT
 Once you establish enough business credit account
such as net 30 accounts with certain vendors , you are
able to get approved for higher limits and credit cards
are not personally guaranteed.
 Net 30 accounts such as quil, grainger, nav, and Uline
are some of the best net 30 accounts to start with on
layer 1 to help you achieve a 80 paydex score.
 First you will need to create a dun & bradstreet account
and Number to get this process going.
 In my 1 0n 1 mentorship i walk my students through each
of the 4 layers of corporate credit and show them how
to apply for the vendors.
 You will need at least 4 net 30 accounts in order to
generate a 80 paydex score or higher on your business
credit report.

21 |
TIPS/NOTES
 Understand that credit is a patience game
although we can help you get tons of credit ,
we recommend to our students to never over
leverage while investing credit. Join discord 1 on
1 mentorship to each of students where you will
learn on how to apply for credit cards but also
introduces you to his investment partners. The
mentorship is about 3-4 months long depending
on what your credit profile looks like. Scalekit
ensures that you follow each step in volume 1
and 2 to help you get the highest approvals!
 Once you are ready to start the 1 on 1
mentorship you get 50% since you already have
volume 1 or 2 please reach out to the following
email or phone number to contact us and we
will get you set up.

CONTACT INFO
scalekitdigital@gmail.com
https://bit.ly/scalekit

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