Niche: Airbnb short term rental
Result: $150,000 in 90 days
Dexter was able to secure $150,000 with 0% APR in 90 days with a 2-year-old personal credit profile.
Dexter was struggling on building his personal credit and didn’t even know business credit was an option. He used personal funds for his businesses in the past and struggled to scale his businesses due to lack of working capital.
The Process
When we first started working with Dexter he was 19 at the time, we guided him step by step on how to boost his personal credit profile to maximize his approval odds. Added accounts to help with his credit mix and finally successfully applied for business credit cards with our Relationship Bankers.
The Result
We were able to fund him with a $150,000 of 0% APR business credit card even with a very young personal credit profile, now he is ready to separate his business from his personal finances, and have the cash flow to lock in more deals.
Niche: Consulting
Result: $100,000 in 3 weeks
Be Great Consulting: Benjamin K, Went From $0 to $100k in fundings in just 3 weeks
When Ben first approached us about Be Great, he had been diving deep into his personal reserves, occasionally draining his own savings to acquire clients with marketing. Ben knew that if he continued down this path, his aspirations of expanding his business would remain just dreams.
The Process
Upon initiation, Ben’s sole request was, “I just need funding to manage the initial expenses without depleting my own account.” He was confident about closing clients and generating enough revenue for repayment. But, he desired to break free from the cycle of risking his personal savings. Exit Plan assessed his financial standing and created a comprehensive strategy customized for him. Ben then received approvals for a combined amount of $100,000 across three credit cards.
The Result
Thanks to this financial boost, Ben could now utilize a credit card for his business expenditures. This not only allowed him to accrue travel reward points and cashback but also provided him the flexibility to market his services without the stress of immediate cash outflow.
Niche: Real Estate Fix and Flips
Results: from $0 to $100k in funding
JD Capital: JD Went From $0 in available credit to 100k In Less Than 2 Months
When JD came to us his goal was to lower the amount of interest he was paying on his personal loans by leveraging the benefits of business credit cards and consolidate his debt. He already had a business but was not able to secure funding due to the original company being in a risky industry.
The Process
When we first started working with JD we guided him step by step on how to properly open his new business from scratch. Filed his articles of organization, business agreements, EIN, and bank account, and finally successfully applied for business credit cards.
The Result
We were able to fund him with $100,000 of 0% APR business credit card even with a brand new LLC, with little to no transactions in just 2 weeks.