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How to Get Business Credit w/ Your LLC in 2024

Wealthy Way

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Building Business Credit and Personal Guarantees

The chapter delves into the importance of building business credit without relying on personal guarantees, using examples like Jeff Bezos and Amazon to illustrate corporate credit concepts. The speakers share their experiences with utilizing credit cards to finance real estate investments, emphasizing the significance of consistent revenue streams for credit qualification. They also discuss their journey in gradually building credit, from starting with a $700 card to eventually managing over a million dollars in credit through strategic applications and balance transfers.

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