On this Elevate Call, Collective Genius (CG) members engaged with Amanda Webster, Director of Member Success at Funding Grow, who explained how businesses can obtain unsecured credit through their EIN, offering 0% interest for up to 24 months. She covered the process of building business credit separately from personal credit and its benefits, particularly for real estate investors, including funding property deals and renovations. Amanda also shared strategies for negotiating with lenders and converting credit into cash for business use. CG members showed keen interest and shared their experiences during the discussion. Specific topics are discussed as well, such as:
· How can businesses qualify for unsecured business credit through their EIN?
· How does building business credit separate from personal credit benefit real estate investors?
· How can business owners effectively negotiate with lenders to secure favorable credit terms?
· How can credit lines be stacked and merged for larger real estate investments?
· How can business credit be converted into cash wire transfers for business transactions?
· What are the key requirements to access 0% interest credit for up to 24 months?
· What steps should businesses take to establish strong business credit?
· What are the advantages of using business credit for property acquisitions and renovations?
· What risks should be considered when using business credit instead of personal credit?
· What experiences did CG members share about using business credit for their investments?
