How to get $100K+ in Business Funding! (w Erick Hicks)

welcome back to another episode of the credle repair hangout I am your host Eric Hicks and today got a really really really special guest for you guys my man Colin Brown business credit business funding expert owner and founder of BCU business credit unlimited credit Colin on Instagram if you're trying to find them yes sir ladies and gentlemen Colin Brown welcome bro welcome to the Hang do what's happening I'm glad to be here man thank you for having me on I'm honored to be here for sure for sure man well I'm glad you're here as well cuz man like I was telling you when uh when I ran across you you know you had help my uh my CS get some funding man and you know a lot of people out here saying this and saying that about helping people but one thing I know about my cous he ain't going to lie for nobody so real yeah yeah so the definitely the proof is in the putting on that so you know we going to we're going to unpack a lot of things obviously business credit business funding but before we get to all that man let's let's talk about Colin a little bit man so call a little bit yeah yeah so what uh what was life like before business credit and business funding like what were you doing before all this credit repair credit repair credit too so yeah man um but before that so how far back we want to go cuz I can mainly what I'm trying to figure out is kind of like how how did you navigate your way and and wind up helping people with what you're helping with right now yeah so um basically before I even started a business I was an accountant uhuh so I went to una University in north Alabama graduated there with accting degree at first I was just in a sales job I was like all right let me let me go ahead and use my degree so um like I said I was accountant no knock to any accountants anything like that because it's a dope career especially at its highest level but for me like it it wasn't cutting it right like uh yeah I just felt like it was more I could be bringing to the world not to sound corny but like just being in a cubicle I just felt like it wasn't for me just me specifically no knock on nobody else but um so at that time I was like you know what I need to start a business but really like that was when I was like I really need to actually do it cuz I've been thinking about it for a long time I was like it's time to actually make something happen and uh I had my I built my own credit score up to like a 720 and I don't know bro it just hit me one day I didn't know that many people that did credit repair at that time right cuz like I'm OG when it comes to that I wasn't somebody just hopped into credit repair when everybody else started doing it so this was like 2017 2018 when I started and we in 2024 right now it was my bad what you say bro that's that's way back you yeah yeah yeah yeah exactly so um that's where it came from I I wanted to be an entrepreneur and I just attack something I didn't know about like nothing about being a business owner for real or like the credit repair industry in itself right I just I hopped on something so I was doing credit repair for since since that time really like fulltime 2018 that's a whole another story too I got fired from my job but we talk about that we talk about there and uh yeah man uh from there around 2022 like two years ago two plus years ago um I really decided to go the funding route because I felt like just doing credit repair also I wasn't given everything I had everything I knew like everything I learned about business fing about being a business owner in general up to that point cuz most of my clients weren't business owners so and no KN to that either you ain't got to be I mean it is what it is but um that's what made me go the business funding route like I felt like you know I can bring more to the table so that's that's kind of how I got there and then yeah I love it here bro like they say I love it here no I love it I love it and uh and how I said um you know introducing you so BCU yeah b that stands for business credit unlimited right yeah exactly so let's let's unpack that what is BCU for somebody that has no idea what we're even talking about right now so it's a business funding service I don't like saying course because that word really has a negative conation nowadays but it's really it's not a course anyways like what I do and what it is is I bring a client in we analyze their reports see which banks would give them the most funding for their business so they can start grow scale their company and uh we we put them in contact with business relationship managers or even if it's an online application which at this point like 70 80% of the time we have business relationship managers that we're working with and real quick if like someone isn't aware of what that is essentially a business relationship manager is a higher tier Banker so what they do is that's different from a a regular Banker is they can actually request a link on a business credit card or a business line of credit where a lot of times the people that work in the bank or if you do it online you can't do that for Chase for example like you can ask Antoine he got approved for 75k U for just one Chase Inc business credit card because we can request a limit with this um business relationship manager so that makes it a lot different um but that's what we do so if like say if it's Chase is a good fit for it's all unique to that client so we don't have a you know know specific well when I say specific a uh you know one size fits-all approach like it really depends on the client and where they are and we send them there and then they get funded man so that's what business credit unlimited is I love it and thanks for elaborating on that and I I want to I want to dumb it down a little bit more so let's let's uh I guess let's play I'm I'm working a 9 to5 right now yeah and I got that feeling in my you know my body you know my manager he getting on my nerves a day I'm like man I need to go ahead and start this business but I need some money is this a situation where like I can go and and get a LLC today and come to you and and get a whole bunch of money like is it work that way or pretty much if you qualify so you do have to have a 700 Plus credit score and within that you already know this it's not just about the score it's got to be the profile within that right so normal things that we looking for credit score again 700 plus really I like 720 750 is but it it depends there's Nuance to it but 700 plus for sure normally anything less it that I don't care if it's $699 698 right normally it's credit utilization is a little bit too high your credit history too low or you got some negative items so we really need to fix that and address that first but you know U within a profile we looking for credit history over three years for sure 2 years we we kind of work with it but really we looking for three plus years of credit history meaning your primary accounts now you got a Au for 10 years or nothing like that right but your primary credit cards that you own is over 3 years and then we looking for the amount of total credit that you have we want to see that at 10 15 20K plus um and then from there what else uh those some of the main things but also like do you have some cash to play with because when it comes to business funding you don't want it it's kind of like day that's why we call it a business relationship right or a a banking relationship rather it's like Dayton would you go in I mean you married so you already know how this work like would you just go in say you weren't married by the way would you just go to a a woman and say you know what hey you know what I'm trying to do let's let let's go all way you wouldn't do that yeah uh you can't you can't you can't be too full transparency you know got to eat first right exactly exactly so it's the same thing with banking like you don't want to ask for money before you even gave the bank any money you know what I mean like you don't have a business checking account with them you don't have a personal account with them you don't have a credit card with them but you ask them for 75k like just think about it it it doesn't really work like that more times than not it used to though it used to be a lot easier like back pre pandemic you can run up a 100 just online applications more times than not but with the internet kind of blowing up so many videos out there like Bankers see these videos too or even not just Bankers like you know the CEOs or whatever not CEO literally but you know like the higher ups in these companies or these institutions they seen these videos now right and like yeah they had to they had to change things man because people too many people were applying for business funding so they had to kind of tighten it so uh that's what they like to see so you mean to tell me these people that was making all these Instagram real doing this poting stuff saying hey go get 300K from this bank they messed it up for us man yeah bro like man I knew it man all these videos got 1 million views like half of them probably the the bankers man they didn't shut us down oh yeah bro it's it's not as easy as it used to be so you definitely you got to know what you doing I'm not the guy that's going to lie in like I'm not saying nobody else lying I Ain ain't here to knock nobody it is what it is but I'm not the guy that's going to tell you that it's easy to get 200k in funding right if you qualified and you know what you're doing it's simple easy and simple two different words though it's simple but if you at a 620 and you just started credit and all that you are not about to get your business funded or at least on this high level you're not yeah so let so my original uh kind of where we're at we're at that 9 to5 person that you know they manager just you know yeah yeah like man I'm about to get up out of here so what I'm hearing you say is before you get up out of there there's a few things you need to to work on to make sure you qualify if you're trying to go through a funding you know specialist like yourself and get this 50 100K to be able to to get this business and yeah and so what it sounds like is definitely working on your credit is uh one thing and you said Au for people that don't know what that is authorized user and that means you you piggy backing off of Mommy and Daddy or Auntie Uncle or you done bought a few trade lines so what you're saying is nah nah nah you got to have your own stuff with your own name on it so that's that's really good to know cuz you know how it is when you working at 9 to5 and you see one video and they telling you hey get a go get a LLC today and get a million dollars tomorrow and yeah that's what that's how they try to sell it yeah hey stay for stay longer until you you get yourself together first do not yeah watch the video just go outside and cool off and come yeah don't go out there and crash out bro don't don't do it yeah and so just sticking with uh kind of that scenario of like wanting to get started so are there any restrictions on like types of businesses like can I have any type of business and just go and get funding like can I just be a personal brand and and get funding or are there are there restrictions on that kind of a thing with the banks so within that yes but no you don't want to yes because you literally could get any business funded no because it doesn't need to appear that way to the banks so if you have a real estate business if you have like Colin Brown real estate investor LLC that business can not get funded or get less funding than just Colin Brown Enterprises LLC so the way that you name your business is very important like in your online presence that's very important too because if you have all this real estate investing stuff out there like on your website on your uh Facebook business page on your Instagram so on and so forth they can see that these banks are looking at these things now people think they not but they are like I've had a banker like literally pull my stuff up in front of me like let me Google your business and look everything up right there in front of me they do that so you can look real sketchy real fast if your stuff ain't together yeah exactly so yeah you got together so um a lot of banks don't typically like Real Estate Investors because it's considered high risk a lot of people know what that means nowadays but if you don't essentially it just means that your business appears to be risky to the banks to lend money to because of the type of industry or business type that you have so that's why it's yes and no yes you literally can if you know how to structure it properly but no if you don't like you could literally get denied for it like PNC for example they don't like Real Estate Investors so if you have a real estate name meaning again like uh anything with real estate houses homes those types of things that pretty much let you lets the bank know that you do real estate investing you get denied or get lower limits because of that right so I guess just a best practice there just naming your business just something like Enterprises something that's a little more General yeah that's the best thing cuz it doesn't matter anyways nobody cares about your business name like as long as you can provide that product or service I probably can I probably come up with some names proba care I just seen some crazy stuff man yeah yeah yeah of course you know for that crazy but for the most part like you people don't really care and the banks don't unless you you know unless you got something that's high risk so right it's yeah it's a best practice no no that's uh that's good to know cuz I feel like a lot of people I these stages right now and if they can maybe stop the mistake before it you know happens versus incorporating in a you know uh in a certain LLC name or or whatever entity name then having to go back and change that it's probably way less work on the front end you just do it you know the right way the way you're saying so absolutely all right and I know you'll notice um cuz when you go on YouTube You're Going to see a million different videos and yeah the ones I still see are telling you to kind of a man load up on net 30 accounts go and get this account you know with this vendor this account with this vendor you know buy $200 worth of stuff that you don't need you know like is that is that even a a okay strategy to to get to the the money that we're talking about like 50k 100K no absolutely not hey that was a quick answer right there bro so we could do a whole show on that alone I got so much stuff that I really want to say about that but let's just put like this as you can as much as you can in the time we got a l right right okay so no the banks do not care about net 30s the way that a lot of people think they do think about it why would I want to lend you 50k just because you bought some paper towels what it because you handled paper towels now I'm going to give you that's fair bro funding yeah that's fair that doesn't make any sense yeah so again a AR thing that banks are looking for when you're at least for business credit cards business lines of credit and business loans different things but we talking about funding business credit cards or trying to get funding through business credit cards the primary thing they're going to look at is comparable credit meaning what is comparable to a business credit card a personal credit card if you can manage 50k on the personal side you probably can manage 50k on the business side so that's the main thing you need to focus on you slowing yourself down if you um if you trying to get all these net 30 accounts that the banks are not even looking at right hey don't take my word for it go to any website go to chase.com usbank Bank of America PNC so on and so for American Express and find me where they say all right go buy a bunch of paper towels and then I I give you 50k look for the requirement get five uh what they call them a tier tier one three all that where is that at what what bank in courses yeah exactly that's that's the only place that exists it's not a it's not a thing I may or may have not have paid $1 1997 for a course at some point so you know that that had that and I may or may not want all my money back right now yeah just saying I've had a horror story from uh clients too so I hate it and not $199.97 the other 1997 the other 1997 like said the other 19 yeah so yeah it's it's it's not going to get you there if you're looking now if your goal is to have a high business credit score and have at it go get your net 30s go get your tier one tier 2 tier three tier 12 whatever it is go do it but if you want 80k in funding and not a 80k payex score then get the fix your personal credit if you need to fix it or structure your personal credit to where you can leverage that for for funding so you can have 80k in funding and not 80k payex score because here's the thing with that people going at it the wrong way it's reverse if you get the business funding and you manage that properly first excuse me you can get the 80 payex score you can build business credit by handling your business credit cards not the other way around you can't leverage net 30s for business funding like sometimes client are like already in position for funding and they think they have to do that first but they don't it's not a a prerequisite at all wow so so the courses just out here just confusing yeah everybody yeah they either don't not all the coures I'm sure somebody probably has a course that's actually helping but the majority of the ones just in my experience that I've seen they all talk about that particular strategy so they you kind of like debunk that and seeing how many people that you've gotten actual money it just definitely makes me feel like all right might need to go your route versus like getting a bunch of paper Towes I don't need that you said right like yeah I still got some envelopes in my I I got I'm set on envelopes bro like I probably got a th envelopes you know just from buying them so right all you got to do is just a lot of times you just got to look at it from the same perspective as the bank yeah like if you are at a bank and you're underwriter or you going to look at somebody profile and say dang they bought on them envelopes yeah it's time to get them some money wow they bought 100 envelopes and they paid it they paid that $12 back on time yeah let's give them 50k yeah that's straight clown Behavior thinking I think so exactly so yeah that's all you have to do again don't take my word for it go on the banks website and look yourself like I'm going to take your word for it let's research man you see see like you know what you're doing so but uh all right so and Ne next thing cuz you kind of got into it a little bit so business credit business funding like like guess to the untrained Ear Eye like you would think those things are the same are you saying that they're different yeah they are they are because again like with the business credit score and how much funny you have two completely different things um a lot of times like we get na.com or whatever the case and we're looking at that business credit score we trying to get that to 90 or 100 whatever the case but no it's the banks don't look at that it's not a primary source of what they use to to actually approve you right so and that's completely different that's business credit matter of fact you and one may be wondering your business credit unlimited but you're talking about business funding versus that I was going to get to that yeah I mean I like I really like the name I know that that's what people resonate with and it is business credit cards so I'm being a little technical here you know but for what people cuz what I'm saying here is what people think of with business credit is different from business funding that's basically what I'm getting at right no totally and all right so let's let's go down a different street real quick so I'm sure you probably had this happen at some point cuz you've helped a lot of people man so okay and and maybe this ain't even a thing so like with getting all this money right like I'm somebody I had this you know I just had a 9 to5 and now all of a sudden I got 100K yeah yeah in credit cards to to you know essentially fund my business right but I mean but what if I want to go get laced what if I want to go get some designer what if I want to go get some chains or some stuff like that like I mean are the banks like monitoring what you do with this money or is it just like all right this is your money you're a responsible business owner we trust you to do the responsible thing with it you talk about that a little yeah I got to be a firm with you um now if you say you got 100K and you went and and spent 90 in Gucci on personal items handbags you you bought your girl three purses uh and all this stuff do I really think that within a week American Express or chase is going to be like yo is this business is this for business purposes no however should you do that heck no like yeah no like that's that's but that Temptation got to be real though bro come on oh yeah got to be real though if you going that for the wrong thing then yeah absolutely that's why I don't even like I don't Market to people that think like that like cuz know everybody that come in with me I try to vet for things like that yeah like when what's part of the vetting process a little bit just you know if you don't mind talking through a few things if somebody doesn't at least have an idea what they want to do with the money then I won't help them right even if they have the money to pay me even if they got the profile I won't take them because I don't want to be a part of that that crash out story I don't want to have nothing to do with that you don't want to see them on Instagram popping bottles in and yeah in Vegas and you like I thought you was going to give some trucks for your trucking company right yeah what the trucks at the bottles where the trucks yeah so I get into that I just wanted to get a few of the Instagram baddies first you know yeah so you're not cosigning that no no man um the the way I do things and that's not even part of my brand like I'm I'm there for the the genuine person that's looking to again start grow and scale an actual business right they have a notify they tired of it they trying to get out that thing they already have a business but profitability is not hitting where it need to hit at they want to scale like they doing 10 15K 20K a month or whatever the case but they trying to get to 25 5 50 100 and we are I know right so that's who I'm here to service like the rest of that I I don't got time for that bro I don't even deal with people that think like that to be honest yeah I'm sure nobody's ever done that right but uh so and you just alluded to something else so rather than you know the the bottle service and the you know trying to impress everybody with the money you got so I guess a better use you know for that money maybe something you can use it for if you're trying to leave your 9 to5 maybe just having that cushion right cuz I I'm pretty sure like that statistic I forget what it was but like most businesses you know fail for lack of funding like I guess just having that cushion per se can at least give you like the pece of mind like hey at least I got this funding you know these business credit cards to fall back on if things get slow or Things fall through so is that I guess a use absolutely okay I think every business owner should have business funding whether you feel like you need it or like you should have it we I mean just think about like when it comes to our personal funds if you at a job you at a 9 to5 and your manager say you know what I'm about to give you a raise for 100k a year especially if it's not like crazy more obligations and stuff like that you who's turning that down who's turning down 100K not me exactly I ain't either but then when it comes to business funding it's all these questions like it's it's a bad thing to have 100k for a business right and then a lot of times people are thinking about where their business is now versus where it's going to be or where they want it to be 100K may seem like a lot if you only doing a few hundred but then once your business grow in scale 100K is really nothing yeah like that's not nothing like you have to spend a lot of money to make a lot of money you you got to spend yeah you definitely got to spend money to make money that that old saying is still true so you you got suspend brother I mean I know you know I'm just saying like cuz yeah oh no it's ain't necessar it's for me but you know it's for definitely for the viewers too cuz I know somebody at that 9 to5 they they itching Colin they ready bro they ready to jump out there but they need their strategy behind what they need to be doing and what they need to be you know working on and also maybe some restraint they need to have a little bit so they really get their things together you know the way they need to be so yeah yeah that's why you got to take it one step at a time if if you feel like though that you you going to crash out you feel like you're not going to be responsible then you know take some time out there until you you feel like you get there or whatever the case but yeah yeah um and I was say another thing too sales and marketing you know um that's like the number one thing you really should be using funding on starting out because until you hit a certain number really that's your number one problem in a business yeah people don't know who you are like they got to they got to use the FBI to find your business man exactly you man every time I open my Instagram app I see you no offense to you bro but you doing it right man like I go to my I'm watching stories and they story hey here go you and my my Cubs who you got the funding from you know that's how I actually found you for this you know interview like it's through your your marketing so I want be tired I want people to get for sure they should blocking you yeah block me that's what I want but they ain't going to block you cuz you got what they need you got the money man you can't block the money yeah I know right I that man and speaking of marketing and speaking of like the wide range of people that you're you know reaching on a daily basis man let's talk about the trolls bro cuz I know you got them I know you got the social media trolls those people that got you know two followers and they following 2,000 people just to troll them all day and my problem with people like this is too so and I honestly don't think everybody should have social media it should be like an application process but yeah so everybody is so quick to disprove something or call C on something they don't understand like it is crazy man like literally I can be like well hey man Colin to day I got in my car and I drove over here to do this interview with you if I run a a ad and that gets to another people they're going to be like cap you ain't do that and I'm like what so for you to actually be helping people knowing that you're helping people and you still got people talking to some cap that don't work man this dude scaming just like everybody else like does that get to you do you have I guess processes to kind of like filter out that stuff in your mind and keep going like I mean like what what do you do for that the thing I heard that changed way I ever looked at that is nobody that's doing better than you will ever talk down on you so facts Elon mus Ain never said nothing bad about me you will never see him and nobody comment where Elon mus had talking about you a really drive over there so I I know it's either somebody that's upset with the way they do things they just trying to be a comedian cuz I think that's a lot of people problem too like they want the likes so they they they trying to be funny like a lot of people think they comedians for whatever reason so well Facebook give you like $17 a month I think if you oh yeah so they be looking for 17 they get a reaction out of enough people man they get a little bit Yeah they trying to get that 17 okay I feel it n but that's the way I look at it I I promise you brother I would tell you if it affected me but it doesn't um like the way we run ads I mean I get them like pretty much every day and somebody saying something weird I mean it's it's weird I could tell y'all some things I don't even want to I don't yeah I don't want to say too much cuz I can tell you some some crazy stuff there's consens you know go ahead I just play don't go too crazy yeah I I ain't going go too crazy it ain't nothing like too too crazy but they they've said some like weird stuff and I just block them bro like I just block it and delete it yeah and and I will screenshot it because just in case I want to use it for Content or something like that yeah but I that's my process I see it that's crazy screenshot block and delete you know just going by my day and and honestly that's a great strategy if everybody can do that and I'm I'm going talk about one for if you don't mind I ain't going to put the Instagram name in there but uh but I saw one where it was like uh cap I got I applied and I got denied and you were like like what what does that have to do with me that you got and I was I was thinking in my head too like yeah what does that got to do with you that they got denied and that's exactly what you was talking about in the beginning that everybody's not going to qualify there's things that you got to do on your end to be able to qualify so versus that person thinking okay why did I get denied what are some things I need to work on N they they first initial reaction cap he lying yeah like and that that's my problem bro like cuz if you just do the work then you don't have to worry about you know really that disappointment is inside of them they just like you just a puncher bag they like I I got to take this out on somebody instead of putting that development in myself so yeah so you might know exactly which one I'm talking about I do I do I remember that yeah yeah I remember yeah but that I mean that that's that's the thing right there and you said something else on your page one time honestly your page is like a wealth of info so if y'all not following him credit Colin right on instagramin just credit c i n crit c c o l i n yep credit Colin on Instagram definitely go there because uh said something else it was not necessarily relating to business funding but actually it is and I my most recent podcast episode that's probably going to drop before this one is uh talking about what you said you said accept that life is hard yeah I love that bro cuz a lot of people have that victim mentality these days where it's like well no I can't do this cuz you know I I don't you know I'm not at work really is a self worth thing too yeah yeah for sure yeah or one little incident can happen like they get a flat tire today and oh man they they moping for the whole week they ain't going to never recover from that that one flat tire you know and I think definitely being a business owner you're probably going ATT test to this like I mean how do how do you accept that life is hard and you know go ahead and do the things you need to do like what's some advice you got it's all about perspective really at the end of the day because really you either win or you learn right really failures unless you just stop that's the failure to me like if you just quit yeah but if you take a l everybody you have to take a l in order to succeed you going to take many more L's than you going to take dubs so or wins so that's my perspective on it like that's my mentality I already know stuff going to happen right I expect it so instead of thinking oh man I'm just expecting everything to go right and then something wrong happened or what I perceived to be something bad happens and I get all upset about it I already expect that things is not going to go my way so when it happened I'm not whing out yeah straight cuz I already know what's going to happen right one one mind shift that uh that I had is uh kind of the things at my level that I might be worrying about that's a problem to some CEO of a billion dollar company man my problems are like oh yeah and if I can't handle problems on this level how how I'm going get to the to level I'm really trying to be on so so that kind of helped me really have that that mental toughness you know to say all right man these these problems little like I got a flat tire change and move on by Monday you know I have something go wrong a deal go wrong whatever man just on to the next but I know that's easier said than done of course but uh I mean I feel like if people can tap into that they'll really get where they need to get to so yeah that's why it's experience that's why you have to keep pushing because the more things happen the more you build up that you know that mental toughness to handle those things and one thing that helps me too is just seeing how I react to the same problems now than I did two years ago three years ago five years ago the stuff that happens to me now like if it happened few years back I'd have been like oh oh my god I've been one of these people we talking about like just straight tripping but now like I don't even be paying no attention I just know it's part of the game and I want to but I'm not saying like everything I'm like that with cuz like you said you know one thing that can happen to me that really affects me the CEO of a billion dollar whatever company they not going to be tripping so I'm constantly looking for those things like how can I react in a more proactive way when you know conflict happens or this happened with this client or I need to do this or whatever happens like I'm I'm constantly looking for those things right I be looking for problems sometimes like you got to look for things so you can that's the only way you grow if you go through stuff that's the only way you you really going to grow absolutely and man let's talk about customer service for a minute cuz I know I know you take a lot of pride in that so what's your what's your idea of good like actually let let me rephrase that so tell me the best customer service that you ever received and why it was so good ooh the best C customer service I ever received I'm putting you on the spot yeah you put me on the spot for show because I'm trying to think like just something memorable you know man um bro I just keep thinking about my own company man I don't think nobody do it better than us or hey I love that hey well let's flip it to you we'll go back to that so tell me a time where like maybe somebody was telling you how good your customer service was and like the experience they had and I guess what was the difference in that the why they was reacting that way most of my clients so when they come in they get funded I'll talk to them um and it's on my page like on my on my pages I'll ask them like how was their experience in and stuff they mainly talk about customer service they mainly talk about like how we handled them getting funded and not just the money itself right of course that's very important and they talk about like how it changes their business stuff not saying they don't say it but one big thing is like 50% of it is like man you were like this and you made sure I had this and y'all were so professional and so yeah man that's we proud ourself on that for sure yeah um it's it's everything bro like so how how much contact do they have like I guess with you is it like more emails more phone calls text messages is it like a portal like how how's that process with you everything everything we need to get the job done so like when they come in we had that initial call then we have a onboarding call I have a funding coach now so he takes most of them um but like he'd be on standby so like clients that come in hey I just had a quick question real quick okay he'll call they'll call him or even if it's me like I ain't too big to to do stuff like that now or nothing like that but um like just ask Antoine he'll tell you like we me and Antoine I don't know if I told you but you know he didn't came to my house two three times now like we I did not know that yeah yeah we went went out to lunch and everything so when I realized he was in Birmingham like the first time we spoke he became my client I was like hey we got to do something like actual here in Birmingham he was like all right I was like I'm for real now I don't say un like all right and then yeah he had got funded I want to say at that time he was like 155k I believe and um yeah we just I don't know I can't even remember who initiated I just remember us we went to uh the new spot bro I just want to pause man 155k is a lot of money like I'm just going to go ahead and say that just be getting just be getting in one swoop like that I mean that's a lot of money bro but you can continue though just in casean cuz we just you just like glazing past that littleit but it's like I know you're doing it so much but man that's a lot of money bro yeah yeah yeah that I mean that that's definitely not like the highest result ever had or nothing like that you know that's one of my questions right I was definitely going to ask you like okay I'll wait for it I'll wait for it n it's a good time now so what what what is the most money you ever got for one client and man I hope it don't depress me when you say I'm like man I need to okay so this is where the cap people going to come in at so um oh of course I got I got section on YouTube for him so I got YouTube let me do a filter now it said cap section cap section if anybody need to know how to do that for their Channel y'all let me know so it's just a bunch of trolls yeah they they F to come after me on this so the most ever my client G he got over 700k in funding and it took us like I want to say like 4 months 700k what kind of business does he have so here's the thing this going to blow you what he does is he takes rare like baseball any sports cards basically buys them and flips them so sports sports cards and um yeah essentially sports cards so that's that's sports cars yeah 700,000 yeah let me tell you why though let me tell you why and I don't even really advertise him that much because I don't want like I want to say were average client or per se like they're average but in the average situation they're not going to get the same results as him because his business is doing very well so if your business is doing very well the possibilities for funding is endless when you say very well is there like a dollar amount on this or is it so I would say like if you're doing over a million yeah like you can get a million in funding if you're doing over a million especially when you add in he's not doing nothing sports cars is I'm I want to I'm about to Pivot if that's the case I can't I want to say how much the might be might watching this man I don't want don't know how much I make either so yeah right CU I'm talking about actual person like you can see them on my page and stuff so I ain't talking about somebody that people can't find so that's why like I don't know if you want me to say how much he's doing but he's doing well I just say that wow now that man I was having one of them moments did you watch Martin growing up yeah yeah that episode with Varnell Hill when uh Varnell Hill was telling him about the lake out back and this and that and Mar he in his little you know sports station and he was like oh his a little radio station he was like hey man how how I get to the money man how I get to the real money prob that's how I was just feeling man hold on man he doing a million in this like I need to I need to figure something out man but nah man that's first of all that's wild like 700k that is wow and if I feel like anybody that is on a 95 and you're trying to start your business and you worried about you know what if my business fails you got a long time to figure that out if you got 700k cush so yeah for sure for sure I mean that's that's that's pretty crazy so yeah I mean the the range the average range I would say typical range will be more 75 to 150k that's kind of our sweet spot but we definitely done multiple 200 300s uh whatever the case so it really depends on the client they at their profile and everything else and so you man you've been at it for a long time so like uh do you remember that first client that you funded like what was that like ooh man I really don't remember because I was I was doing credit repair and kind of some funding at the same time right but I do remember like my first my first batch of funding clients came from credit repair because you know I do funding exclusively like I don't do really any credit repair at all pretty much um so I had like a like five to six of my personal credit repair clients and I was like all right let's go full fledged and this thing but I do remember that and it was yeah it was great I'm not near as good uh I wasn't near as good back then as I am now so it's like it's weird kind of thinking back on that but yeah man I do remember it was it was great just seeing them get their approvals and everything so I do remember that though yeah so you said wasn't near as great as you are now so like I guess what what are some things you better at now like what's like I can look at anybody's profile and know how to get them 100K if they qualify I can get them I mean I can look at their profile and their situation just by asking a series of questions and tell you how to get 100K like it only take me like 15 minutes that's wild cuz I already know which banks are giving what and I know what what banks are located in each specific State pretty much and I use a research for that uh bankbranchlocator.com is one good way uh to see that but like if I had that pulled up and I know you like where you at I can tell you how to get 100K like easy back then I didn't know it as well as I do now so that's one thing and then we didn't have access to as many business relationship managers which again is a game changer so like if y'all are seeing the like 75k approvals like you may see on my page that's why cuz if you go and try to get that high of a limit just by yourself it it probably ain't going to happen nine times out of 10 probably 10 times out of 10 but just no I I love that but um so what are some things like if I I'm trying to do what you say I'm trying to fix my credit like what are some things that might be on my credit report that I really need to get off of there before I come to somebody like you anything involving credit cards because remember they they looking at comparable credit so if you got three charge offs from Chase discover and Capital One then you go to Chase trying to get a business credit card why would they lend to you like you've shown that with a similar product that you can handle it right so and don't knock to anybody that's in that situation cuz I used to have all that stuff too but that's why it has to be addressed first yeah so what about like random collections for maybe phone bill or cable company cuz you know how we is with cable companies man growing up if you grew up like me man you switch to one cable company and you go to another man cable boxes might still be in your closet right now you know they going to throw that on your credit real quick man for Qui so is that stuff you got to clean up too or is it more so just the credit cards I like to see a clean profile yeah so even if you can get approved it doesn't mean that you need to apply because you can get a lower limit like instead of getting 25k or even higher amounts that we talked about you could get 5 10K just because you had a collection on there if they decide to patch it through so it can affect your results it's a better return on investment if you handle all of that stuff first before you go for funding but if you like if you need it faster and say if you have a collection it's been on there for like 5 years or a late payment it's been like 3 four five years or even six years something about to fall off then you still could probably apply just know that it's a possibility that that could affect your results go but if it's old if it's anything within two years I wouldn't even do it yeah like I don't apply just wait just try to fix it first and wait unless you just I don't know you know that manager man they they like I I've stocked my last uh juice on the show man I'm getting up out of here you know how that feeling be I know it but outside of that yeah definitely just take your time cuz it's it's worth it it's harder to get credit liing increases from a lower amount than just starting with a higher limit yeah man let's talk about that too so like if I am running that personal credit play to try to get the higher business uh credit card limits so if I have a bunch of secured credit cards cuz maybe I had bad credit and but now that's all I have does that hurt me having three or four $200 secureity cards should I shoot for unsecure before coming to somebody like you yeah I would say because it's really about the relationship too so if you have those lower Li well two things relationship and you got those lower limits so if you're looking to get 25k but you got three cars with $300 I mean think about it like yeah it's way less likely that you going to get approved for those amounts because you haven't handled that much or even if you have a 10 and 25k personal C if you got a bunch of those lower limits that can affect your ability to get higher limits so I would just start out with some of the major Banks start out with them like start out with American Express start out with a Chase I would say discover discover is really good for personal credit cards however their business credit card is trash because it reports to the personal side so I wouldn't really do that for funding and Capital One their person I mean their business credit cards rep to the personal and that's one of the main benefits of having business credit cards that they don't report to the personal so don't fool it uh Capital One discovered for that but anyways um yeah I would just go to some say so they don't report to personal at all like the business credit cards don't no they don't whoa all right so if you even if you do crash out you still got your personal credit to fall back on or are they coming for you if you so if you are late and are you don't pay it'll start reporting to the personal but you could be maxed out yeah say if you got the 100K and you just spent 99k out of the 100 you still have your 750 cuz yeah it's not going to report to your personal at all so that's important if like you still trying to live your personal life maybe I still need to buy a house right now but I got all this money tied up on the business if I if I was doing that with personal credit cards funding my business now my I guess my debt to income and everything else is so screwed up I can't live right exactly and another strategy with that say if you have good personal credit and your credit utilization is a little bit higher for in the house or something like that you can get a business credit card do a balance transfer from the personal to the business now you look better to the banks or the mortgage lender or whatever the case and your credit score higher you get approved for a lower rate and everything so that's just one strategy too you get real deep with it when you like use your business credit for personal if you you know if you have to do that or it's something that would be beneficial yeah it gets deep lot lot of different things you can do all right and and I asked you one question earli I'm thinking about my audience I'm going to get all kind of emails after this episode I'm going let you know that right now so I'm thinking of other things so I asked you about designers so you don't recommend that so no and I always wanted this myself so if I got 100K on a credit card can I buy a car with that or no a car well the car is 25,000 can I finance it then use the credit card to just it I mean depends on that lender like some of them will take direct credit card payments and then sometimes you would have to actually uh liquidate that business credit card so essentially with liquidation essentially that just means that you getting you pulling cash from that card right not a cash events don't do cash evanes because they the interest rates are normally like 28 25% or something like that but you can't liquidate a business credit card for like 3 to 6% this is good to know bro like for real this is this is I man I hope they listening yeah I pray I pray I pray so so I guess the answer in so many words yes you can use that as a for sure huh write strategy a lot of things are possible like for real you talk you help with strategy I mean right that's what I'm all about like a lot of times people say like run this play run this play you rarely hear me use that word does the play the word play sound scam you bro or not it do to me like not not really like okay we'll use that if we talking amongst each other maybe me me and you will say okay this play this play but if I'm talking to a client I'm not saying play this play that right it's all about a strategy like I run strategies I help you build a strategy so you can be strategic so you're not blowing up your personal profile with 10 increase and getting 2K 5K limits all over the place yeah I'm trying to get you the highest amount and the lowest amount of banks the highest limits with the least amount of banks yeah when you being strategic you can do that but if you just applying just to apply you going to be messed up like that's where yeah that's why you crash out that's where you crash out yeah and I know we probably uh running low on time so I was going to ask you like is there any kind of general advice that you usually tell people before they you know come to you uh man just get in position everything else I can handle like if the personal profile looking good you don't even have to have a business start yet you don't no you don't cuz that's easy like you you can go to Ink file and have a business started today right not literally today cuz it's Sunday but like yeah like 24 to 48 hours you can start a business have EIN number o that's another thing I speak on it structure your business from a standpoint of having like business email um got to have all this different stuff it's it's what's business email so like say uh busedit unlimited instead of gmail.com ah actually have a a domain got okay a lot of those things are overrated when it comes to business funding if we're talking about business credit cards right cuz some that's part of the net30 stuff like a lot of times people want you to spend like three four months doing all of that stuff before you even apply but for a lot of business credit cards a lot of banks they they don't care about some of that stuff yeah man just buy groceries with that money don't don't buy a bunch of you know paper towels and stuff right you're right you're right but that's one thing just get your personal profile in position everything else we can handle just get in position I like that position for sure for sure and what's somebody's listening to this they they feeling it inside and they want to work with you like what's the best way to contact Colin oh man so uh we got a lot of ways to contact me but man one thing I really like is um on my Instagram page like you can literally just messaged me first and so I can see if you in position first before we just book a call but on my page on credit Callin on Instagram I got a link there where you can go there and and book a call but really bro like I want to talk to him first to kind of see if I can help and see where we at like yeah I mean I got I got a website too of course but I don't know I really ain't trying to pitch it like that cuz yeah for sure for sure I really ain't trying to pitch it like that cuz I'm just here for the information he I'll pitch it for people we need this man like if you feeling that you know motivation you know you want to start that business you know you been thinking about it but the only thing stopping you is money having funding why wouldn't you go and uh reach out to this man and get a strategy going and get in position to be able to get all this money that he giving we'll put the link We we'll put the link below we exactly we we'll put it below yeah for sure well Colin can't thank you again man for uh can't thank you enough for coming on and uh is there anything else you uh want to say to the people before we get ready to hop on off of here stop messing with them that 30s and get some real funding that's all I want to say hey y'all heard it man hey if you want to find them credit Colin on Instagram don't forget to like subscribe comment trolls y'all comment too and uh catch y'all on the next episode Peace let's get it