How To Build Business Credit Fast w/ Ty Crandall | Restoration Domination Ep 075

Business credit is often one of those things that everyone knows is important but they don't quite fully understand how it works or what they can do to improve or grow it and the world that opens up for them and their business with solid business credit, especially when it comes to acquiring funding. On episode 075 of the Restoration Domination Podcast, your host Rico Garcia Jr interviews special guest Ty Crandall from Credit Suite. They discuss the steps that you need to take to build killer business credit in up to 9 months so that you can have a no denial experience and get the lines of credit you need to buy equipment, locations, etc.

Biggest Takeaways:
-How to Dominate by having access & using OPM ( Other People’s Money )
-The Magic of the 3 C's Formula , Credit - Cash flow - & Collateral
-How you look on paper and online could cost you access to credit and funding, making sure that you take your time to build the right presence online and with your documents and in the right order is key

Find our Guest
Website: https://www.creditsuite.com/
Phone Number: (877) 600-2487
Business Facebook: https://www.facebook.com/CreditSuite/
Business Linkedin: https://www.linkedin.com/company/credit-suite/
Business Instagram: https://www.instagram.com/creditsuite/
Youtube: https://www.youtube.com/c/creditsuite
Podcast: https://www.creditsuite.com/podcast/

Sponsors:
mpartial uses geospatial data to assist in creating accurate estimates, invoices, documentation of damages or work done and assisting in faster and fairer claim settlement. Use DOMINATE60 for 99% off Enterprise Plan https://bit.ly/3tz2Xwz

sureti Corporation removes the time and financial headaches of getting the mortgage company to release funds or a customer to pay their deductibles in insurance claims. They cut the middle man getting you paid faster and in full. Learn More: https://bit.ly/3pyVLxr

C&R Magazine is the oldest trade publication specifically dedicated to the cleaning and restoration industry. C&R is available in print and digital formats for free. Learn more and subscribe for FREE here: https://bit.ly/310KLjp

0:00 Intro
3:31 Podcast Intro
3:47 Ty and Credit Suite
10:02 Does Personal Credit Affect Business Credit
14:21 Business Credit Bureau
17:14 Paybacks in Business Credit
19:47 How to Start Building Business Credit
28:15 Thanks to our Sponsors
31:26 Step Two
32:56 Step Three
34:02 Starter Vendors
37:48 Tiers of Credit
40:05 Funding vs Credit
44:42 How Credit Suite Can Help
46:44 How Important is Cash Flow
48:55 Bank Loans and SBA Loans
51:27 The 3 C’s
53:30 Reaching out to Credit Suite