Intro to Business Credit | Bank Rating, Small Business Financial Exchange & Micro Loans

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  • Опубліковано 26 сер 2024

КОМЕНТАРІ • 199

  • @KelvinMcNeil
    @KelvinMcNeil  2 місяці тому

    🎓Join GreenScale Academy: The Most Comprehensive Business Credit & Real Estate Funding Community Ever‼ If you're ready to break generational curses and build wealth click the link below to join the family and get mentored by Kelvin McNeil ➡ go.greenscaleacademy.com

  • @7leep7
    @7leep7 3 роки тому +48

    You are simply amazing! I constantly research everything I can on small businesses, how to grow it, what to do and what not to do. Your videos are by far some of the BEST I have came across. PLEASE continue to post. I have no doubt you will be one of the ones who reaches a million subscribers soon as you continue to post quality information. I scheduled an appointment today with your company, based on one of your other videos. Thank you

    • @KelvinMcNeil
      @KelvinMcNeil  3 роки тому +9

      Thank you so much for the support. I’m glad you’ve found my content helpful. That’s why I started making videos. I got tired of searching and not finding the answers so I decided to make the content that’s needed. I look forward to speaking with you soon!

  • @naturallotus6177
    @naturallotus6177 3 роки тому +16

    Hit the like button before even watching. I know it'll be quality!

  • @sarabailey-la2022
    @sarabailey-la2022 3 місяці тому +1

    I’m found you within the last couple of days !! Thank you for great information and resources!! God is good 👍

    • @KelvinMcNeil
      @KelvinMcNeil  3 місяці тому

      Welcome to my channel! Make sure to subscribe if you haven’t already because I have some big announcements coming soon

  • @flexgameent2012
    @flexgameent2012 3 роки тому +9

    I just got approved for my business bank account today just have to go in tomorrow and sign some moee papers . Good energy brother I just stumbled across your channel today im guessing I'm headed in the right direction

    • @KelvinMcNeil
      @KelvinMcNeil  3 роки тому +3

      Thanks. Be sure to subscribe for more content! Keep pushing

  • @heyitsmaal5532
    @heyitsmaal5532 3 роки тому +8

    Man, thank you sharing some gems! I've been watching videos about building biz credit and yours was the first to mention sbfe and bank ratings. 🙏🏿

    • @harwoodsteven914
      @harwoodsteven914 3 роки тому

      Contact Steven via WhatsApp on +1(904) 694-6145. He would help with issues on your credit card, bank accounts, credit score, student loans, trade lines, charge offs, Repos, hard inquiries, etc. He does not take upfront payment and he is fast and reliable.

  • @gina468
    @gina468 3 роки тому +3

    I just found your Channel yesterday and I already learned so much. Thank God today is Friday. I have the weekend to watch more of your videos.
    Thank you for what you do

    • @KelvinMcNeil
      @KelvinMcNeil  3 роки тому

      Thank you! I’m glad you’re finding my content helpful. 🙏🏾

  • @tonyascreativespace3067
    @tonyascreativespace3067 2 роки тому +2

    You help me to start building my business credit through obtain a business gas card! I just received my
    $2,000 Wex gas cards! I followed your steps and it worked! Thank you for sharing the information!😃♥️

    • @KelvinMcNeil
      @KelvinMcNeil  2 роки тому

      Nice work Tonya! You’re welcome! You took action which means you deserve the credit 🙌🏾🙌🏾🙌🏾

  • @purepassionfx
    @purepassionfx 3 роки тому +4

    Can’t wait to watch this later, always quality!

  • @roses4me451
    @roses4me451 3 роки тому +6

    Kelvin, you are the G.O.A.T. ("Greatest of all time") I learned a LOT that I needed to know concerning the SBFE (Small business financial exchange), bank ratings, micro loans, etc. Once you get all your "ducks in order" that's when you can get to the BAG! You must "crawl before you walk". Thanks for dropping all of these "golden nuggets". I've subscribed.

  • @djonkinge9369
    @djonkinge9369 3 роки тому +3

    You pick the Words to explain the Concepts ,procedure as per the Goals. Thank you . Please keep doing your thing.

  • @terrancegrayjr186
    @terrancegrayjr186 3 роки тому +4

    Great video Kelvin, I have 43 properties and have did it the long and hard way. I'm not trying to grow my business credit and doing pretty well but I know I can do better. with you, I have got a shells account, amazon business account, and a quill account. I would love to speak to you to help grow my business more as I am a motivational speaker but you have grown me more. Thank you for what you do and I really hope that I can speak with you and use your service to grow my business.

    • @KelvinMcNeil
      @KelvinMcNeil  3 роки тому

      Hello Terrance, that's great to hear. Feel free to email me at greenscalecredit@gmail.com

  • @CACTUSKIING28
    @CACTUSKIING28 3 роки тому +4

    Happy that your channel is growing ! Good on you good videos too!👌🏽

  • @marklancer6497
    @marklancer6497 3 роки тому +3

    Your energy is honest your information is gold. Keep this uppppppppppppp

  • @gq2flyy
    @gq2flyy 3 роки тому

    the best business credit teacher makes it seems access

  • @tjdrama3808
    @tjdrama3808 3 роки тому +2

    Thank you for your 🧠. 😆 I’m just getting ready to open my very first business. I’m a barber and pretty much all the info was helpful to me and it was stuff I didn’t know. I’ve just got a DBA and I’m starting to run out of money quick. I need to get my shop open so I can start saving. I could definitely use some help with my personal credit score that’s for sure. Maybe I’ll DM you when I get a sec. Thanks again.

    • @KelvinMcNeil
      @KelvinMcNeil  3 роки тому

      If you need help increasing your personal credit scores, sign up for our credit restoration program:
      www.greenscalecredit.com/sign-up

  • @veronicaatkins2806
    @veronicaatkins2806 3 роки тому +3

    God I’m so glad I found your channel 😁

  • @Ursisunique
    @Ursisunique 3 роки тому +2

    Love your vibes. Great content. Thanks for sharing!

    • @KelvinMcNeil
      @KelvinMcNeil  3 роки тому +1

      You’re welcome! Thanks for catching the vibes and watching. 🔋😎

  • @Josediaz-cz2ns
    @Josediaz-cz2ns 3 роки тому +1

    Blessings from Texas

  • @farmerm-halcyonflowers1758
    @farmerm-halcyonflowers1758 3 роки тому +1

    You are the truth 🔥🔥👍🏽👍🏽💯 love the transparency brother.

  • @damarcusmomm05
    @damarcusmomm05 3 роки тому +5

    This was amazing 🙏🏿

  • @Lola071789
    @Lola071789 2 роки тому +1

    Thank you for all your help 🥰

  • @royn6971
    @royn6971 2 роки тому +1

    Great content! Thanks for sharing

  • @ashe90mar
    @ashe90mar 3 роки тому +1

    Great advice! Thank you !

  • @barrybeal8584
    @barrybeal8584 Рік тому +1

    Good info Kelvin, thanks....

  • @ducksauce6679
    @ducksauce6679 2 роки тому

    Quality again!!! Epic work cuz

  • @alicianelson3974
    @alicianelson3974 2 роки тому

    I like u this was video was astonishing and very informative I watched plenty of videos about to expect from opening a business bank account and most people gave the same answers they was important but you gave more information very important information that I didn't know I needed ur the only one I watched that actually gave different answers thank you for this information

    • @KelvinMcNeil
      @KelvinMcNeil  2 роки тому

      You’re welcome Alicia. I’m so glad you found this video helpful. I always try to give the information I would want to hear in all my videos. Thanks for watching!

  • @williegotem6513
    @williegotem6513 3 роки тому +2

    Let’s get it

  • @CACTUSKIING28
    @CACTUSKIING28 3 роки тому +2

    I’m waiting for this video lol. Fire 🔥 content

  • @chefroxieathome1858
    @chefroxieathome1858 3 роки тому

    My Guy Kelv! Let’s run it up! 🙌🏾

    • @KelvinMcNeil
      @KelvinMcNeil  3 роки тому +1

      Heyyy Chef Roxie!! 👋🏾👋🏾

  • @gypsy_cordova
    @gypsy_cordova 2 роки тому +1

    Thanks for your great content!

  • @broccolihart1
    @broccolihart1 3 роки тому +1

    Good knowledge...thank you !

  • @Fiftyfinehealth
    @Fiftyfinehealth 2 роки тому

    Thank you so much for sharing!! So so helpful!!!!

  • @RachelMcNeil
    @RachelMcNeil 3 роки тому

    Wow! Thank you Kelvin for all of the advice

  • @fififinance7469
    @fififinance7469 3 роки тому +1

    Thumbs up! Keep churning! 💪

    • @KelvinMcNeil
      @KelvinMcNeil  3 роки тому

      Thanks Fifi! and you do the same! 💪🏾

  • @brianstrauch8574
    @brianstrauch8574 3 роки тому +1

    ahhh I had no idea you had to have a business checking account. i've been using a normal checking account for this last year.

    • @KelvinMcNeil
      @KelvinMcNeil  3 роки тому

      Well now you know. Go ahead and get on top of that and make sure your business is fully established, then begin building credit. Don’t beat yourself though.

  • @patriciabeard1822
    @patriciabeard1822 2 роки тому +1

    thumbs up!!! thank you thankyou!!!!!

  • @taylormadechamp
    @taylormadechamp 2 роки тому

    Thanks for all the tips.. I’ll return the favor with this tip. That painting is of a leopard, not a cheetah, bro.

    • @KelvinMcNeil
      @KelvinMcNeil  2 роки тому

      Facts. You are correct. It’s an inside joke. Someone commented “love the Cheetah painting” on one of my videos so I call it that for fun. #IssaJoke

  • @NateM
    @NateM 2 роки тому +1

    Thanks so much for this info

  • @PerksofHeartShakes
    @PerksofHeartShakes 3 роки тому +4

    This list for microlenders 👏🏽 thank you so much

    • @KelvinMcNeil
      @KelvinMcNeil  3 роки тому +1

      No problem! 💎

    • @danamcgriff1979
      @danamcgriff1979 3 роки тому

      I can’t see the list

    • @KelvinMcNeil
      @KelvinMcNeil  3 роки тому

      @@danamcgriff1979 the link works but since it’s a PDF you may need a PDF viewer or view it on a desktop web browser.

    • @PerksofHeartShakes
      @PerksofHeartShakes 3 роки тому

      @@danamcgriff1979 it’s in the description box, it’s in PDF format

  • @standing-w-Palestinians
    @standing-w-Palestinians 2 роки тому

    New subbie 🥰 been watching all day 😌

  • @King_Obi_mavrk
    @King_Obi_mavrk Рік тому +1

    Great content 👏

  • @patriciacarlos1835
    @patriciacarlos1835 3 роки тому +21

    Business is very good .but investment ,like investing in crypto is better .in my own opinion.

    • @andersonwillz2684
      @andersonwillz2684 3 роки тому

      When talking about crypto trading you can't go without mentioning bitcoin, which is the most popular of the crypto assets and has enriched many crypto traders

    • @marchugo7650
      @marchugo7650 3 роки тому

      Bitcoin investment and bitcoin trading is basically predicting the rise and fall of the market value of certain commodities over a specified period of time

    • @siyabongalethabo9227
      @siyabongalethabo9227 3 роки тому

      I have recently been looking upon crypto news but got nothing credible yet. Really wish to earn off it

    • @benjaminlucas685
      @benjaminlucas685 3 роки тому

      Would UA-cam count as research??

    • @lethabonkosi9660
      @lethabonkosi9660 3 роки тому

      Yea,
      UA-cam is where one comes to get information of a good broker before diving
      into trade

  • @davannisj.donaldson5539
    @davannisj.donaldson5539 2 роки тому

    Thank you SO much! God bless you! Wooowww!

  • @LeGalileen
    @LeGalileen 3 роки тому +1

    Thank you

  • @millennialmommoneymagnet3340
    @millennialmommoneymagnet3340 3 роки тому

    Great job on this and thank you.

  • @walkerinmotionllc8618
    @walkerinmotionllc8618 3 роки тому

    Good Stuff bro! What’s the best bank to open business account?

  • @marklancer6497
    @marklancer6497 3 роки тому +2

    Bro thank you

    • @KelvinMcNeil
      @KelvinMcNeil  3 роки тому

      You’re welcome. Thanks for watching!

    • @marklancer6497
      @marklancer6497 3 роки тому

      I need a one on one on zoom. You stated you have a staff but I want to get it from the horses mouth. I have a partnership in a film and sound stage studio in lithonia Georgia. I need gold advice on building business credit

    • @KelvinMcNeil
      @KelvinMcNeil  3 роки тому

      @@marklancer6497 greenscalecredit.com/sign-up/ola/services/business-credit-coaching

  • @SirATLIEN007
    @SirATLIEN007 3 роки тому +3

    So, what do I do once I have a Dunn’s number??

    • @KelvinMcNeil
      @KelvinMcNeil  3 роки тому +4

      After you have your Duns # make sure your business meets all requirements to qualify for business credit. I made a video covering the 8 keys to having a credible business, check it out! You should find it helpful: ua-cam.com/video/eyd8xcPZ5SM/v-deo.html

    • @SirATLIEN007
      @SirATLIEN007 3 роки тому +1

      @@KelvinMcNeil Thx Kelvin 👍🏽👍🏽👍🏽

    • @KelvinMcNeil
      @KelvinMcNeil  3 роки тому +1

      @@SirATLIEN007 no problem Edsel! Thanks for watching

  • @Khymelder
    @Khymelder 3 роки тому +1

    Ok

  • @globalgogetter4469
    @globalgogetter4469 3 роки тому

    #BARRZ!
    Good stuff bruh!

  • @ChawletMelk
    @ChawletMelk 3 роки тому +2

    If you use a small business bank that doesn't offer credit, like Novo, can you switch over to a bigger bank to get business credit? Like will my business' "age" be as long as I've been with Novo? Or will it be considered 0 because it wasn't with a big bank that offered credit?

    • @ednitaalatriste2386
      @ednitaalatriste2386 Рік тому

      @chawletmelk did u ever get the answer to your question? I wanted to know the same thing.

  • @bossladybee8323
    @bossladybee8323 Рік тому

    Hey Kelvin. None of the ebooks links are working. Can you pls update again? May link expired

    • @KelvinMcNeil
      @KelvinMcNeil  Рік тому

      Sorry, that link is no longer valid. I didn’t realize it was still there. I just removed it. Thanks for letting me know!

  • @CORNERSTOW
    @CORNERSTOW 3 роки тому

    Thanks

  • @amakamadu8698
    @amakamadu8698 3 роки тому +1

    You mentioned getting cars in your business name? Can you give a step by step on this process? I have asked car dealerships about this and I was told no. So tell me how?

    • @KelvinMcNeil
      @KelvinMcNeil  3 роки тому +2

      Stay tuned. More content is on the way and this will be covered in the near future. This is something you would do through the bank not the dealership. Most car salesmen have no clue how financing a vehicle works. You would go thru the bank to get it done.

    • @amakamadu8698
      @amakamadu8698 3 роки тому +1

      @@KelvinMcNeil Gotcha! Hey can you also talk about setting up business with the secretary of state in regards to side gigs like you have instacart,shipt and other delivery services, car rentals services etc ...would these be considered for set up via Secretary of State and could you get business trade lines/business loans etc for these types vs. other bigger enterprises .

    • @KelvinMcNeil
      @KelvinMcNeil  3 роки тому +1

      @@amakamadu8698 that’s what DBA’s are for. You should have an umbrella company that will be the main corporation and then file a DBA under it for the rental car, Shopify etc businesses

    • @amakamadu8698
      @amakamadu8698 3 роки тому

      You also talked about business accounts... what do you think about Lili vs Nova or M1Finance? Are they all they same category? or does it matter? Should a business owner look for a specific type of bank or online platform for a business account according to what type of business they have? Some say go to the smaller banks like Regions or WoodForest to open a business account. What does it matter?

    • @KelvinMcNeil
      @KelvinMcNeil  3 роки тому +1

      @@amakamadu8698 it’s honestly depends on your business’ priorities & goals. Are you in need of business loans and financing? Are you in need of cash lines & high limit credit cards etc? These are the questions you’ll need to answer. For example, Credit Unions and small banks are best for startups because they’re more likely to support small businesses & provide micro loans of > $50k. If you’re looking for business credit cards and large cash lines etc. then a bigger bank may be the better option. This is why I say doing research on what each bank can offer is important. The name alone shouldn’t be enough for you to choose a bank. You should have a specific program in mind that you plan to use that will benefit your business.

  • @bryan8734
    @bryan8734 Рік тому

    should i be using business address when applying to cards or personal for mail?

  • @joeliciawheeler_
    @joeliciawheeler_ 2 роки тому +1

    This video 🫡

  • @icustomoakridge2653
    @icustomoakridge2653 2 роки тому

    Great video man !! Can i get the list of the lenders?

  • @melissawilson7832
    @melissawilson7832 3 роки тому

    I’ve been with WF since 2015 my balances are in the. 5 category but they don’t lend much in my situation I’m at a ceiling with them as far as what they’re willing to lend

    • @KelvinMcNeil
      @KelvinMcNeil  3 роки тому +3

      It’s completely fine to open a new account with additional banks. I would just recommend keeping the WF account open instead of shutting it down so you don’t burn that bridge. Never know if you may need them down the line.

    • @melissawilson7832
      @melissawilson7832 3 роки тому +1

      Yah I wish I knew this info beforehand I was under the impression they were reporting to Dun and Brad but they aren’t

    • @KelvinMcNeil
      @KelvinMcNeil  3 роки тому

      @@melissawilson7832 are you talking about the WF Secured Business Card?

  • @marklancer6497
    @marklancer6497 3 роки тому +2

    Our people need information bc that is where the world is heading. The Who knows versus the The Who don’t know a dang thing that is factual.

  • @singleparentcoalition
    @singleparentcoalition 3 роки тому

    More info on your credit repair please.

    • @KelvinMcNeil
      @KelvinMcNeil  3 роки тому

      Visit my website for more info: www.greenscalecredit.com/credit-repair

  • @Lionsgala
    @Lionsgala Рік тому

    Okay so I've been making a very small payment to a company called OneMain financial for at least 2 years the payment history is excellent particularly because the money comes directly out of my bank account and I never even have to think about it how do I report that how do I make sure that's reported

    • @KelvinMcNeil
      @KelvinMcNeil  Рік тому

      One Main Financial does personal loans so this would be on your personal credit report not your business profile.

    • @Lionsgala
      @Lionsgala Рік тому

      @@KelvinMcNeil okay so I signed up for nav an instantly move straight to the highest subscription they have particularly because I have quite a few large lines of personal credit and if I can leverage them to build my business credit as quick as possible this would be awesome not to mention there's ample amounts of money coming into my bank account personal bank account not business everyday sometimes in a 10-day period $2,000 drops into account some people making rent payments is there a way I can leverage this to build my business credit

    • @Lionsgala
      @Lionsgala Рік тому

      @@KelvinMcNeil also do you recommend that we pay quarterly or monthly for the subscription because I paid monthly and then went back and moved it to quarterly

  • @justthoughts8872
    @justthoughts8872 3 роки тому

    Why do we need to open a business checking associatesd with the small business financial exchange?
    And how would find out who they are?

    • @KelvinMcNeil
      @KelvinMcNeil  3 роки тому

      Please watch the video as I covered why it’s a good idea to bank with a member of the SBFE. You can simply ask the bank if they are or go to the SBFE’s website.

  • @ElFory5
    @ElFory5 3 роки тому +1

    I’m starting box truck business can I do this ???

  • @monricocummings6798
    @monricocummings6798 3 роки тому

    What banks are in the small business financial exchange?

    • @KelvinMcNeil
      @KelvinMcNeil  3 роки тому +1

      The small business financial exchange website has a small list of the big banks that are members but you can always ask your bank if they are members of the SBFE.

  • @barrybeal8584
    @barrybeal8584 Рік тому

    Which is best for new business account navy federal or Wells Fargo, in your opinion?

  • @naj8920
    @naj8920 2 роки тому

    how can you buy a car on business credit

    • @KelvinMcNeil
      @KelvinMcNeil  2 роки тому

      With great personal credit or great business credit. Either or.

  • @krichard87
    @krichard87 3 роки тому +2

    🙌🏾🙌🏾

  • @helpingpeopleunderstand744
    @helpingpeopleunderstand744 3 роки тому

    How can we tell what banks are part of the SBFE

    • @KelvinMcNeil
      @KelvinMcNeil  3 роки тому

      9 of the top 10 commercial banks contribute to the SBFE. You can see a list of most of them on their website www.sbfe.org - Otherwise, you can ask your bank.

  • @rodneyisby1727
    @rodneyisby1727 3 роки тому

    What is round 2

    • @KelvinMcNeil
      @KelvinMcNeil  3 роки тому

      Round 2 = Micro Loans, Business Credit Cards and Cash Loans etc

  • @angeliquepayne178
    @angeliquepayne178 Рік тому

    You are awesome! I have been subscribed to your channel for a while. However, my business seems to be at a standstill. I would love to speak with you one-on-one and/or purchase some of your ebooks if possible? Please help!

    • @KelvinMcNeil
      @KelvinMcNeil  Рік тому

      Would love to help. Here’s the link: calendly.com/greenscalecredit/business-credit-coaching

  • @davidanthony6776
    @davidanthony6776 3 роки тому

    do you have a bank you recommend for a new business like to build business credit to buy venue for weddings,events etc

    • @KelvinMcNeil
      @KelvinMcNeil  3 роки тому +1

      You can’t go wrong with Navy Federal if you qualify.

    • @comesailwithme9790
      @comesailwithme9790 3 роки тому

      Are they part of the exchange? Thanks

    • @KelvinMcNeil
      @KelvinMcNeil  3 роки тому +1

      @@comesailwithme9790 I’m not 100% sure if they’re a SBFE member but most credit unions are. Either way, NFCU has great funding programs

  • @princediamond5763
    @princediamond5763 2 роки тому +1

    💯✌

  • @amakamadu8698
    @amakamadu8698 3 роки тому

    What is pg?

  • @marklancer6497
    @marklancer6497 3 роки тому +1

    Bro u a messiah

  • @TheManifestingAlchemist
    @TheManifestingAlchemist 3 роки тому

    what is PG?

  • @garylocke1006
    @garylocke1006 2 роки тому

    But you tubers aren’t letting people know the first time they apply for a business loan you have to use a “PG” , as someone that uses business credit I’m not understanding why you guys OFTEN leave that part out.

    • @KelvinMcNeil
      @KelvinMcNeil  2 роки тому +2

      This must be your 1st time watching one of my “you tube” videos and you can absolutely get a loan without using your personal credit. Even your 1st loan.

  • @King1071
    @King1071 3 роки тому

    I know you said to stick with bank you opened your account with, for relationship reasons...but if I did have to or choose to switch banks, will that restart the age of my business?

    • @KelvinMcNeil
      @KelvinMcNeil  3 роки тому +1

      I would recommend keeping that account open to maintain the relationship while opening the new account. The age of your business credit starts when you open your very 1st business account. Changes banks shouldn’t effect that.

    • @King1071
      @King1071 3 роки тому +1

      @@KelvinMcNeil that's what's up! Only thinking of switching for convenience. Ultimately I'm gonna keep both anyway.

    • @KelvinMcNeil
      @KelvinMcNeil  3 роки тому

      @@King1071 good idea

    • @King1071
      @King1071 3 роки тому

      @@KelvinMcNeil Quick Question, in this building process you mention having your address match all across the board. If that goes for your business bank account as well, did you have any trouble with using a virtual office address to open an account? (if you're using a virtual office space that is). Or does the account address not matter.....?

    • @KelvinMcNeil
      @KelvinMcNeil  3 роки тому +2

      @@King1071 you’ll want to make sure that whatever address you used when you formed your business is what you use for everything else. For example, whatever address, phone number, and Business name including “LLC” at the end if it’s an LLC.. on the State of Secretary website, has to match whats on the D&B, your articles of organization, your website, aaaaand the application. It has to match everywhere otherwise it could lead to denials or your account not reporting.

  • @pedrokamikaze9998
    @pedrokamikaze9998 3 роки тому +3

    On god I thought this was Tupac

  • @fritzneljean6740
    @fritzneljean6740 2 роки тому

    You sucker acting smart I'm high lol no offense

  • @siprecords1
    @siprecords1 2 роки тому

    Yo Kevin do you have Facebook was wanting to ask you something personal

  • @theruefamily6393
    @theruefamily6393 3 роки тому +1

    Thank you