How to Make Your Company Fundable – In Just 7 Minutes with Stephen Wible
Marketing The Invisible - A podcast by Tom Poland
Learn how to increase your business' fundability Discover how having a business telephone number and fax help you improve your bank's credit score Find out how to get approved for credit lines and loans to start and grow your company- even when banks say “NO” Resources/Links: Download Your FREE 4-Step Business Credit Building Guide: https://www.creditsuite.com/ Summary Stephen Wible is a public speaker, author of Business Credit The Complete Step By- Step Guide, trainer, and avid learner. He passionately combines his high energy and business credit knowledge and is a recognized expert in the field. In this episode, Stephen shares how he provides impactful insight into building business credit and obtaining loans for business - teaching and presenting to thousands. Check out these episode highlights: 01:17 – Stephen's ideal client: Our ideal client is literally every small business owner. Anybody that has a business. 01:42 – Problem he helps solve: Building business credit and getting funding for your businesses 02:18 – Typical symptoms that clients do before reaching out to Stephen: The limits they tend to get tend to be smaller. As an individual, when you apply for credit, they're going to treat you like an individual. As a business owner, a business can get much larger credit limits, which obviously, the larger the credit limit the better for you because when you need it, it's there. 03:18 – Common mistakes people make when trying to solve that problem: one of the common mistakes I see is your business phone number. When you put an application, most people when I asked them, give me your number for your business, they give me their cell phone. They would always give me their cell phone. And unfortunately, that's an immediate rejection with the bank. Instant. Artificial intelligence will reject you immediately. 04:58 – Stephen's Valuable Free Action(VFA): If you don't have a business phone, let's say you are a digital person, and most people are these days and age, you can use what's called a virtual phone number. 06:34 – Stephen's Valuable Free Resource(VFR): Download Your FREE 4-Step Business Credit Building Guide: https://www.creditsuite.com/ Tweetable Takeaways from this Episode: “We all have been trained to sign for credit personally.And that's a problem because when you're signing for things personally, your utilization goes all over the place your credit scores go down.” -@swible Click To Tweet Info about our correspondent host: Travis has a background in sales, marketing, and strategy, and left the corporate world several years ago to start his own agency. As a copywriter by trade, his biggest skill is putting the right words, in front of the right people, at the right time. Travis has developed go-to-market strategies for grassroots apps to Fortune 500 and helped optimize up to $50k per day in Facebook Ad spend for one of the biggest startups in Asia. Transcript (Note, this was transcribed using a transcription software and may not reflect the exact words used in the podcast) Travis Bennett: 0:09 Hi everyone and welcome to another edition of Marketing The Invisible. My name is Travis Bennett and I'm rocking it to you out of Yangon in Myanmar, proving you can build a successful business anywhere in the world. I'm joined today by Stephen Wible. Stephen, a very, very warm welcome. Stephen Wible: 0:25 Thank you. I appreciate it, Travis.