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In this conversation, Prada Jones, a credit specialist and real estate investor, shares his expertise on business funding and credit. He emphasizes the importance of personal credit and recommends getting three to five personal credit cards from tier one banks such as Chase, Wells Fargo, Bank of America, and City. He also suggests getting a secured credit card from Navy Federal and Discover to build credit. Prada discusses the different ways to establish business funding, including starting a new LLC, modifying an existing LLC, or purchasing a shelf company. He advocates for personal guarantee business funding, as it provides the most success in obtaining capital. In this conversation, Prada Jones and Marvin Francois discuss the importance of structure, strategy, and sequence when it comes to business funding. They debunk myths and provide valuable insights on how to navigate the funding space. Prada emphasizes the need for a strong foundation and proper credit structure, while Marvin highlights the significance of finding the right banks and following a strategic funding sequence. They also stress the importance of vetting mentors and surrounding oneself with people who have achieved success in the desired field.
By Marvin Francois5
1818 ratings
In this conversation, Prada Jones, a credit specialist and real estate investor, shares his expertise on business funding and credit. He emphasizes the importance of personal credit and recommends getting three to five personal credit cards from tier one banks such as Chase, Wells Fargo, Bank of America, and City. He also suggests getting a secured credit card from Navy Federal and Discover to build credit. Prada discusses the different ways to establish business funding, including starting a new LLC, modifying an existing LLC, or purchasing a shelf company. He advocates for personal guarantee business funding, as it provides the most success in obtaining capital. In this conversation, Prada Jones and Marvin Francois discuss the importance of structure, strategy, and sequence when it comes to business funding. They debunk myths and provide valuable insights on how to navigate the funding space. Prada emphasizes the need for a strong foundation and proper credit structure, while Marvin highlights the significance of finding the right banks and following a strategic funding sequence. They also stress the importance of vetting mentors and surrounding oneself with people who have achieved success in the desired field.

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