In this episode of the Wholesome Financials Podcast, Austin and Susy break down NAICS codes—what they are, why they matter, and how they can make or break your chances of getting approved for business funding. They explain how banks use these codes to classify industries by risk, why certain businesses like real estate, trucking, and restaurants are considered high risk, and which industries banks prefer lending to.

You’ll learn practical strategies to avoid getting flagged as high risk, including how to structure your LLC correctly, use a holding company or DBA, and select low-risk NAICS codes like consulting, marketing, or e-commerce.

Whether you’re just starting your business or already applying for funding, this episode will help you understand how to position your business the right way to get approved and maximize your funding potential.

💎 Our mission is to help purpose-driven entrepreneurs scale and grow their businesses using the power of personal credit.

In this episode, we talk about how to obtain a virtual business for your address to your LLC. We also talk about other things to look out for when considering what address to register your LLC with.

#businesscredit

🏦 BUSINESS FUNDING: We can guarantee $150k+ of funding with a strong personal credit profile. Work with us here: ➡︎ https://funding.wholesomefinancials.com

In this episode, we talk about how to set up your LLC for business funding. In this video, you will learn which LLC names will get you denied for business loans and how to proactively set up your business to ethically avoid denial and increase findability.

💎 Our mission is to help purpose-driven entrepreneurs scale and grow their businesses using the power of personal credit.

🔴 YOUTUBE

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⬇️ WORK WITH US ⬇️

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🏦 BUSINESS FUNDING: We can guarantee $150k+ of funding with a strong personal credit profile.  

⚡️FREE LLC / Scorp Consultation: Get your business started.

📈 CREDIT Help: Get a one-hour phone consultation with me to review your credit report, and receive letter suggestions, and personalized tips on boosting your credit score.

☎️ HAVE A QUESTION? Contact Us!

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Some product links are affiliate links which means if you buy something we'll receive a small commission. 

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All Products and Gear used to make our videos

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Rode Wireless Mic

Camera - Sony ZV1

Softbox Lights 

Podcast Mic

Podcast Mic Arm 

SD Card

Bird of Paradise Plant 

Paradise Palm Plant

RGB Light

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In this podcast episode, Susy and I cover essential topics to help you maximize your credit profile. From troubleshooting Facebook Ads Manager to exploring the GHL Funnel, we delve into the core theme of building and optimizing a strong credit profile.

In this episode, Austin & Susy share how they became entrepreneurs in the credit space. Susy shares her back story on how she fell in love with financial literacy and her struggles as an entrepreneur. Austin talks about how he went from college athlete to full-time minister, to a 6-figure corporate job, to full-blown entrepreneur. They also discuss which business owners and entrepreneurs qualify for business funding using the personal guarantor method of credit stacking. They discuss what a strong credit profile looks like to banks like Chase and Wells Fargo.