@vee_creditqueen — 6x breakout

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He exposed how people get funded with bad credit

@vee_creditqueen

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3.1K

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160

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Why it worked

The video likely performed well because it addresses a common pain point (bad credit) and offers a seemingly unconventional solution (leveraging someone else's credit through an operating agreement). The promise of quick funding and equity building is also a strong hook.

Summary

The video explains how individuals with bad credit can still secure funding through subprime lenders or by leveraging an operating agreement. The speaker details a strategy where a partner with good credit can be made a 90% owner of a business, allowing them to secure loans and gain equity and cash flow.

Structure

1Introduction to funding with bad credit
2Explanation of subprime lenders
3How operating agreements can be used
4Example of securing funds through a partner
5Benefits of equity and cash flow

Product placement

The video discusses 'subprime lenders' and 'operating agreements' as methods for obtaining business funding, particularly for those with bad credit. It also mentions 'net credit', 'op loans', and 'fig loans' as types of financing. The speaker describes a scenario where they put their cousin on their LLC's operating agreement as a 90% owner to secure a loan for a storage facility.

Call to action

Follow for funding strategies

On-screen text

He exposed how people get funded with bad credit You Can Get Funding With BAD CREDIT YOU CAN GET FUNDED WITH BAD CREDIT TALK TO ME ABOUT THAT SO IT'S MULTIPLE STRATEGIES SO ONE OF THE STRATEGIES IS CALLED SUB PRIME LENDERS OKAY SUB PRIME LENDERS ARE NON TRADITIONAL INSTITUTIONS SO IT'S NOT WELLS FARGO NOT BANK OF AMERICA THESE ARE PRIVATE INSTITUTIONS WHERE THEY LEND OUT TO PEOPLE THAT HAVE CHALLENGED CREDIT FOR EXAMPLE NET CREDIT THAT'S OP LOANS FIG LOANS OR DON'T DON'T JUST SPEED PAST THOSE AGAIN NET CREDIT OKAY FIG LOANS UH HUH OP LOANS LOAN OKAY THESE ARE SUB PRIME LENDERS SO IF YOU DON'T HAVE THE BEST CREDIT YOU CAN GO THIS ROUTE THEY'RE NOT GONNA EXPECT A 750 CREDIT SCORE THEY DO MAKE SURE THAT YOU HAVE CAPITAL TO PAY THEM BACK SO THEY DON'T WANNA SEE PAY STUBS OR SOME COLLATERAL TO SHOW THAT YOU HAVE SOME CASH FLOW THAT'S IMPORTANT RIGHT BUT YOU CAN STILL GO TO A SUB PRIME LENDER RIGHT AND GO GET CAPITAL OR YOU CAN LEVERAGE WHAT WE CALL THE OPERATING AGREEMENT RIGHT SO IF I HAVE A BAD CREDIT SCORE UH HUH BUT MARV YOU GOT A GREAT CREDIT SCORE RIGHT I COULD PUT YOU ON MY LLC ON THE OPERATING AGREEMENT AS 90% OWNER SO NOW YOU'RE 90% OWNER ON MY BUSINESS WE'RE GONNA GO AND APPLY THAT JUST AND GO GET 100,000 200,000 300,000 BUT BECAUSE YOU ARE PARTNER THE BENEFIT FOR YOU IS I'M GONNA GIVE YOU EQUITY IN THIS BUSINESS THAT WE GO BUY THIS TIME AND TIME AGAIN PUT MY COUSIN ON AN OPERATING AGREEMENT GOT $45,000 24 HOURS THEN WE GO BUY A STORAGE FACILITY AND NOW YOU HAVE EQUITY YOU GET PAID CASH FLOW SO NOW I'M NOT UTILIZING MY CREDIT I'M UTILIZING YOUR CREDIT

Original caption

There are levels to funding most people never hear about 👀 Credit isn’t the only factor. Business credit / funding tips / bad credit help / entrepreneur mindset / capital hacks #BusinessCredit #FundingTips #BadCreditHelp #EntrepreneurMindset #BusinessFunding