Startup Financing: Fund Your Startup Instantly and Cheaply

Name: Startup Financing: Fund Your Startup Instantly and Cheaply
Rating: 4.7 (45 reviews)

Master this simple technique to borrow funds for your startup within a week at rates of 1-3% and give up no equity.

Created byIan Bednowitz, Jasper Ribbers

Last updated 2/2017

English

What you'll learn

Borrow tens of thousands of dollars using balance transfers at interest rates of 1-3%
Find credit cards with the best balance transfer offers
Get the money from a balance transfer into your checking account, even if the balance transfer’s use is restricted to paying off another credit card
Manage the balance transfers effectively to avoid the series of traps the credit card companies set to try to get you to pay a much higher rate
Extend the balance transfer on another card when the promotional rate expires

Course content

5 sections • 18 lectures • 1h 3m total length

Introduction2:43
Learn to use credit card balance transfers to finance your startup at low costs, avoid traps, and get money quickly by leveraging offers and your credit score.
Introduce yourself and learn if you can skip two lectures0:34

Introduction to the tool I used to borrow over $100K at 1-2% interest rates2:36
Discover how balance transfers function as unsecured, short-term loans with promotional zero-percent to annual percentage rate terms, lasting 12–36 months, often used to transfer balances between cards for savings.
Understand these characteristics to use balance transfers effectively10:00
Evaluate balance transfers by comparing aprs, zero-percent offers, promotional durations, end dates, and fees; manage post-promotion rates and minimum payments to optimize savings. Read terms and conditions to avoid traps.
How balance transfers are used and how they work2:59
Explore three ways to access balance transfers and focus on depositing funds directly into your account using balance transfer checks.
Balance transfers are better than raising money from investors or bank loans3:24
Balance transfers outperform equity and bank loans by preserving ownership, avoiding collateral, and offering a lower rate, though they suit needs in the thousands to tens of thousands.

Finding balance transfers on your current credit cards1:35
Identify balance transfer offers from your existing credit cards, compare them across issuers, and negotiate fees or terms to secure the best deal before transferring.
Best cards to apply for a balance transfer4:43
Identify the top balance transfer offers, including Chase slate card with zero transfer fee and 0% APR for 15 months, and Citibank simplicity with 0% APR for 21 months.
How to get the money into your bank account quickly and easily2:23
Learn to move funds from a balance transfer into your checking account by routing transfers between cards and obtaining a refund check for a credit balance.
Three traps the credit card companies set to get you to pay higher rates9:03
Discover how balance transfers lure customers with good credit who overspend into traps that turn zero-percent offers into rising interest rates, driven by purchases, missed payments, and promo expirations.
Strategies for avoiding traps 1 and 24:11
Avoid balance transfer traps by not spending during the transfer and by budgeting for the minimum payment with automatic debits from a separate account.
How to avoid trap 32:26
learn to avoid balance transfer trap by rotating to new offers before promotional rate expires and paying off the balance; start transfers two to three weeks before end.
Summary: How to manage balance transfers2:01
Manage balance transfers by avoiding new purchases on the transfer card, setting auto payments for the minimum due, and planning three months ahead to rotate balances for low-cost working capital.

What is a credit score?2:06
discover what a credit score is, how it is calculated, and how to improve it to qualify for credit cards and balance transfers.
How is a credit score calculated?3:59
Explore how payment history, credit utilization, history length, credit types, and recent applications shape your FICO score for startup financing.
How can you improve your credit score?7:25
Improve your credit score by managing payment history with auto pay, controlling utilization and limits, preserving old accounts, diversifying credit types, and moderating new applications to support better balance transfers.
How do you find out what your credit score is?1:05

Requirements

Students need to be a resident of the US, UK or Australia or if not at least be able to apply for credit cards in one of those countries

Description

****The insights and applications from this course apply to the US, UK and Australia****

Would you like to borrow $15K, $30K, $50K or even $100K of cash for your startup or small business at interest rates of 1-3% within the next week?

This course will help you do exactly that. This course provides a concise, simple guide to borrowing tens of thousands of dollars at interest rates below 3% for as long as you need the money using your credit card.

The lead instructor for this course, Ian Bednowitz, spent years of his life consulting to different credit card companies while he worked at Bain & Company. He learned how the credit card companies use balance transfers to entice customers with promises of low interest rates and then lay traps for them to fall into that makes incredible amounts of profit for the credit card company. More importantly, he learned how to avoid those traps so he was able to borrow over $100K for his graduate education for over five years at interest rates of 1-2%.

In this course Ian and his co-instructor Jasper Ribbers will show you how to do the same thing for your startup or small business:

Learn exactly what balance transfers are and how they work
Find the most attractive balance transfer offers available (US only)
Get cash into your account in a matter of days
Adopt simple strategies to manage your balance transfer so you avoid the three key traps the credit card companies set to make you pay higher rates
Increase your credit score to get more credit to borrow and more attractive balance transfer offers
You don't need any kind of collateral for a balance transfer nor do you need to give up any ownership of your company

What you need to use the lessons from this course immediately is experience using credit cards, a good credit score and a need for additional cash for your startup or small business to use for marketing, additional inventory, new staff or any other project to help your business grow.

This course is not for an entrepreneur who needs hundreds of thousands or millions of dollars for his or her startup or small business.

INSTRUCTOR DIRECT SUPPORT: Ask any question and get answer right away within 24 hours or less depending on time zone - we do sleep you know ;) We are actively committed to supporting our students every step of the way.

30 DAY MONEY BACK GUARANTEE; Don't forget you can enroll at no risk! If this course is not for you then you can get 100% of your money back with the press of a button - no questions asked! There is no risk to you - only upside benefit!

TAKE ACTION - PRESS THE "TAKE THIS COURSE" BUTTON - ENROLL NOW!

Who this course is for:

Entrepreneurs, small business owners and freelancers who need thousands or tens of thousands of additional capital at very low interest rates of 1-3% for marketing, technology, additional staff, etc.
New or potential entrepreneurs who need seed capital of thousands or tens of thousands of dollars to begin working on their business
College or graduate students who need additional cash for their expenses beyond student loans and consumers who need to borrow cash at low rates for large expenses like a new car can also use the information in this course
This course is not for entrepreneurs or small business owners who need access to hundreds of thousands or millions of dollars in cash for their business
This course is only for students living in the US, UK or Australia as balance transfers work differently or are unavailable in other geographies
This course is only for students over 18 years of age who have at least one credit card account

Startup Financing: Fund Your Startup Instantly and Cheaply

What you'll learn

Explore related topics

Course content

Introduction2 lectures • 3min

Introduction to one of the cheapest sources of cash available to entrepreneurs4 lectures • 19min

Step-by-step approach to borrowing tens of thousands of dollars at 1-3% rates7 lectures • 26min

Understand and improve your credit score to borrow more money at lower rates4 lectures • 15min

Bonus section1 lecture • 1min

Requirements

Description

Who this course is for: