How to Keep Your Business Credit Cards Interest Free for YEARS

If you’re familiar with business credit cards then you know that many of them come with 0% interest offers that could be as high as 22 months what if there’s a way to keep your business credit cards at 0% interest for years after that introductory offer has ended I’m Zack Richie and welcome back to the fund and grow Channel where we geek out over all things business and finance now get ready because today I’m about to unveil the financing strategy that could help you achieve 0% interest on your business cards for years to come it’s not magic it’s not reserve for the elite it’s a game-changing approach that anyone can master in this video we’re going to show you step by- step how to make that happen before we get into it please take a moment to like And subscribe.

To the channel let us know that you’re enjoying the content so we can continue to make more of it to help you grow your business all right I’ve got the YouTube stuff out of the way let’s get started so when keeping 0% interest long-term there are about three ways you can go about doing this however before we get into that we need to understand a process called credit card stacking we actually have an entire blog post on this topic and if you want to check it out I’ve linked it down in the description but the basics are this credit card stacking is the process of applying for multiple credit cards to access a larger unsee secured line of credit than any one business credit card could provide this method allows you to take advantage of the best deals for multiple companies including their lucrative zero% interest introductory offers.

And combine them to maximize your spending Power by doing this entrepreneurs could get more bang for their buck and take advantage of perks such as cash back points rewards and more without paying interest on the amount that they’re borrowing so how does this credit card stacking thing help you to grow your business well in addition to hundreds of thousands in available funding entrepreneurs can access more cash back for purchases made through those accounts growing their business without having to worry about high interest loans or risking their assets as collateral additionally having multiple business credit accounts open at once can actually help build an entrepreneur’s credit score which makes it easier when applying for loans at other financing options down the line all right so now that we’re all on the same page about.

What credit card stacking is how do you maintain that 0% interest so most cards will offer 68 months of 0% on purchases balance transfers or both some cards are going to have longer offers than that but for example sake we’re going to just stick with the average so the first way to maintain the 0% is the most straightforward use the business credit like a charge card after the 0% comes to an end so while the card has 0% carry a balance it’s not going to hurt anything but after it ends if you pay off your balance each month after the 0% has helped Kickstart things and boost Revenue you’ll never have to worry about interest payments now.

Is this technique particularly exciting maybe not but it’s the most straightforward way and it’s super easy to do now the second way to keep your 0% interest long term is to leverage cards with 0 % on balance transfers so let’s say you’ve got a business card with 6 months at 0% come up at the end of that 6 months so you go out you look for a different card that offers 0% on balance transfers so you can move the balance from the first card with the 0% ending move it on to the other card that has a new 0% on balance transfers so now you bought yourself an extra 6 to 18 months now as an aside if you keep that first card open move the debt off of it and you don’t really spend on it anymore some cases have shown that banks will eventually reach back out.

And offer you a new 0% in order to get you to start using the card again now again if you take this technique and you move that debt over maybe think about not closing out the old card maybe just keep it on standby and see if the banks want to renegotiate the last way to maintain the 0% is the most complex but it’s to leverage the credit stacking strategy to merge accounts so let’s say you’ve got a business card that’s coming up at the end of 12 months at 0% you can go back to that lender apply for another account with them and merge the two together to create one with both credit limits but the new 0% now Zack wait a minute can you break that down let’s say you’ve got a Bank of America business credit card for $10,000.

And it’s running out of that 0% so you reach back out to Bank of America you apply for a different business credit card and they give you 20,000 this time because you treated the first one so well you can actually take that first one that 10K and merge it into that 20 so now you’ll have one $30,000 card and because you merged it onto that new 20 it’s starting that 0% so now you’ve maximized the amount of fun they’ve given you and you’ve essentially restarted the 0% cycle now as you might imagine if you’ve got more than one business credit card this can get very complex and keeping track of which cards have what and what offers that you can merge one together with the other it’s very difficult to do it’s also very time consuming but here at funding row this is what we do day in and day out for our clients we’re generating anywhere from 20 to $25 million.

In funding for our clients every single month by using these strategies on a larger scale we know what accounts can be combined and which can’t we know what the lenders are looking for in an applicant we negotiate with the underwriters to overturn denials and get you the maximum amount of funding for every business possible we’ve helped over 30,000 business owners from all walks of life gain up to $250,000 in 0% interest business credit that can fuel their startup or season business and if you want to be a part of that if you want to learn more about that I’ve linked our Master Class explaining our process in the description below as well so there you have it three ways to maintain business credit 0% for years down the line we’ve covered the strategies we’ve shared the insights and we’ve provided you the know if you found this video helpful like subscribe.

And share with other entrepreneur who might actually find some benefit in these insights as always, I’m Zach Richie thank you so much for joining our talk today and I’ll see you here next week a brand-new video.

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