Create multiple LLC's. Operating with multiple LLCs in the rental car business is a strategic move for securing funding and scaling quickly. By establishing separate LLCs, you can work with multiple banks, allowing you to stack funding faster without over-leveraging a single entity and you can fund each LLC separately. This approach diversifies your financial portfolio, reduces risk, and increases your borrowing potential, giving you the capital needed to grow your fleet and maximize profitability. For example: If you have 10 brand new LLC's and a properly structured credit profile and chase bank gives you $10k in business funding for each LLC, You just made $100k in funding to build or grow your business. Comment "ME" and ill show you what a properly structured credit profile looks like to get lending on a brand new LLC!

I’ve been getting familiar with the business funding space and there are a few outdated/burnt out methods there are still floating around that people should be aware of. The first is the NAICS code you should choose for your business, the NAICS code is very important because this is used by the banks/lenders to determine whether your business is low risk or high risk in regards to funding. The most common one people have been using for years is CONSULTING but this is now becoming high risk due to the large amount of defaults in this particular industry, instead of CONSULTING 🙅🏾‍♂️ , use EDUCATION or TRAINING ✅ ,these are low risk (there are others also) and enables you to secure higher amounts of capital. Also be mindful of using REGIS & OPUS 🙅🏾‍♂️for your virtual addresses these are now starting to become flagged by banks/lenders because they want to be able to find who they are lending to, instead try to find a local commercial address near you that’s more under the radar and you can use these as your virtual address. This is 2025 updated information from reputable sources that will give you a higher success rate with getting funding for your business, now let’s get the bag!! 🎯

Hi, my name is Nykiarea and I’m here to learn credit repair!