Who is Ty Crandall?
Ty Crandall had his own mortgage company and nearly went bankrupt when the housing market crashed. After losing almost everything, he realized there could’ve been an easier way when he discovered business credit. Ever since that moment, he’s been in the business of helping entrepreneurs learn about, and build, their business credit.
“When it comes to the business credit coaching side, that’s really a niche that we created.” – Ty Crandall
The Difference Between Personal and Business Credit
In a previous business, I had formed an LLC and thought I was safe when the partnership went south and I was left with nothing. Unfortunately, I was wrong. All the money that had been borrowed for the business had been linked to my social security number and, therefore, my consumer credit.
I had to learn this lesson the hard way but, today, Ty sets this matter straight by breaking down the difference between personal and business credit and how to make sure you don’t have to file a personal bankruptcy if your business doesn’t work out.
“A business has its own profile and score, much the same as you do as a consumer.” – Ty Crandall
Ty’s Steps for Building Business Credit
Ty has the process of building business credit down to a few simple steps and he is giving them all to you today for free. There are a lot of valuable nuggets and resources in these steps so you’re definitely not going to want to miss any of them.
“The one thing you’ll learn on the commercial, and the consumer, side is to get money before you need it.” – Ty Crandall
If you are short on time, here are the highlights of Business Credit Decoded with Ty Crandall:
Who is Ty Crandall ([2:58])
The Difference Between Personal and Business Credit ([7:17])
Why You Should Avoid Banks for Business Loans ([8:46])
How to Get Your Business Credit Reports ([15:41])
How You Can File a Business Bankruptcy Instead of a Personal One ([17:05])
Ty’s Steps for Building Business Credit ([21:27])
Connect with Ty Crandall
Ty Crandall’s Bio
Ty Crandall is an internationally known speaker, author, and business credit expert. With over 16 years of financial experience, Ty is recognized as an authority in business credit building and is the author of two books on credit named Perfect Credit and Business Credit Decoded and has been featured by Entrepreneur, Inc, and Forbes. Ty currently serves as the CEO at Credit where he has helped create and grow one of the biggest and most credible business coaching operations in the United States.
In this clip, I’m interviewed by a previous guest of my show, Pat Helmers, on the Sales Babble podcast. In this interview, we dive into the power of emotion when selling. We also discuss the things you can do to avoid being aggressive but still influential enough to close a sale. Check out the full interview here.