Nov '24 (edited) • Business Credit
$61K Wells Fargo No Doc 2 BCCs & 1 BLOC
Hey Leverage Squad,
Just ran this sequence with Wells Fargo. (receipts attached) I was approved for a total $61K. I had two business credit card apps $36K total approved for 2 different businesses ($18K each). They’re 0% no interest for 1 year.
The BLOC has the conditional pre-approval at $25K but I’ve spoken to the BRM and Branch manager locally and everything looks good that should 100% book on Monday/Tuesday. If it doesn’t get officially approved I’ll update the post but it looks all good for now. The rate is pretty solid too which is Prime + 6.75%
🧾 Receipts attached as always. Hope this helps out the community as I’m still learning a lot too 😊
Here are some other data points 📊
⭐️ All apps used projected income.
⭐️ Age of business 1: Two years 1 month
⭐️ Age of business 2: Only 50 days 😂
📈 Credit Scores for Personal & Business
⭐️ Personal Experian FICO: 754
⭐️ Biz 1 Experian Business: 95
⭐️ Biz 2 Experian Business: 77
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93 comments
Heather Martin
5
$61K Wells Fargo No Doc 2 BCCs & 1 BLOC
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