Busting Myths, Leveraging Credit, And Maximizing Returns With Merrill Chandler From GetFundable.com

Foreign this is the no Closer show where you get the latest developments in.

Distressed note investing and learn the secrets of how you can control millions of dollars worth of property for panties on the dollar.

Get educated and entertained by someone who.

Has closed thousands of deals and lives to support you in achieving the same.

Now here's your host CEO of We Close Nodes, Scott Carson.

All right, everybody. Well, hey, we are back and I know it's been a lot this first day here so far, but I wanted to say something fun and something that you will walk away probably with more nuggets than anything else we talked about. Now we've delivered a lot. We heard all the amens from you guys in the chat roll there beforehand. But I'm really excited for this next session and really just jacked up to totally introduce my buddy, my good friend there, Meryl Chandler from getfundable.com Now, Merrill, as we like to call him, he's the credit messiah.

Okay?

He is the Neo when it comes to the credit matrix of take there. You want to swallow a different colored pill after talking to Merrill because hopefully you will sit here and listen because he will share so many things that are false when it comes to the credit markets and what you do to improve your credit and what you do to get business credit. Because one of the big things that some of you guys may qualify for depending on what Meryl shares here and what's going on in the markets, you may qualify based on where you're at for lines of credit. And yes, you can use your own lines of credit to buy note deals. What Meryl and his team, Rockstar Team, who do a great job for our students and investors and entrepreneurs all across the country, is help you build business credit, help you put business credit in place to help you weaponize, army your personal business credit so you go out and do more because now's the time to start making hey baby. Because we're going to start seeing or already starting to see or you can see a lot of deals over the next 12, 24, 36 months and you want to be prepared to be able pull the trigger quickly. You do that with your own lines of credit or refinance out your own line of credit with other people's money and rinse and repeat and go from there. So Meryl, so honored to have you here on the virtual not buying workshop or no Buying for Dummies. Your class is one of the two must attend classes or one of the trains that we recommend everybody do because it is so eye opening and I Will tell you this. Right now, myself and Stephanie are clients. We're very happy. Came in very, very handy when we refinanced a few years, a year or two ago, stuff like that. And along with helping us blown away, I would just say knowing you has been a big boost to my credit score.

Right. Well, thank you very much for the intro, you guys. We're going to be on a sprint for the next hour, hour and a couple minutes because we need to know this information in order to leverage, in order to take advantage of the windfalls that are coming that you've been hearing about, you'll hear about this entire weekend. So I'm going to share my screen and first things where you guys already know how to raise your hand. Every raise your hand, just give me a hand raise there. Show me how you know how to raise your hands. There we go. Boom, boom. Keep going, keep going, keep going. I want to. Yeah. And I already saw all the amens, so thank you guys. Going to ask you questions, you're going to raise your hand, you're going to put in the chat. But the bottom line for us is we need to know very specifically how to access the lowest cost money on the planet. That's what we're going to be talking about today. Everybody can see my screen, right? And here we go. So we're going to be talking about insider secrets. And people immediately come to me like, oh, boy, insider secrets, blah, blah, blah. I'm telling you, I walked the hallowed halls of FICO and lender underwriting teams to gain access to the very things we're talking about tonight. Some say I got the receipts, I've got the street cred. We're going to talk about all that tonight. Number one, we are still getting funding with the raising of interest rates and the increase, the decrease in available credit that's coming our clients. I'm going to show you exactly how our clients and our students are actually getting huge fundings still without collateral, without tax returns, or without using financials. So our end game today is get the money you need to thrive during recessionary pressures. Not when everybody has access to capital, but when you need it. Now you can do more deals and you can keep more money in your pocket so you don't have to pay what I call body part pricing, paying an arm and a leg for your capital, hard money, private money, etc. Now, my goal for tonight is to make sure every one of you see that there's a clear path, there's a singular path for you to get Business loans and business lines of credit. Regardless of where you are now, some of you may be in the fundability of San Diego. If we're all headed for funding town in Denver, Colorado, Tom, you may be in Miami, you may be in New York, you may be in Washington state. There is a clear path for you, but it's likely different than the neighbor you're sitting next to or your fellow note buyers who are in this seminar. So there are two unstoppable forces that are happening right now. You guys, you need to understand this two unstoppable force, you have no control over it. They are waves that are going to happen to you or you can ride these waves to success. The first one is economic. Now what do I mean by economic is that lenders make the most money when they lend. And over the last two years they have banked more money, they have made more profits than in any other quarters in years. This was before the interest rate started to hike. So they're sitting on this capital without anywhere to lend it. What do I mean by why aren't you getting, why aren't they lending it? Why aren't you getting approved? If they have so much money, why aren't you getting your share? Right. Well, first of all, you got to understand we're going to cover this a great deal tonight. You got to understand that you've been lied to about how to get approved and because of your lack of borrower education, because we are not in the know, because we're not behind the curtain, we buy what they sell us, even if it's incorrect. Now, I will take one exception to what Scott said. I am not Neo. You are Neo. I am Morpheus. In this scenario, I'm here to give you the choice to wake up to the truth of what's possible. Give you the choice of do you want the truth or do you want to remain asleep? Just like they do in the pods in the movie the Matrix, if you are familiar with that show. So I want to see in the chat, how many red pill or blue pill do you want to stay awake? Come awake to what the truth is and how to get these lines of credit, business loans, or do you want to stay asleep? Just declare it doesn't matter to me. I'm not the one looking for capital to become bad ass note buyers. So anybody out there? We got Alexis says awake, Laura says awake. Who else? Anybody else? Well, Lexus and Laura. It's the three of us. Then I. Oh no, there we go. Lloyd says yes. The whole point of this is literally just to wake up out of this sleep that we have been coaxed into because we're going to learn tonight. There we go. Lloyd Carr, Melanie Allison, Red pill for rj. You guys, here's the thing. You can either be prey or you can be a partner to the lenders. Pray, how do you know you're Prey? You're paying 18 to 20% on a $5,000 credit card. Partner is you're paying 5 to 6% on $100,000 credit line. Tell me you guys get what I'm saying. Do you understand what I'm saying? There is a very distinct line on your relationship with the banks, with me. So the only way for us to go from this amount of funding in that little cartoon there to this amount of funding is people who know the funding guidelines. We. What do I mean by that, funding guidelines? Well, when we're in prosperous times, you guys, there's looser approval guidelines. So these outer rings cost more money. They're the 22, 26% interest and they are lower approvals. 2,000, 3,000, 5,000, maybe some of you get a 10,000. But they're on the outskirts. During stressed economic times, the lenders shrink that target. So all of those old approvals, not going to happen anymore, not during this period. So if we're not going to get it, you've heard the saying, what got us here is not going to get us there. You guys, we're headed in to the most powerful economic part of the cycle, the collapse. When if we have money available to us during the collapse, who wins? Type it in there. Who wins? If you have access to all of these notes. What did Scott say? The bank always gets paid. Always. If you become the bank, we are the ones who are making the money. Right? So what do you have to do to meet these lender guidelines in any environment? And the way to do that is to optimize your credit, optimize your fundability. This is not. Repair your credit. And you're going to learn very quickly. I don't care if you have a high credit score, if you got a high credit score, where's your million dollars in business lines of credit? We'll learn that in just a moment. So if we don't optimize our credit, we don't meet the underwriting guidelines for the low cost money. So if we do optimize, then we get the lower cost money and the higher approval amount. Tell me you guys are getting. This is making sense. We can be here when we don't meet the Approval guidelines. And we're here. If we do lower cost, higher approvals. Tell me, you guys, that makes sense. Anybody, does any, raise your hand. There we go. Thank you, guys. Thank you, guys. Now, we call this. We call this bullseye borrowing. Fundability, the ability to get funded. So that means we get the best approvals in any economy. Because guess what? If you're the perfect borrower, if you're the ideal bank customer, then it doesn't matter whether the funding target is this big or this big, you get funded. Does that make sense? Give me hands. Give me yeses or nos. I want to make sure we don't move past this. Then we, Charlotte and Allison and Lloyd and Alexis and Wayne. Absolutely. You guys, rj, Laura. So this or this? Well, we're headed into this, you guys, right now. We're headed into this. Are you guys going to be stuck out here? Are you going to be stuck out where there is no money available? See what I'm saying? We want to make sure that we are right there. We want to be fundable in every way. We want to be the ideal bank customer so that they fund us regardless. Now, the second unstoppable force is technology. What do we mean by that? How many of you in the last few years submitted an application online or at a bank and you were approved within 30 seconds, two minutes? I want to see hands. Nobody else can see hands. So I'm not giving anybody away who's been approved. Yes, yes, yes. More than half of us you guys have been approved for, we call that automatic approvals, automatic underwriting. No human being looked at that. You were approved because of your data. Now let's follow up with that. How many of you. So lower your hands. How many of you have received an email or a letter from the bank, from your credit card company where they raise the limit? No credit poll, no income verification, no security, no assets, no backs up, nothing. They just said here, congratulations, free money. Look at all of us. Yes, again. I won't say your names this time. Gobs of us, you guys. Almost 30% of us. That's what we call automatic limit increases. Now that is. What's this unstoppable force of technology is everybody's going to measure your data. Your data is everything. Now the question is, are we ready for it? What are they measuring? A lot of people say, oh yeah, they're measuring my credit score. Thank you for playing. It's not true. We'll get to that in just a moment. So this technology is. They're looking at your data to see whether or not they're going to give you more money now. So a bunch of us had automatic limit increase. How would you like one or two or three $50,000 credit lines? And because you knew how to use the data, they just raised your credit lines like they do your credit cards. I want to see hands, I want to see yeses. How many of you would like a credit line that grows to $100,000 without income verification, without tax returns, without anything? Look at all of us. Yes, it's already happening in your personal credit card. You just don't know what the underwriting criteria are. How would you like to know? Let's talk about it now. Part of this unstoppable force is driven by fico. FICO is in charge of your three digit number of your credit score. But that isn't where they stop. I met Will Lansing, the CEO. He asked me about my business model and I was invited to meet with the underwriting development teams, the score development teams for both personal and business. I'm sitting here with Ethan, the chief FICO scientist, the personal credit score developers and sbss credit Dave. There was even an NDA police. So they didn't give away the farm to me because the CEO said that I could ask them questions about how to make you fundable, how to make you fundable. Now, because of these unique circumstances, I was able to learn about one of the biggest lies of credit. We're going to talk about that tonight. But coming back from this incredible opportunity, I was able to build this easy step by step process a program to fit exactly the lender guidelines FICO told me about. And voila, every entrepreneur, every real estate investor who implements it wins. And so we devoted our lives as a team to bring this intel back and build it for you. And every one of these we learned so many myths that have been promulgated. We also learned the key that unlocks the key to business funding. As I showed you, in any economy, whether it's a wide or a narrow target, you have the ability to get those approvals. So what are we facing as real estate challenges, right? Lack of capital, super expensive alternative lending, and more importantly, some real estate investors. There are businesses out there that lenders don't like to lend to. We're going to cover tonight how to become highly desirable, that perfect ideal borrower. Now the first thing you have to do. One of the things we're learning tonight is to be able to stop stepping on the funding landmines. How many of you that resonate with the term Stepping on funding, landmine. You don't know they're there. You're walking into the bank, you fill out an application, you have a good credit score, and all of a sudden denial or super small approval. Does anybody relate to that? Do you guys relate that? What am I doing? Why in the hell will they not approve me? Look at all of us. There's a whole bunch of us, you guys. And it's because land mines are the perfect analogy because we don't know where they are and they're highly destructive, right? And lenders only want people who know how to play this game to receive their partner rates. They're going to prey on everybody who doesn't prove up that they know how to get across the minefield. Does that make sense? So let me tell you about an example, one of the most powerful examples, and Teresa here is a note buyer. She was one of my early wins and she went out and proved exactly what we're talking about. Listen carefully. When they talk about paperwork, paperwork means full, Doc. Listen carefully.

I did what you, you said to do just a couple of things, and my score went up 30 points right away. And so within six months, my score went up over 100 and I was already in the 700. So I am, my score's nearly perfect now. And they all line up and I was able to achieve a $500,000 unsecured line of credit my first time out of the gate with my first bank. So that really put me in a position to change the game that I'm executing to change my retirement strategy. And in fact, I actually used the line of credit recently for the first time. So it put me into a million dollar asset that I would not have been able to secure. And in fact, the bank, I was putting all the documentation together and they called me and said, okay, we're done. And I said, don't you want the paperwork? And they said, no, your credit score is fine. In fact, it's unusually fine. So we're just going to give it to you. We don't need any more paper. And it'll be an unsecured line of credit. $500,000.

$500,000. First time approach to one bank and she's had several since then. The point is, is that when you know what lenders are looking for and you optimize your credit, like I said a few moments ago, you optimize your fundability and you hit those funding guidelines, hit the bullseye, you get funded. Now, I've been doing this for 30 years. Um, Scott, by the way 30 years, May, May 5th, this past May 5th, 30 years I've been doing this. I've discovered all of these things the hard way. And you get to cheat and do it the easy way. You're here tonight to actually be able to stand on the shoulders of giants so you can see further and get more and higher approvals. So because of all of this, I've been able to compress time for you. I'll take all those years of trial and error and share with you tonight what actually works. In fact, I'm my own crash test dummy. You guys. I have tried all of this stuff on myself, right? And yes, I would have paid off my personal mortgage, the Merrill Chandler mortgage. I'm just like a mortgage, a 30 year fixed. Woo. All right, so let's keep going. After 30 years and three massive recessions, I've discovered that most of you don't know why your businesses aren't fundable. We're going to learn that tonight. Most of you don't know what the lender priorities are. Learn that tonight. Believe that you need full documentation. I already showed you, you don't need full doc. Some of you have already experienced it. You just experienced it on your personal credit cards. What if you could experience it on business lines of credit? It's the same thing. We're talking about that tonight. Now some of you believe you have no control over your funding approvals. What if I show you Tonight you have 100% control over your funding approvals? You just don't know it yet. That's why I'm Morpheus. Any of you who remember Neo at the very last scene of the first movie, he learns to fly. We are here to learn how to financially fly. My job here tonight and for any engagement we do for the rest of our lives together, my job is to show you that you have the power to get the approvals. The lenders don't care. They trust the software. In fact, let's just cover that right now, Sky. Let's cover this right now. If for 500 years lenders have required documentation to prove that you can pay money back, a loan, line of credit card, they ask for documentation. For all of these years, especially in the last decade, they, they have collected all this data and FICO has been instrumental in this. They collected all this data and they set up these lending criteria inside of software. So now software, as you know, all of you who've done an automatic approval or automatic limit increase, you know, no human being looked at that approval and they gave you 5,000, 10,015. Some of you $20,000 in 30 seconds. So that means they trust their software. But the software, like the matrix, is based on rules. If you know what they're measuring and you align your data with what they're measuring, please type it out. Who is in charge of your approvals? If you know what they're measuring, who's in charge of their approvals? Guys, who's in charge? Yes, rj, you are. Hakeem, you are. Absolutely. We are in charge of our approvals 100%. Now, if you don't want to be in charge, then go places that do manual underwriting and take all your documentation. But if you want to be in charge, then you are in the right place tonight. Next, we have developed this new fundability process in, in order to put money in your pocket to grow your business and create the results you're looking for. Right? So I've helped real estate investors just like you get over 220 million. We're like 225 right now in these very approvals. 60 million. And that was just in the first year and a half of COVID So let's dive into the three secrets that knowing these secrets are complete game changers. And I promise you, they will blow you away. Insider secret number one, you have been lied to. It's not about your credit score. It's about your ability to be funded. We call that fundability. Let me give you a perfect example. Robert came to me and he had killer scores. Some of us would kill for these scores. And so he comes to me and he's like, and some of you may have these credit scores, but you're getting denied. Why? Because the score does not determine the approval. The quality. Your data, your profile and your borrower behaviors determine your funding approvals. So this unfundable borrower profile, he had a $5,000 personal credit card from a credit union. And you could tell he's a real estate investor. Three retail accounts. What A high credit score means you get more of what you got. It's called pure lending. Since he has mostly retail and low value credit, you can go to any low value credit or any retail and get with a high score and get the best possible raise. Great. Go to Victoria's Secret, go to Home Depot. They're going to give you a good credit line or a good credit limit, but you will never, ever, ever, ever, ever, ever, ever with that profile, get a $50,000 business line of credit from any of the top tier banks. Never. It has never happened. It will never Happen because you're never going to get a fifty hundred thousand dollars business line of credit based on your Home Depot reputation. Tell me you guys get what that means. Raise your hand or tell me yes or no. Does that make sense? Great. You have an 800 plus credit score based on retail accounts. They don't care. They want to know how you deal with cash before they make you a partner in the business. Everybody with me, does that make sense? They want to know that you're legit before they give you partner rates. Right now they're giving you prey rates. Follow me. Okay, so credit scores alone, he was not fundable because of a high credit score. Credit scores just means that he did well with what he had. But the quality of the profile would never get him business credit. Right? So credit scores alone are not going to get you improved. In fact, here's the big secret. Write this down. Write this down. Your credit score is used after you're approved to give you to determine your interest rate and your loan amount, period. So let's say every lender has a threshold. Some could be 680, some could be 700, some could be 720. That threshold is moving up for most lenders, by the way. So if you don't hit that threshold, let's say 720. If you don't hit that 720, your application's denied. But if you're 721, they stop looking at your score. It doesn't matter if it's 721 or 821. They don't care as long as you cross that threshold. Then they look at the actual fundability of your profile, which means they determine what borrower behaviors you have and what's the quality of your personal profile. Listen carefully. Your personal profile determines your business approvals. Not since 2008 have they been funding a business. They fund the principle of the business and put it into the container of the business. Tell me you guys understand what I just said. Raise your hand, give me a yes, a no. Does that make sense? Since 2008, they have never funded a business. Small business credit never happens. If you got an approval, it was based on your personal credit profile, your personal borrower behaviors, and the quality of of that profile. Great. I love you guys for weighing in. Now, over 90% of all personal and business credit approvals rely on that one company, FICO. And since FICO, since 2016, I now have a FICO liaison that I meet with about twice a month. I go to every single FICO world, which is Think of it as Mount Olympus of the credit and funding gods. And I sit down with lender underwriting teams and help understand what they consider to be fundable. Then I bring that home and give it to who? You. Why this matters is that because I have a seat at this table. You have a seat at this table. You get to know as soon as I know. And I'm going to show you exactly how you can plug in every week. You can know exactly what's going on at fico, what's going on among lenders. Right? I'm on the front line of these funding approvals. So secret number two, Funding approvals rely on your borrower profile and your borrower behaviors. Now, problem is, is a real estate and business entrepreneurs think it's your deals. I have guys who are doing $11 million in full flips. $11 million in flips. Got denied a $50,000 business line of credit. Why? Because they thought it was their P and L that was getting them approved when they had mediocre personal credit at best. Tell me you guys understood what I just said. Raise your hand. Tell me you understood what I just said. $11 million in flips. But his personal credit was mediocre, which shows the borrower behaviors that are most meaningful for lending. And that's. How does this individual treat their personal credit? Doesn't matter how much money you're making, it matters how you treat that money. Everybody with me? Everybody with me. Okay, so we go back to our little target. And that easy money, when we optimize it, we hit those powerful funding guidelines, which automatically means we're going into a compression of credit and we want to be able to still get these fundings. Now would you guys like to know maybe what those borrower behaviors are? Anybody? Give me a hand? Yes. Anybody, would you like to know what the borrower behaviors are? I ain't doing anything until I see some hands or I see some yeses. There we go. There we go. All right. Very good. So let's take a look here. FICO grades plus or minus 40 borrowed behaviors. Only 10 have to do with derogatory accounts. That means there's 30 ways to improve your fundability, not your credit score. Have you heard me talk credit score? No. Your fundability can be improved by working with the 30 deal with positive credit trade lines. All right, Here's a list of 32 of them. They couldn't all fit and still be legible. So I'll tell you what. Is it okay if I over deliver? Yes. No. Is it okay if I over deliver because this isn't on my deck. I didn't plan for this tonight. Sharla, you and me. Absolutely. Here we go. Oh, yeah. R.J. excellent. Go to get fundable behaviors dot com. Get fundable behaviors, plural behaviors dot com. Tell me where to send it and we'll send you a list. There's 150 borrow behaviors that every bank in this country draw from for their underwriting criteria. Fico measures 40 of them. But lenders have their own approval software. Everybody draws from the Same approval. 150. Guess what? In a minute, I'm going to give you an opportunity to know how to optimize for all 50 bar behavior. Would that be okay if I gave you how to actually optimize your bar behaviors? Would that be all right for you guys? There we go. That's what I'm talking about. Charlotte, you're off. Man, you are fast off the mat. Send it. All right, very good. So continuing. The whole point of this, you guys, is how do we get 200, 300, 400, up to $1 million in business lines of credit? Write a check and do a deal. Some of you note buyers, you may prefer very expensive bank loans because if you can deploy all the capital at once, you use a loan and buy two or three notes. Five notes, seven. Whatever your game plan is, you may not want those on credit lines because you're going to keep them long term. So let's get you the bank loans that create the highest yield for you and the lowest cost. So that 220 million in approvals, guys, is no freaking joke. This happens during financially stressful times. Those approvals are still happening. All right, insider secret number three. The biggest money approvals come when you have a highly fundable business. Now, the secret is you can make a highly fundable business in 24 hours. The problem is most of us. Once again, we're all asleep in the matrix. We're all in our little power pods and we're just giving away our life force as prey to the system. Not anymore. Not if you're Neo and I'm Morpheus. Not going to happen. Let me give you some definitions about business credit first. This one makes me mad. Not since 2008. Anybody who tells you or tries to sell you a program to raise your business paydex score is lying to you. Chase, Wells, BB and T. Pnc, none of them use your paydex score to evaluate you for a business line of credit or a business bank loan. Never has happened. Never will happen. You guys. You've been lied to and fed a crock of shite. And it's not okay. It used to be true before the bottom fell out in 2008. But the second largest loss to lenders wasn't just mortgages. In that fiasco, the business underwriting fell apart as well. They discovered that borrower behaviors were a more true indicator of fundability than documentation. So since 2008 they rely 80%. 80%. Write that down. 80% of your approval is based on your personal credit profile and borrower behaviors. Not on your business and never on your paydex score. Never on your Intelliscore from Experian. Those are not used you guys for business bank credit instruments and credit products. So retail credence you line account. How many of you are disappointed or know somebody who's been bamboozled by credit operators trying to get you business credit? Anybody know somebody who's been sold a bill of goods to go get business credit? Do you really want trade credit? Do you really want Uline accounts, Granger accounts, et cetera? That's not the kind of credit we're after. So that's retail and trade credit. The next one is commercial credit. Now it's full doc manual underwriting. It has to be for a credit for more than a million dollars. So where's that Uline account and where's that in between place that is technically called small business credit by the entire industry. It's business credit cards, business credit lines and loans and anything but 20 grand usually is the lowest. 20 grand to a million dollars by top tier banks that requires a personal guarantee. Has since 2008. I'm just announcing love me, hate me but there's no such thing as cash instruments, business credit lines, business loans and business credit cards that do not require any a personal guarantee. If somebody's saying there's no pg, it's not a bank credit card, it's not a bank loan, it's a Uline account. Yeah, go get all the ones you want guys. That doesn't exist in real banking. So it's one more way that they're bamboozling you to believe that when you spend their $2,000 $3,000 to build your Paydex or business credit. I'm sorry guys, it's not true. Hasn't been for 12 years now. And then another huge business lie. Take a look at this. If your business or the purpose your business purpose that you filed with the state contains any of these words, it's an automatic unfundable denial. You heard it here first. Sorry Not. Sorry. We've not been told the truth about how funding works for our businesses, you guys. And. And it makes me angry. And as you can tell, it pisses me off. Because everybody wants to sell you something, right? The problem is, are they selling you the truth? So let me tell you how this works. There are business codes that make you unfundable. So it. The United States federal government has demanded of every single secretary of state for every single state, they demand to know the growth in each sector of the economy. So they have this huge database of different types of businesses. So what does the Secretary of State do when you fill out an application and you put in one of these words? They read through that application or your llc, articles of organization or articles of incorporation, and they look at it, and then they go to this database, put in those words, just like you said, Sharla. Investment. And so they look up investment, and they assign you a code behind your back, and that reports to the federal government. Oh, yeah, we had another investment company open up in the state of wherever Charlotte's from. Tell me you guys are getting this. Raise your hand. Tell me. Yes. Are you getting this? This is happening behind your back 100%. And because you're putting the wrong. You're naming your word. Since we don't know the rules of this game, we're being bamboozled one more time, right? We're thinking we're cool by naming our company something, and we're automatically throwing up. Hey, don't give me money, everybody. Don't give me money. Don't give me any money. You realize that's what we're doing, right? That is what we're doing. And nobody told us. To add insult to injury, all the business credit lenders look at the state records to see which code you were assigned and put you on their blacklist. And more insult to injury. They look Dun and Bradstreet Experian Business and Equifax Business. Record those unfundable business codes and put them on your business credit report. So in case any lender missed it with the state, your business credit reports. Go, go pull your business credit reports. You're going to see that you are unfundable. So what do we think? Type yes. If you've learned something new tonight. Anybody, have you learned something new new tonight? Alexis has, Sharla has. And Hakeem has. Don't start a new one. Sharla, don't start a new one yet. Rj, Laura Lloyd. Excellent. All right, so let me ask you a question. Yes, You've learned something. But are you enjoying the quality of the content? Are you enjoying. Some people have said, meryl, you're so passionate. You're so on fire about this stuff. If you're enjoying the training, if you're enjoying how we're doing it, send me a dm comment on your socials, take a picture in front of it, share. Just spread the love. Just say I'm having my hair blown back by some random dude on Scott Carson's event. Right. Whatever it is, you can hashtag get fundable, hashtag fundability. But let people know that we've been lied to. All right? Because you got way more influence in your tribe than I do right now. Okay. Now, how many do you feel. We'll get to questions in just a minute. Jessica, how many of you feel like you've been drinking out of a fire hose? Anybody? Hands? Yes. Hands? Yes. Anybody drinking out of a fire hose? How would you like to have more fire hose to drink out of? Right? How many of us would like a little bit more? Let me ask you a simple question. If you did what I'm teaching you, let's pretend you knew how to become fundable instead of using your credit score. If you knew what the borrower behaviors were and you align those with with credit guidelines and you had a fundable business, you changed the name or did whatever, how many of you believe you could be successful? You did just the things we talked about. If you knew how to do the things, how many of you believe it could be? Give me a yes, raise your hand. You think you could do something different? Do you think we could wake up from the matrix if we did just those three things? So awesome, you guys. Thank you. And Doug's thirsty. Melanie says, bring it on. We got a bunch of hands. Imagine having 300, 400, $500,000 going into a note frenzy season. What would that do for you? What would that do for you? I'm telling you, you too can get your stake. Cause lenders have never had more money. They just give it to fundable borrowers. Yes. Hakeem do deals. So this may not be for everybody. For those of you who are ready to take things to the next level, is it okay if I share something special that I put together just for you? Because I've developed. Because Scott and I have been doing this for half, eight years now. Scott, I mean, we've been doing this forever. And he keeps bringing me back.

Feels like it's a long time.

Keeps bringing me back because his students and clients and himself Keep being successful. Do you think anybody would stand to have me here? If I did not deliver on results, do you think you'd bring me back here? He even says that what I'm about to share with you is required for his best coaching. Because you need to know the rules of the game to get the money to do the deals. He's going to teach you how to get. I'm just a mechanism. His is the genius about finding all those arenas in which you can pick up notes. How would you like business loans to do so? Credit lines to do so. So raise your hand or say yes if you would like. Share all the things, says Sharla. You and me. You and me, girl. Are we good? I'm going to share with you. Exactly. We have an online course called the Business funding Master course. It's referred to as a boot camp in many arenas. This bootcamp, I've done over 30 live boot camps. And we took. Think of it as the best of Merrell Channel. We harvested every single strategy out of these 30 boot camps and brought it all together for you. What it's all about is getting you the money you need to grow the business the way you want to. Some of our clients are picking up business credit cards or business loans within 45 days after completing the simple steps necessary after they do do the course. And how many of you are giving away your profits to hard money lenders or to private money? Stop it. Stop it. Banks have cash. We just have to know how to unlock the code. All right, so what you're going to get in this, there are several components. So bear with me, because every one of them is going to blow your mind. First of all, there's the business funding system. There's over 30 specific strategies on how to make your personal and business profiles fundable. Just a couple of examples. You may not know, probably don't know that there are hidden dates that lenders use against you in order to downplay your fundability, give you higher interest rates or charge you more fees. Their credit card balances, you think, oh, yeah, if I charge them up, I get counted against? No, there are certain balances that you carry that will crush future approvals. You'll never get raised limits. And they track all of this in their borrower behavior metrics. Your installment loans. We'll get to that one in a minute. There are business credit posers. I'll just cut right here, guys. If you have a Spark Business Capital One Spark Card, that Spark Card is currently reporting to your personal profile. So when you're being a good businessman or businesswoman, you. You're charging up your business expenses. You hold a balance. It crushes your score and your fundability. Nobody told you until now that Spark is a poser business card. Same with Discover it. Same with a couple of TD Bank. Their business credit card reports to your personal profile. They're all posers. Nobody tells us because they don't care about your fundability. So every time you use this, you guys, we end up ruining our future funding approvals. Right? We go through the business credit system. I was telling you, nobody uses paydex in the big hundred thousand dollars approvals. It's the wild wild west of business credit. You learn everything about that in this section. When is an inquiry not an inquiry, not an inquiry? The entire inquiry process is revealed in how to actually use inquiries and to leverage your approvals with a current lender. And more importantly, how to use soft inquiries to actually get approvals. The truth about real business credit FICO lender scores versus FICO scores. I'm going to go here. 100 million people in this country use Credit Karma for an assessment of their credit health. Do you realize Credit Karma uses a fake credit score? That credit score known as Vantage is not used to approve you. Not used at all to approve you. In fact, if you go to Credit Karma and you pull it up and you see those two scores because Experian uses FICO, so they only have TransUnion Equifax, by the way, you see those two scores. But if you see the featured credit card right there to the right and you click on it, they pull a FICO score to approve you and and lied to your face on Credit Karma's front page. You guys, this is not okay. But until this moment, if we don't know this. And by the way, there a number of consumer advocacy groups have done studies and there's at least a 30 point difference for most borrowers where Credit Karma scores are 30 plus points higher than the FICO score that's going to be used to evaluate you for credit. Come on. This is insane. Tell me you guys are getting. Tell me you guys are here at least hearing me. Is this making sense? This is a huge, massive manipulation. Thank you guys. Very good. We got RJ and Allison and Hakeem. You guys, we have to know the truth. So when you know the truth, take a look at this, Robert. Hilarious. This guy's hilarious. Since starting with the program, my personal credit score has gone up over 150 points. One of the things that I was absolutely Astonished by was how easy it was when I walked into the bank and just asked for a sizable line of credit. And it was the easiest application to fill out, and it was the least amount of hassle and interrogation. I provided absolutely no documentation, and I was able to, two or three days later, get a confirmation that they had approved the lines of credit for both of them. Four months.

I could not believe it. Meryl. I couldn't believe it. I'm sitting there. The guy pops up on the computer as he's, you know, entering the data, and he's like, you qualify for a $20,000 line of credit card, a business credit card. I said, yeah, you know what? Let's do it. He said, there's no credit polls. There's no it. I'm like, yeah, let's do that. Then he goes a little bit further. They're saying that you qualify for up to $100,000 line of credit. Would you like to do that? Yes. Yes, I do. Next thing you know, $50,000 they approved.

That's awesome.

That day that they pulled the credit, they use Experian. My Experian credit score that day was 848. There it is. It was, like, perfect.

The reason why the credit score is important is after the approval, he got a 50 instead of a 30 or a 20 or a $10,000 approval. Are we understanding this? And he got a total of $70,000. He walked in to open his business checking account. Open. And he gave them access to his borrower data, and he came out first day with a checking account, a credit card, and a credit line. $70,000. $70,000. So every lender has a minimum, and there's a way to vet that. I will teach you how to find out what that minimum score is for every single lender, because there's certain departments you got to call and certain people you got to talk to. But I will show you exactly how to do it for every bank you want this with. So this works for real estate investors. No. Buyers, entrepreneurs. Whether you have good credit, bad credit, it doesn't matter how much access you have to all of this unavailable, previously unavailable money. Now, some people are like, I've got time to do a course. If somebody. All right, so let's stop right here. I want you guys to type, and I want you to be conservative, but I want you to be truthful with your skill set. Everybody has a different skill set. Let's say you only got one line of credit for 100 grand. Just one, not two, three, four, $100,000, credit line, write a check, do a deal, pay it off, Write a check, do a deal, pay it off over a renewable resource of $100,000. What could you do in one year? Tell me what you could do in one year with 100,000. Type it out, I want to see numbers. What could you turn that for if you just had one? Anybody put it out there? 250,000. So we got two and a half times. Alexis says I can double that. I can make 100 grand off of 100 grand. Charlotte says 250. Anybody else? Come on. I know you guys. I don't care if it's $10,000 and you're conservative, I want you to tell me at least 150. Hakeem. All right, 500k5x on that money, you guys. So the question is, let's just pick double. Some of you pick double. If I said I would pay you $100,000 to go from start to finish of this course, how many of you do it? I don't believe in the time BS anyway. If I paid you $100,000 to finish this course, would you do it? Tell me, would you complete the course, not pay for any? I'm saying start it and finish it. Yes, we would. Of course we would. So I just want you to remember as we go through this, it's not about time. It's about the greatest financial education of your lifetime. Because ask God how many times he's leveraged this knowledge to turn into more deals or more profitable deals. Right? Yeah, Charlotte already be done before the course was over. So the master course, this system. 3000, 994. But the thing is, you're not just going to get the course. I'm giving you advanced entity secrets I already shared with you earlier. How the business codes, how would you like all the codes? How would you like to know which codes to use for your business? Anybody like to know which codes they would like to use for you? The exact codes that lenders fund? Anybody like the codes, right? Anybody? Well, I guess anybody. The codes that lenders lend to RJ says yes. All right, we're on it. Establish the best business funding entity for the highest approval amount. Why get a 50,000 or $100,000 approval when you can get a 10? I said that right because I'm being facetious. Stop with these low value approvals, you guys. We need higher amounts. Higher amounts. So determine how to align your current business to fit the bullseye. That's why I was saying earlier, don't go start a new company. Learn what you need to do because you can either get a new company or you can modify a current company to become fundable and then how to easily, easily implement steps to make that entity fundable. That 997 for these entity secrets, it's literally how to make a container to dump money into that lenders love lending to. So between the business funding system and those entity secrets, that's $4,991. But remember how I said your personal borrower behaviors get you the approval. So I'm also including the Personal Fundability Fitness program. Think of this as the fitbit of your financial life. Imagine being able to track the exact borrower behaviors and how to optimize them. I'm literally going to help you identify the borrower behaviors that are causing you to get denied and how to build a bulletproof financial reputation. Now what's included is a fundability index. It's the financial Fitbit. And you will see how you stack up against lender guidelines. Right now, before the end of the night, you could literally fill out the fundability index and get your fundability grade and know exactly what you need to do in order to start raising that score. Right. Besides, you get access to the secret FICO scores that lenders use. How would you like all 31 credit scores that lenders use and the exact times they use them? All of that is in this personal Fundability Fitness program. Crazy reduced price of 997. Right? So all of that adding the personal Fundability Fitness program, $8,985. But I'm going to give you the financing secret. So you fund a business, but you finance your life, you finance houses, you finance cars, you find Winnebagos, motorcycles, right? So ask Scott. I will show you in this section, every single time you finance at a dealership, how to save 5 to $9,000 on the financing of that automobile every single time for the rest of your life. Find out exactly, find out exactly how to save five plus thousand dollars on every single time you go get financing. How to get ahead of the payment slope. These financing secrets we when you get a Winnebago, you get an automobile. Do you get a house? If you are ahead of the payment slope, this isn't reducing your balance. This is getting ahead of the payment slope so that you look highly fundable and lenders are eager to lend to you. Right? And I'm going to give you the exact tool that the tools we use to show you how ready you are in your financial secrets. Again, $1,000 or $997 for almost 10 grand now. But here is the nitrous to the 10 second car. You've seen all the racing movies, right, where they're. And then they hit that nitrous switch and it just blows them through the finish line. We call it the Business Fundability Accelerator. My goal has always been make it simple, elegant and effortless. I'm committed to being the Apple company, the Apple of finance, personal and business finance, right? So this fundability Accelerator shows you how to implement what we call the million dollar funding formula. How to get these automatic limit increases for any credit card or credit line. How to literally trigger. How to flip a switch on the lender software. Remember I said if you know what the lender needs you to be on their software and you do it, you get approved, Right? Remember that? So how to get those higher approvals? The techniques of a highly fundable entity, how to pass underwriting and implement borrower behavior, et cetera, et cetera, et cetera. So I want hands or yeses. How many of you don't even apply anymore because you think you're going to get denied? How many of you just stop applying? Anybody where you're just like, you know what? Screw it. I never get the yes or my yeses are all $2,000 for $5,000. You can't flip a property on a credit card for $2,000. You can't buy a note for two grand. Unless you learn some new magic thing from Scott. He's always coming up with amazing new tech. Here's the thing, when you have the Fundability Accelerator, it takes the steps, step by step by step with little tutorials. If it doesn't make sense, there's a tutorial of exactly how to do it. And to get approved for the best loans and lines of credit, I had to build this simple way. And lenders love to get money. So your problem is solved and you save time and money. I'm literally cramming 30 years of expertise into this body of work that's worth $9,173, bringing the total to 19 grand. 19 grand. Here's the thing. I feel like I'm doing Ginsu knives here. But now we're going into a down cycle, what I call the drawback period. One of the things that we are looking for is if we do a drawback period, think of a slingshot, and that slingshot comes back. It gives the impression you're going backwards, but it is not true. You're creating dynamic tension because your ability to take advantage of these properties, these notes, etc. When you pull it back a little bit, does it just flop 6 inch? If you pull it back, since you flop over six inches, no, six inches are going to give you 16ft of velocity. So this survival bonus is vital for preparing you to get in there. That slingshot effect is crazy. Some of you may end up, God forbid, but some of you may end up in financially stressful times. And there's, there are soft landing strategies so that you don't ruin your entire financial life if you have to go late on a credit card or something. How to protect yourself. And one of the most powerful things you guys is literally knowing, knowing what it takes to prioritize your assets so you don't harm yourselves for the rest of your life. I can't tell you how many people came out of 2008, they preserve their credit and gave up all of their hundreds of thousands of dollars in long term savings because they thought their credit was more important. There's a worksheet. You're going to literally find out how to liquidate your assets and leverage those assets if you had to. This alone is worth the entire price of the course. And I give you all the tools to assess your personal life and your business life. This is crazy, crazy stuff. You will not find this anywhere else, you guys. It doesn't exist anywhere else because nobody teaches fundability and its impact worth every penny of $27,000 and brings the entire total to 21 and change. So of course I'm not going to charge you $21,943. The question is, the only question that's valuable is, is if this helped you stop ruining your funding chances, is it worth 21,000? Anybody? If you stop stepping on those landmines, would it be worth it? The answer is hell yes. If you were just to learn the simple, simple steps of getting approved, those borrower behaviors and a fundable profile, would it be worth $21,000? Alexis says yes. RJ says of course it's worth 21,000. You guys already said that you could double 100 grand if it cost $21,943, you guys would be slaying it. It would be the greatest investment of your lives. What if it helped you get all the money you need to buy notes, Would it be worth 21 943? Hell yes. So if you were to get everything you needed, if you could get access to the hugest pool of money in the cheapest way that $21,000 is normally discounted, to 3,997. That's crazy worth it right everybody Crazy worth it now because you are at the masters learning at the master's fee for notes in this country. I have a special discount today as a favor to Scott because he has helped me in my business. He has helped me with with so many. He's a marketing genius and madly in love with his him and his skills and of course his darling wife. This comes to you for $497 guys. 497 and Scott already put down the link. Getfundablewcn.com here's the thing that's not enough for me. I'm giving you a 30 day money back guarantee. If you come to our community, we call it funding hackers and you start implementing what you have learned and you are not wildly impressed, I will give you your money back. So the question is is it worth gambling a few minutes of your time to go to getfundablewcn.com and get this, you guys already said you could at least double your money. Is it worth gambling? And if it only does half is it worth finding out over the course of the next 45 days? Now if this wasn't amazing enough already I asked myself what could I give you so it was impossible to fail? What could I give you that was impossible to fail? And what that is is special member only access Every single week I meet twice a week with my community. You get to join us on a zoom or on the private Facebook group Group. You get to ask questions about anything you have read, watched or trying to implement. 100% come and ask. It's included because it's 49 that 497 gives you access to the money game credit ebooks and I have over 400 hours of instructions specifically to different scenarios. Everything will be included there. Preparing or recovering from divorce. Preparing or recovering from financial failure. Preparing, recovering for bankruptcy. Preparing your children for credit. Everything you could possibly imagine I have included in this and that's worth 2700 and change by itself. Everything in this package is $23,686 and it's 497 plus 29amonth to join my community. That 2995amonth. Cancel at any time if I'm not blowing you away with crazy value then stop. Scott. Back to you. Questions, answers about how they just go to get fundable. WCN.com just read read the reviews. People just like you who are blown away and who are getting funded like mad. People just like Robert, just like Teresa all right, Trying to pay, but scared the deal is going to be better. Give me the bottom line. Take my money and let me get the skinny Mojito. Sharla, 497 plus 29amonth. Join my community and I will make you fundable. And you get to come twice a week to me. Oh, and for those of you who can't make those Tuesday meetings, you go ask your question in the Facebook group.

Group.

And sky, who is producing tonight for me, sky is the moderator. She reads your question. And then Sharla, I will look square in the camera because it's recorded to the Facebook group and I'll say, sharla, here's the answer to your question. Do this, do this, do this, do this. Come back Tuesday or ask another question and we'll keep this conversation going. I will answer your questions. My favorite part of the week is being with you guys, helping you through your fundability. RJ says he's in. Sharla, go get it, girl. It says take my money and let me go get a skinny mojito. No, get a fat mojito. Get a big ass mojito like that round and enjoy yourself.

I'll tell you this, that what we've learned from your last couple years has been worth a whole lot more than that. 21 9.97, I'll tell you that. And yeah, price point on that. And I mean just a great, great price out there. And honestly, guys, is one of the most valuable things. Look, we're all going to be in real estate. Maybe you're not buying nuts, maybe not doing fix and flips, but you will be a financial person.

Yes.

Over the next years, over the next.

Lifetime of your life.

And there's no greater educator, Morpheus, than the guy right here for you.

And yeah, thank you.

On our cars, on our houses, credit cards, all sorts of stuff like that. Just the one slide alone on the entity names is priceless.

That's worth 500 bucks just to know what not to. How to stay in the funding flow. You guys, that one slide alone, I gave it to you for free. Imagine what I'm going to give you if I can over deliver like that. I gave you all 150 borrower behaviors for free. You think this thing is not loaded to the gills to blow you away? I want you to succeed.

Yeah, he does. Totally does it.

Guys, Doug's apparently on the road. Don't order on the road. Doug, thank you. When you pull over, getfundablewcn.com get this thing, you guys. And it's gonna send you emails, you're gonna be able to download the fundability index. You're gonna literally stack yourself up and then bring your fundability index to Tuesday, Thursday meeting or tell us your score. We will start optimizing you right there. All of it, definitely.

And that's awesome. Any other questions for you guys out there? You will not regret this. In fact, that if you're on the fence there, look, 30 day money back. If it's not the best out there, hey, no questions asked on it. But it's so well worth it. And Melanie asked a question. How long does it take people on average to do what's needed and taught to be ready to start applying for credit with these tricks?

Meryl, first of all, thank you. I know what you're saying, Melanie, but let's make sure that we have what's going. These aren't tricks. These are the rules of the game. You just now you know what they are. You do the rule, follow the rules and your score goes up, your fundability goes up and your approval amounts go up. So just want to clarify number two is I don't know if your profile is riddled with a bunch of riddled with a bunch of retail cards or you have 35 $30,000 tier one cards. So I can't tell you. What I can tell you is that when you go through that fundability index, it will help you establish a timeline for you the software. Because you got to fill out the software. When you fill out the software, it gives you such a superb estimation of time to get there. Right? That's why I developed the software, because I need to know data. Oh, by the way, here's another freebie and you're instructed to go do this as part of your homework. But if you want the truth of all 31 FICO scores, you're going to go to my fico.com it's part of your homework inside of this course to go get. You can monitor it or you can buy one report and be done. But you need the data to put into the software. It's all there you guys, you just need the data. Can I use note in my corporate entity? Nope. Red flag, Charla. I'm telling you it'll blow you away. I can't wait to see you on Tuesday or Thursday. Come and join us. We will do this together. I've been doing this for 30 years. Do you think I'm going away next year? No, not a chance.

You're like the only non lender, non bank at FICO World, aren't you?

Yes, I am the only non lender at FICO World getting the intel to bring to you guys. Oh, I'm a double agent. And at this last FICO we had this mad intel. FICO upgraded their funding entity software. It's called SPSS. Small Business Scoring Service. They went to move from 6.0 to 7.0. They told us what the parameters are. We did this. Every single one of our clients and students. Massive pivot. So much easier. You'll learn it all in this course and and in our weekly meetings.

Always good stuff guys. Today, like Meryl said, getfundablewcn.com it's a special offering just for our students and so you should know we like to bring the best here. And as all of you know, if you been with me for a while, you know I don't bring on somebody unless I have worked with them or recommend them as a client myself or other students out there. And like I said, this is one of the two things that we believe should be required of everybody. They should be teaching this in high schools and colleges and have a finance degree. This should definitely be it. And I studied finance and didn't. I wasn't taught any of this stuff in college or anything even for my MBA and stuff like that. So if you want to get an MBA and in your.

Oh no dude, this is way more powerful than an mba, no joke. Do the course. Act like I'm paying you a hundred grand to go through the course. You so you don't just be like oh I've done three hours, blah blah blah. Finish the course. Once you finish that course, you tell me if you need to do an mba. That's a bold statement. You tell me. I will just show you the key to financing personal purchases and funding your business for the rest of your lives.

The truth. It's true. Why we bring you on every time buddy? Because it's changing world.

Absolutely. In the funding hackers Tuesday and Thursday meetings we stay caught up with exactly what's going on. I participate in FICO and all these different lender trades, all the bank trade rags. I know exactly where the direction is going. But I interpret it not as a lender, but for you, for me. As borrowers. Every week we do a news update about what's going on out there. So we know how to pivot and take advantage of every single opportunity out there.

Yeah. What Meryl said on there, you don't want to have any of those words in your title of your company note. You don't have that anywhere in your title.

Okay, Title or the business purpose. Correct. You're going to learn all that. It's going to blow you away. When you go through that section, you're going to be like that entity secrets. You're going to be like, where have you been all my life, Meryl Chandler. Where to Buddha? Yeah.

So you recommend keeping the entity or doing a name change with the Secretary of State once? Yes. We got a name.

Yep. So watch it. First, don't do anything until you get through the course because you're going to learn so many things and then you'll be able to ask better questions in the funding hackers and we'll dial it into your specific situation.

So true. Watch it, Learn it, regurgitate it. Trust me, get through it. You'll be blown away. Personal and business side of things. You're like, and you know we had you on the beginning of the year. There's like 300 false myths out there. People think one thing. If you're taking action, myths. What? You're only hurting yourself and that's not.

Even including your access. And we're over 500 myths now that we're doing all of our social content. You're going to be able to subscribe to get fundable Instagram and soon we'll be on TikTok. You're going to be getting all these myths. It's crazy what's going on out there. Learn to fly. I'm your Morpheus.

There you go. Meryl. Thank you so much buddy for coming here on the virtual note buying workshop as always, buddy, and over delivering and just amazing offerings for folks out there.

Thank you guys. You be well. I can't wait to see you on Tuesday.

That's right, baby. See you Tuesday in the group.

Sam.