The Five Step System for Fundability with Merrill Chandler

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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.

Hey, good morning, good afternoon, good evening. Welcome to this episode of the no Closure show. This is a special episode that I believe everybody in their dog, friends, neighbors, family members to be friends, business colleagues. This is one of the required classes, required special episodes that everybody should watch. If you want to have an episode that has a six figure improvement into your bottom line, financially, credit wise, fundability wise, then this is the episode that you want. If you're looking to get your lines of credit for your business entities to so you can go buy more notes, buy more real estate or lend more money on private lean side or you want to save more money when it comes to buying a house, buying a car, negotiating things that you put on credit, then this is the episode for you. So we are honored to have our good buddy Meryl Chandler from getfundable.com join us here today. Meryl is the messiah, the neo, the guy that can walk on water when it comes to helping you the credit and get your business and personal credit. No, this is not, we'll help talk about credit repair. No, we're not going to talk about going out and getting a Dun and Bradstreet number. We're going to talk about specific things because you guys have to realize there's over 300 credit myths out there that are falsehoods when it comes to buying funding, getting credit in 2025. There's a lot of people out there talk about things that are not truthful anymore. And the one, the only, the only guy that I know who goes above and beyond is our next guest here, Meryl Chandler. So he's a good buddy. We've known each other for I don't know, 15 years now and just honored to have him on here. What's going on, Meryl? How you doing today?

I am so excited to be here. Scott. Thank you so much for, for having me again and the, the vital, the timeliness of us meeting. Because there is so much going on regularly among lenders, FICO shifts in policy that we need to stay up to, to date right there. The lenders are evolving. FICO is evolving. If we don't evolve, we're left behind. And that's what today is all about.

Amen to that. Amen to that. Definitely. Because every, like I said, I've learned so much from over the years. It saved me when I bought vehicles. It saved us when we got our house refinance. It saved us when we got business lines of credit, when we got our credit card limits increase. It's just been a huge asset, not only just to me, but I know you. I know you've helped people put together, you know, hundreds of thousands, not seven figures in business funding credit that they can use for a variety of different reasons. That's just phenomenal out there. So I'm going to shut up. I'm going to let you get rocking and rolling. I know you've got a presentation. We don't want to take, you know, four hours of people's lives just talk about how amazing you are. Let's just go ahead and show them how freaking awesome you are. All right. Awesome New F word, you know, fundable.

Fundable. All right, so thank you again. Amazing opportunity to be here. And I'm going to, I'm going to share my screen and we're going to get to this because. And there it is. And here it is. All right. So everybody can see the big welcome. Yes you can. Good welcome, you guys. I'm glad to have you here. This the intention today is to discuss the five steps of the funding approval path, period. Simple, elegant. And we're, and this is not hard, it's just we need to know how the rules work. Think of it as a game of Tetris. A little bit of practice, a little bit of clarity and you can master the game of Tetris. Right. That's all we're going to be discussing in lenders underwriting criteria is the approval guidelines. We're going to make it simple so that we can all understand and there are areas in which we get stuck. We're going to discuss every one of those areas and what to do about it. So first of all, are you a real estate investor but you don't have access to the cheapest money out there? Right. Are you stuck because you don't know how to get the lowest cost funds or you don't believe you'll qualify because you've either been denied before or you don't have the documentation you believe need to be successful and get the approval? Right. Well, here's. You are not alone. Our community of thousands of people have just sat in the very chairs that you're sitting in now. Some were worried, some were annoyed, some stressed, some even pissed off. Because they didn't have the money that would help them grow their real estate, grow their businesses right now? Not only just grow their businesses, but is it too much to ask for better credit card limit increases, best car loan and rates possible, even the ability to afford a better home on lower costs? Right. Like you, everyone in my community wanted to get the credit, the financing and the funding that would propel their lives forward. So do you want me to help you get these personal business credit, financing and funding approvals just like I did for them and without spending tons of time and money and effort? All of this so you can get financially unstuck and move to the next level of funding opportunities? What if I could say that many of you name, maybe most of you could get this done in the next 120 days? Would you want me to help you do that? All right, here's why. Formulas equal success, especially success. So let me tell you a little bit about me and how I got unstuck. I sat in the very chairs you're sitting in, frustrated by the very things, the lack of capital, right? So I'm going to share what I'm sharing with you today. I've personally acquired $2.462 million in business credit financing and funding. And using this exact process that I'm going to be sharing with you, and I've helped my community get over 300 million in approvals. 300 million in these very financing, funding and credit approvals. Now, you might be asking yourself, how is it possible? How could we be in 2025 and you didn't know all of this already? Well, I'll tell you how I did it. And I'm going to reveal you the very details in just a minute. But first, let me ask you a question, very important question. Have you ever met an underwriter in the wild? Yeah, those mythical creatures, right? Like leprechauns with their pot of gold. The pot of cold is a funding approval. What if you could sit down with an underwriter who would tell you exactly what to do to get approvals for multiple unsecured stated income business lines of credit, $100,000 business lines of credit. If you had that chance to sit down with them, would you? Well, I actually got to do just that. So there I was, I met a business conference, sitting at dinner after a day of trainings, right? A gentleman comes up and sits at our table and he was listening to those of us who were already there talk about our day, what we, what we did for business, etc. He joined the conversation and introduced himself as Will Lansing, the CEO of fico. Now, you may think of FICO as your three digit score, just like I did, right? FICO credit score. But that is the least of it. FICO software is used in over 90% of every single lending decision, both personal and business. Their software is what lenders use to approve you. The score is separate, making sense. Their software drives the approval process. So there I am sitting with the man and he says, my clients are lenders and I'm very interested in anything that would make more credit worthy borrowers for my clients. Right now I'm sitting here going, pick me, pick me. He asked. The first thing he said was, are you credit repair? Right? I come to find out FICO hates credit repair. So I told him that we optimized borrower profiles, both personal and business, that we were not credit repair. And then he says, well, if you're interested, I could arrange for you to meet with our credit score development team. It's both the personal credit and the business credit scores. So you can ask them any question you want. I can't guarantee you they'll be able to answer without kind of giving away the secret sauce, but I'll let you ask any question you wish. Now I'm kicking my partner under the table because this is insane, you guys. This is the most, and to this day, this is the most powerful personal business interaction of my professional life. It was going to be an awesome opportunity for my community of borrowers to get validated what we've been doing for years, right? And so soon thereafter, we met with the personal, business and lender development teams. If you look in this, in the graphic that you see there, Dave was with sbss. That's his business scoring. Joanne was the lender underwriting liaison. She's the woman who marries the lender, the chases and the Wells and the PNCs with FICO software for underwriting purposes. The NDA Police was there to make sure that they didn't give away the secret sauce. Julie and Janice were the personal business team on the personal credit score development team. And on the far left, in a separate meeting, the chief scientist, Ethan Dornhelm, who I'll be quoting here in a little while. This was insane, you guys. In short, we were able to sit down and ask over 100 questions to validate some of our credit assumptions. Now they totally, they totally made fun of a few things and they validated amazing amounts of our tech, right? What we learned and confirmed in those meetings became the foundation of what we're talking about tonight. Now, I've been collaborating with them for over six, for eight years and been working specifically with individuals there for six of those eight years. Now. Why is this important? Well, I'm the only borrower representative with this kind of access and that means my community, which includes you, now have access to this inside intel on how to get approved. That very question I asked, would you sit down with an underwriter and ask what do I need to get approved? We did. And that's what we're talking about tonight. All right, so I'll let one of the FICO team members speak for themselves. This is Glenn. And Glenn said Meryl Chandler knows more about how to use the FICO score than most FICO employees do. I got, that's a, that's a flex, but I'm going to take it. FICO provides analytics and creates a score. But Merrill shows borrowers and business owners how to apply the FICO metrics in their financial lives. Merrill's approach is far distinctive and far more impactful than the myriad of credit and funding services and personal financial websites. Guys, I just met with him 10 days ago on our most recent collaboration on how to work small business owners, chambers of commerce, etc. Right now that's not all. Will Lansing assigned us a FICO liaison, David Smith. And this if take a look at what's in yellow there. 20 years of experience assisting banks and financial institutions improve their originations processes. That's his job. He's the key account partner and the small business segment leader. I'm telling you that you can trust this. Not because I'm telling you but because this training comes from the credit approval source. It is not from me but I've been honored to now call a David Smith, my friend. He, me and my community. We meet every Tuesday on our credit solutions Q and A calls free to you to join and he will attend regularly. And we tell people how to protect their credit so that they don't step on the funding landmines that are going to ruin them in the future. And they didn't even know about it. It's free to join but he attends and he coaches my community straight from fico. But it's not just about me. Senior FICO Director of Integrated Learning Teresa Henry even trained my partner and my who is over my advisor team and trained my advisor team to be better fundability advisors. Come on you guys. You have to admit this is amazing. We didn't just attend some conference and take some pictures with important industry people. Since FICO is not a borrower education company. They have empowered us to train personal and business borrowers to get approved. Period. And as a result, not only does everybody win, but you win. And it's just, but it's not just about theories and ideas. We have reviews from our awesome community that literally tells you where you sit right now. More and more and more testimonials of the proof that this succeeds. Now that's all fine and dandy, right? Are you ready to take this to the next level and learn how to make it work for you? By the end of this training, you will know for yourself what it takes to get approved at the lowest cost, most versatile business credit lines. And my promise to you in this training is that like everyone in my community before you, you will learn the simple steps to get from where you are to getting approved for personal and business credit, financing and funding that's going to help you reach your financial goals. So we took everything that we learned from fico, all their high tech risk management, tech speak, and we, and we were, and we created what we call the five step funding approval path. Simple, clear, accurate. And the funding approval formula is just that, clear. It's simple and easy way to get impossibly wicked cheap personal and business credit financing approvals. Regardless of the obstacles you believe are in your way. I'm going to, I tell you right now, some of it is just misrepresentation and you have been led to believe something is true when it's not. And learning it will be to your benefit. Those obstacles do not have to be in your way and we can get rid of the uncertainty, stress and anxiety that comes with credit. You fill out an application, we're all like, we're all pins and needles wondering our approval rate. You'll hear this from David Smith. Our approval rate is 93% first time out of the gate, first funding banks, 93% approval rate. And this is so you don't have to spend time, money or already have credit. So only one thing makes all of this possible. Whatever your financial goal is, you have to have an approval ready borrower profile. That's what you have to have. And this one thing that you see on your screen right now makes it possible. The problem is that our financial world is based on credit. So without it, you are stuck without the ability to improve your quality of life, especially as fast as you would like to improve it. Without it, you're stuck without the stability and comfort that we all crave for us and our loved ones. And if lenders don't trust you, you can't get the resources that are going to improve the lives of the ones you love, right? And you're not going to get them into the schools you want, the vacations, the quality of life, the new home, the automobiles, the, the opportunities to have a high quality of life. Because all of the big ticket it require credit. And you can, you can have the highest, the highest credit approvals with the lowest possible costs of interest and fees, right? So there are five obstacles that keep you stuck. And every single borrower I've ever met is stuck in one of these. So we're going to go through all five of them so you can see kind of where you are and what to do about it. If you overcome any one or all of these obstacles that are in your way, you have exactly what it takes to get what you want. So obstacle number one, you have a bad credit profile. You got late, late pays, delinquencies, charge offs, collections, liens, judgments, bankruptcies. You got something on your profile that went delinquent and that sends a message to future lenders that you are not, you are not ready for more opportunities, right? So that's obstacle number one. Some of you have good credit, right? I mean, no delinquencies, but you have consumer borrower behaviors, high balances, too many inquiries, low quality accounts, you're too young of a credit profile, right? So and, and low value accounts, right? So these. So even though you might have good credit, quote unquote, you don't have optimized credit. You're not using the borrower behaviors the way that you need. So here's, here's what I'm going to go off. I'm going to go off book here for a second, you guys, because this is really important. So bottom line is let's, let's walk through this process. Number one, your credit score has never, ever, ever, ever gotten you approved for anything ever. That is the single largest myth that is promulgated throughout the entire financial marketplace. Your score has never gotten you. Let's, let's go through exactly what has gotten you approved. Okay, so we're going to go here and so we're going to draw a line, a red line right down here, okay? And this line, let's make sure you can see it. Perfect. This line is what we call a denial threshold. And I'm going to stop my share just for a second so the, so that they can get a really good.

Awesome.

A really good thing on this. Let's go to. Boom. Okay, so, so we're gonna start right here. Denial threshold that me. And let's call it 720. It's not always 720, you guys. It's not always 720, but let's just call it 720 right now. That means any score below that line, you don't get credit offers in the mail for a particular bank that uses 720 as their denial threshold. You don't get invited. You don't get any marketing. If your score for that credit bureau that they're using, because you might have a bureau that's higher and a bureau that's lower score. There's three of them. Whatever score they're using, let's call it Experian. If your experience score is under that line, you don't. You. You're not even invited into the Coliseum. Not even invited. Okay? After. But let's say you're above. I don't care if you're 721 or 821. If you're above, then all of a sudden, this is the inhabitants of borrower behaviors. There are 40 of them. Times the preceding 24 months, you guys, that is underwriting your score is not underwriting whatever your score. After you get past that, then that's when they throw you into that FICO evaluation software, the FICO approval software, to see they're going to measure all 40 borrower behaviors over the preceding 24 months. This is what gets you approved, not your score. So let's say, boom, we got approved, right? Then. Then, and only then does do they bring in the FICO score again. And whether you have a 721 or an 821, this is what determines how much money you get. 2000-200002-00000. Your score is only used after you're approved. Are we getting this? You guys? Are we. We get this.

This is why folks that have paid cash for everything, that have great credit scores don't get approved for things in a timely fashion. Or.

There'S no borrower behaviors to measure with multiple revolving accounts, credit cards, multiple installment loans, home loans or auto loans or student loans, everybody thinks, oh, yeah, I got a 720, I'm going to get approved. No, that just gets you in the game. You might be sitting on the bench in the credit game, the funding game. We measure these, you either get denied or approved, and then the score kicks in, and it's called a risk score. FICO is a risk score. What are. What are they risking? The dollars, you guys. They're risking how much money to give you after you're approved. All right. So I just had to go off book there, Scott, because that is the number one most horrible, horrible thing and it gives a context for obstacle. Let's go back to obstacle two. I'm going to share my screen again. Okay, share three. So obstacle two now makes sense. If you have consumer borrower behaviors, you don't have bad credit, you don't have delinquencies or collections, but you are not a trustworthy borrower because of your high balances. Too many inquiries, all the things, right? Too many department stores, blah, blah, blah. So that's where so many people who have good credit, no delinquencies still are unfundable because they're measuring your 40 borrower behaviors over the preceding 24 months. And they're throwing, and they're throwing out your, your application. The obstacle number three, your business data and identity are confusing. So banks don't trust if they don't know exactly who you are. You're too risky. And so we're going to address how to, how to fix that. But if you're, there are 21 fact checking databases, you guys, when you hit a submit button on business, on business, credit lines, credit cards, there are 21 fact checking databases. All those data points have to be in alignment. It's simple, it's easy to fix. It's just meticulous. It's very detailed. Now obstacle number four. Some people have a great business. Very few, but some people have a great business. But your banking partnerships have been established, but you don't have a relationship with influential bankers, right? No banking partnerships. What do I mean by a partnership? Well, let's break this down. You can either be, you can either be a partner or you can be prey to the banks. How do you know what you are? How do you know if you're a partner or how do you know if you're prey? Prey is high interest rates and low approvals. When I say low approvals, I'm talking anything from here to 20,000, $30,000. Those are low approvals. And you're at 20, 26% interest. A partner is prime, plus 1% and 5,200, 250,000 in approvals. Okay? That's when you know you're a partner. So we, the, the obstacle is not having a relationship where they know you as a partner and completely, completely addressable. All right, and then obstacle number five, haphazard use of bank account balances and deposits. Lenders track how valuable you are by how much money you have in the bank. In one account, I have clients come to Me and they're like, I don't know why I can't get a dime from this bank that I've been at 4 forever. And then I look at their, the schematic of how they're doing their banking and they've got five bank accounts. All of them have a Midland amount of traffic. But that you're not triggering the, what's called the baseline balance or the traffic metrics. Traffic is deposits in deposit, deposits in and at money out. Deposits in money out. Baseline balances. What is the amount that your balance never goes below when you don't have those right things? Lenders don't care about you, don't care about you one bit. Those are the five obstacles. Fortunately, the funding approval path is the perfect solution. It's the best, fastest and cheapest way we've discovered to get approved for high value credit cards from top tier banks with bonus points that you've never even heard of because you're a highly desirable borrower. Auto loans, I can show you, I've even, I even have examples. I can show you people who have saved $8,000 on the financing of one automobile because of the way they, they use their credit intelligently. Home loans get the best possible rates, the best terms and the fewest closing costs. Business credit cards. You want to leverage the business credit cards because how many of the listeners we have here, how many of you are using your personal cards to, to, to, to, to rehab, to, to spend money on business, but you're using your personal cards and as a result those balances go up and your fundability and your reputation goes down. We want to split, put business on business cards and let those business cards not be reported to your personal. Here's another freebie for you again, a bait and switch. Capital One, one of the biggest credit card marketers out there, they market the, the, the, the Capital One Spark card as a business credit card. But every month the balances report to your personal profile. So you think you're being a good businessman, a good businesswoman and you're using your, your Spark card. Same with Discover it, by the way, stay away from the Discover it card reports to your personal. And so you think you're being a good business person and you're charging it up holding balances and it's crushing the soul of your personal profile. And your personal profile is the engine for all of your business. A business credit, 100% of it. And so business credit cards are vital to this process. And then of course, who doesn't want multiple $100,000 business lines of credit prime plus 1% unsecured stated income. No doc, that's what you get when you are a partner with these banks, right? And then finally, real estate rentals, property loans, being able to, to finance a tranche of notes, anything that you can, can that you want funding for. A bank is going to vet you to see if you are a credible or fundable borrower. And if you don't have all those boxes checked, they're going to turn you away at the door. All right. Now I'm going to reveal the details to you in a minute, but first you should understand why this works so well. So let's, let's break it down. The funding approval formula, five step process and let's take a look. First of all, we're going to minimize the negative effects of, of bad credit, right? We're going to minimize the negative effects. Number two, we're going to align your borrower behaviors with the lender approval guidelines that's being given to us by fico. Third, we're going to optimize your business data and identity so it checks off all those boxes when it comes to filing an application so that you get approved because your business data is dependable, it's trustworthy and they can lend to exactly who they, they know exactly who they're lending to. Then we want to establish profitable banking partnerships and then finally unlock the approvals using the lender balance and deposit formulas. Those are the five. That's the five step process again. Simple, easy, just meticulous. Once you're there, credit financing and funding approvals are ready for you. So now you see why the five step funding approval path is the best way to get the credit, financing and funding that you want. And let me show you how people just like you got the same approvals that you will get and many of them within 120 days. All right, so let's take a look. Robert, super successful fix and flip investor. But Robert was stuck because of his credit, right? The quality of his credit prevented him from getting the credit lines and loans. So he had to keep using hard money, using private money to fund his deals. He was spending, no joke, over $80,000 per year in hard money points and interest. And he didn't know how to use big, big investor didn't know how to use that hard money going through his accounts to trigger positive approvals for his, for his credit lines. Now maybe you know someone like this, someone who's using hard money because they don't know how to fix their problems. Right. Well, when he saw a presentation just like this, he was curious on how to prove the situation. So he says, Meryl, I, I haven't got a lot of time. Does that sound familiar? I've got a lot of time. But we put him through all five steps, minimized the negative effects of his credit profile, align the 40 borrower behaviors with the lender guidelines. We optimized all of his business data and identity with the fact checking. 21 fact checking databases. We established the profitable bank partnerships with proven $100,000 credit lines. Some of you guys are going to banks. You've been in relationships with banks that will never ever, ever give you a credit line and you don't even know it and you just open it up. Because for whatever reason. So we're going to, we just helped him pick the right, what we call funding banks that have access to these hundred thousand dollar credit lines. We unlock the approvals using the lender balance and deposit formulas. Now this is what he has to say in his own words. Hang on just a second. I forgot in the share. We're going to do this again in, in the share. I need to share the audio. There we go. Here we go. And share the screen number three.

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, you know, confirmation that they had approved the lines of credit for both of them.

Four months later, I 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 way, no inquiry.

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.

Okay. The, the thing we need to understand here, you guys, is that credit lines, he got up front, he got $50,000 of $100,000 approval. The line is 100,000. But lenders, as depending on how long you have been building a relationship with them. Lenders treat credit lines like they do construction loans. They, you know, they give you a certain disbursement. You go put up the foundation and the, the framing as they want to make sure you're not going off to Vegas and putting it all on red. Right? So that is how. And then slowly charge it up, pay it off, charge it up, pay it off. You get, you get access to all $100,000. So just remember that I'm always talking about $100,000 lines and then there's an upfront. So after implementing the five steps, just quick review, score went up 150 points within six months. $100,000 business line of credit, 50 up front. The same day, a second bank, $100,000 50 up front. And four months later, a third bank, a $20,000 business card and another hundred thousand dollars, 50 upfront, for a total of $150,000 right now and another 150 that he would be being able to have additional disbursements over the next, the course of the next six to 12 months. Plus we reduce his fix and flip costs over $20,000 per year. I'm not saying don't use hard money or private money. I'm saying have a, have a stash of cash that you can use that is the cheapest money possible and build so you can backfill with, with these credit lines and cutting edge. If you're continuing to grow, use hard money. But I'm saying the cheapest money out there comes with no docs and no and no security. It required no taxes, no financials, no income verification, no inquiry because of the. When they pull up the information, what that report says, what his credit profile says didn't require an inquiry. You guys. It is, it's true. All right. Now, Teresa was stuck because her borrower behaviors were, were out of sync with lender approval guidelines. She was commingling funds by using her personal credit cards for business expenses. Just like I shared a moment ago, her personal credit showed high utilization because of her business balances and she didn't know how lenders were evaluating her credit. Her applications were for every credit line. She had done four credit line applications over the previous three years. Every one of them got denied. And she was discouraged because her cash flow couldn't Cover her growth. She needed these lines to be able to continue to grow her business. Well, we put her through those five steps. Don't need to repeat them. We put them through all five steps. Just, it just, it's a formula, you guys. And here's what she said.

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 unsubscribe 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, you're credited. 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. So $500,000.

You guys. $500,000 in her first approval. She is a note investor and that asset was a tranche of notes. She took down that million dollar asset to fortify her retirement plans. No taxes, no financial. She brought financials just in case, but they didn't need it. And where she, where she misspoke is, it wasn't her credit score that was fine. It was, her profile was so dialed in, she was bulletproof. And we built that bulletproof profile with her just like we would do with you. So $500,000 within six months. And she got all 500 upfront. No taxes, no financials, no income verification, etc. So next, Aisha and Derek were stuck because their business data was literally all over the map. This is crazy. She was in the armed forces in, stationed in Delaware, he was in North Carolina. Their real estate business was in Atlanta, and their funding entity was in Wyoming and was a restricted business. They had funds scattered between three different states, four different banks, and they repeatedly denied business, even credit cards they were denied and didn't know why. And so they were both stuck in their W2 jobs because they couldn't get any traction Know anybody that could leave W2 if they could get traction and get some resources to invest? Well, we put them through the five steps. Same five steps. Put them through the five steps and after implementing within 180 days they were approved for a $580,000 unsecured real estate business credit line. 30 days later the second target bank approved $200,000 unsecured bank credit card credit line combo. No taxes, no financials, no income verification, no docs. And both of them shortly thereafter were able to leave their W2 jobs to start leveraging their funds full time. Right now Jason was stuck because his banking relationships kept him off his funding approval list. None of his credit cards were with his business bank. He carried business balances like Teresa on his personal credit card he had low value consumer credit profile. He was, he was a guy who wanted to save you know, 20 bucks. So he had sign up for a department store card to shave off a few bucks right. So his he had a ton of consumer credit consumer credit on his profile which downgrades your the viability makes you a consumer instead of a strategic borrower. His operating account kept going below zero because of his how he was doing his cash flow management. Tons of business. Hundreds of thousands of dollars each quarter in business but because of the way he managed it, it was going below zero. Bad juju when to to your hosting bank. His credit score was over 800 and his business revenues were awesome. But he was still getting denied put him through those that five step process. Amazing results. After implementing those five steps within 90 days he was approved for $100,000 unsecured credit line and got all 100k up front. 60 days later that same credit line was increased to 300k. That's a 300% increase. One hundred and eighty days later the credit line was increased to 450 same one second Target bank approved 150 commercial property credit line. So he had a commercial property and gave him another credit line and a third bank approved $2.5 million retreat lodge on on 624 acres. Here's what's crazy you guys. Well it's not crazy when you play the game right. No taxes, no financials, no income verification, no inquiries and no doc because your financial reputation will speak for itself. He built a $500,000 production studio and his business doubled within 12 months. He actually owned optimizes other medical practices. Doctors come in, he trains them on his system and sends them out into the world. Straight genius. Another. Another client who I call a dear dear friend Now Michael was stuck because he was carrying too much debt. On his personal profile he had eight Fannie Freddie loans. Yes, you're allowed 10, but guess what? Even eight was crushing his personal profile. His score was in the mid-600s and the use of his balances and deposits weren't triggering any interest on the bank. The bank didn't care about him because of the way he was. He, the cash was going through his accounts. All of his businesses had restricted business codes and no one reached out to him for any kind of credit products because he was untouchable. Five step process, you guys getting this five step process ran him through it and after he implemented it, the first target funding bank approved a $500,000 unsecured pledge credit line. Six months later they increased increased that credit line to a thousand to a million. And 12 months later increased it to 2 million. Same credit line. He just proved that he knew how to use that credit line. And just like I said about the getting the 50 of the 100. Well when he got the 500 he used the credit line according to our formula and they literally doubled it. And then they literally doubled it again. Guys, no taxes, no financials, no income verification and no doc. He's the only client to exceed my 2.462 million. He's got 303,600,000 in credit lines. Who. Amazing, right?

Craziness.

Here's what's awesome you guys, this process works. For anyone who implements the five steps. The timetable may vary based on what you have to do, but it works. I have clients who literally have 800 plus credit scores and that are fundable, have been approved and they still have derogatory accounts on their profile. When you operate from the idea of borrower behaviors, there are 30 borrower behaviors to counteract negative credit without removing a single negative account. I guess this would be a great time. I know of which I speak. Why? Because I co founded Lexington Credit Repair law firm, the largest credit repair law firm in the world in 1992 I co founded and found out that you can't. Within a few years I found out you cannot repair your way to fundability, to getting approved. And so that started me on my journey which I am now leading the charge to make sure that you have the tools, the strategies to get the credit approved, that you have the credit approvals that are going to move your the needle of your life. So some people want to have high value credit cards, low cost financing, all the consumer big ticket purchases. They want the best deals possible. You get that this process works to deliver that some people are unfundable. They might have a brand new profile. You might be wanting to get your teenagers up to fundable status. This process works to build their financial credibility. Right? If you're recovering from financial devastation, we can rebuild a profile based on FICO principles, FICO funding approval principles and best of all, when you implement the business strategies, it all already includes all those personal strategies. This works for new real estate investors, experienced investors that's using any of the of the real estate strategies. No buyers, multifamily fixed flip, buy and hold wholesalers. Starting a business without needing credit card stacking you guys and expanding and capitalizing your business. So bottom line is it works for anyone who does the five steps recap. I shared examples of five people just like you and their results. I could share literally dozens and dozens and dozens more. Over 150 that together we have built 300 million in credit, financing and funding approvals. All you need minimize the effects of negative credit profile. It is never too late. Align your borrower behaviors with lender approval guidelines. Optimize your business data and identity. Establish profitable banking relationships, the right ones at banks that will give you 100 grand and unlock the approvals using lender balance and deposit formulas. So if you're stuck because you don't know how to get the lowest cost credit or you don't believe you'll qualify and you want me to help you get those personal and business credit financing and funding approvals without spending a ton of time, money and effort. If this sounds interesting to you, I have trainings and software between 97 bucks and 997 and I have group coaching of of 5 grand, 10 grand and 25 grand depending on the speed, your qualifications and how big you want to play. So the only thing you have to do is schedule a discovery call with me. I will be doing it personally and so take a screen there schedule with Merrill.com or take a shot with your camera and then select your contact. All you have to do is click on Scott Carson and you are ready to go. That's it.

Awesome. Great stuff. Very easy. Guys, I highly encourage you to pick up the phone, schedule a call with Meryl there because he will definitely take the time to walk you through what you need, what you don't need, how to really help you build that journey, build that path, get through those five steps to fundability out there. Meryl, what's the if somebody's motivated, they're following through all your things. What, where, where do you start seeing Changes the most out of that five. Is it the cleaning up the, the different addresses and name changes. I know that was a surprise for me when I saw that, that we had, I had like 35 different addresses.

Truly. Truly. Well, the, what we have found is that here we'll. Let's go to this discussion mode here. What we have found is that it's a, it's cumulative. Some people who have less than perfect credit, absolutely everything else they need to work on as well. But if you have good credit but bad borrower behaviors, they, you need to work on the final four, right? And then if you've got good borrower behaviors, the final three. So there is movement in every single one of these, of these areas. So we're cleaning up, we're cleaning up what we call your personal borrower identity, right? Where, where there, there are, there are thresholds of, of balances that you can keep or you shouldn't keep, but there are five. Everybody says oh big at 30%. No, 30% isn't going to get, isn't going to get you an approval. It might get you carrying a 30% balance might not even get you a credit limit increase because it's too much carrying on that card. So there are, and, and those training programs we go through all 40 borrower behaviors because there are, it's too much to name. Your business might have the wrong, the business codes. And so you're tagged. You didn't even know it when you filled out the name on your, if your name has real estate, properties, property management, any of those names, that's a huge red flag and you get tagged and now you're in a restricted business and lenders won't even look to you. Look at you. When you're opening up your checking account, you are red flagged. It's, it's insane. But when you know this is one of those things, right? We've all heard that story that says the, the, the entire, the, the entire conveyor belt system broke down and the guy's like, bring somebody in. We're losing millions of dollars. And the Guy walks in, 10 minutes later it's up and going in again. He gives a bill for $10,000, right? They're like, you were here for 15 minutes and he said, I know exactly what broke and how to fix it quickly. That's what this system is, is knowing what needs what, what needs to happen on your particular profile.

Is there anything that people should put together before scheduling a call with you?

Great. Well, when you go to schedule with Merrill.com the instructions tell you to get a My follower FICO credit report now. And some of you are going to hear this and you're going to ignore me. Please listen. We don't use Credit Karma. Credit Karma uses fake scores. There's not a lender under the sun that approves you using Credit Karma, what's called Vantage scores. They don't use it. If a lender is not using it, I don't use it. Then someone will say, hey, I want Experian. I got an Experian. Well, you're wasting your money if you're, if you're paying for monitoring with Experian because even though it's a FICO score, it's a soft pull, what's called a review score. No lender uses that score to approve you or put in the approval process. You need myfico.com that myfico.com literally has 31 lender scores. It's no hard pull. You're going to get all three mortgage scores. You're going to get your auto. You're going to get nine auto scores. You're going to get nine unsecured credit scores. So I need a myfico.com. you want to know the truth about your situation? Then let's look up the truth.

And the great thing about it, guys, it will surprise you. You look at it. You will be surprised by things on there. I know I was. I know. Everybody that I've talked to who've gone through this have been surprised because things pop up there that were affecting them not in a positive way, but a negative way. Like I mentioned, there's like 25, 30 different addresses for different properties that we flipped the different times that I've moved four or five different iterations of my name, that works.

And that makes you unfundable because this is, you guys. These, these are computers. They're not looking at your driver's license going, yeah, that matches. So it doesn't matter what the name is. They're looking at names. And if there's Meryl Chandler, Merrill R. Chandler, Merrill, Ray Chandler, that's three different people that they've got to suss out and see. So we help you consolidate all of that, just like we did with you, Scott.

Yeah, it's a huge thing. It's one of the most valuable things you'll know. And here's the thing. I guess a lot of us feel, have felt bad because we had bad things happen in our past judgment. Late pay, stop paying on things, collections. Listen, if you went through the 2008 financial crisis. Guess what? Congratulations, you're human. If you went through the COVID crisis and that things happened, guess what? You're human.

You're human.

It doesn't make you a bad person, you know, it doesn't make you a bad person at all. But the beautiful thing about this is now if you want to go and move and advance and get on with your life and move in a positive direction, you gotta know where everything is at. And that's what this call is all about, is booking a call with Merrill, him to look at things, look at where you're at and giving you a true reality check of where you're at, where you can go to. It's not a sales pitch. It's literally designed to help you understand things. And then you want get fundable help. You and Merrill and his team, they're the best.

I want to address that. He's right. This is not a sales call, you guys. If you don't get it, if you don't get, you would, you would suck as a client, right? If you get it, then you're going to prosper and you're going to, and you're going to win in this process. I don't have to sell it. I don't have to close you. You're like, here's what it does. This is what it costs. And I, I gave you, I, I just, just gave you the, all the windows and all of the, all the things. We just need to find out what you qualify for and what's what meets your time requirements. And do you want hundreds of thousands or do you want millions?

Yeah, we all want hundreds of thousands. We all want millions. And especially in this world with what's going on right now, the opportunities that.

Are available, we want millions and millions of dollars.

Dollars. Now the great thing here is, Meryl, you are also a real estate investor too.

Absolutely.

Real estate. That's one thing I don't, I, I don't remember you saying. I know you've said on other things, but you're also an active real estate investor in real estate. But you've also in the, the hard money, private lending side of things too for you. You're leveraging your, your stuff to make things happen. So you have a. Not somebody who's just focused on you, somebody who's understands, works with our students, walks the walk besides just talking it. And 99 of the people out there just talk it. He walks it. All right.

Yeah. And, and I, I would love to have back the arm and the leg that I Gave hard money investors. But when. But at 2.4 and I'm not done guys. I just had my most recent credit limit increases up another hundred and ten thousand dollars in my own personals. So I have to update that two point is now 2.572. Yeah. So so but because it's addictive approvals, guys. Talk about a dopamine hit. Yes. Forget doom scrolling. Get an approval and you're gonna be like I want more. I want more.

Good stuff. So once again that link is. Is is what again? You headed up there for a second.

Schedule with Meryl.com and then just, and then just select Scott.

Yep.

Schedule with Merrill.com.

Well, it pops up the next I just looked at.

So it pops up and you put.

The discovery call with the, with the. Not the solutions call but a discovery call.

Discovery call select. Yeah, like said, select the discovery call. And that will get you in front of me. You and I will partner on this and figure out what, if anything you want us want to do together.

There you go. Perfect. Great stuff. Awesome stuff as always. Meryl. Thank you so much. Thank you for your continued passion about what's going on. I know you posted something about Chase business cards last week as well, which is surprise and it definitely I, I figured out on our side too. They did the same thing to us as well. So. Right working on that there. Thank you so much. I mean just say what cutting edge. Stay with us. You guys up to the date. We are filming this as of March 2025. This is not March of 2024. Not March of 2020. You know, there's a lot of FICOs out there. Getting a lot of side out there with a legitimate guy started Lexington just absolutely million, just a million miles a minute. And somebody who's helped so many people of our students go out there, take some action. Go, go get signed up. Book that call with Merrill. You will not regret it. And then we'll see you on your journey to the top. Thank you so much, Meryl.

Thanks, ma'.

Am. Hey, real estate note investors, this is Scott Carson, the note guy. And I've been an active real estate investor for over 20 years. And for the past 15 years, me and my students relied on one company to help protect our assets and also help to create our LLCs and different entities and business formations and our asset protection to make sure that we're protected and aren't violating the corporate veil. What company is that? That's Laughlin and Associates here. They're out of Reno, Nevada. Huge, huge fan of what they do. And the customer service that they provide, not only me, but to my students, not only across the country, but across the world, especially for those looking to start businesses here in the United States. Whether you're from Mexico, Canada, overseas, one company you want to reach out to is Laughlin and Associates. Aaron Young has owned this company for quite a few years. Laughlin has been around for over 50 years. And it's really the number one place for you to set up your LLCs through the Nevada LLCs or Wyoming or Delaware Limited Trust. They're just an amazing company to not only create your LLCs but also follow up with the regular bookkeeping that you need to make sure that that corporate veil surrounds your business and keeps you safe from ne' er do Wellers. All right. And like I said, I have been a huge fan of them. We've used them for every llc, every entity we use, and they do just an amazing job in answering questions and helping to set up also our future, our estate, our Rockefeller plan, our asset protection plan. Not only now, but as we evolve and grow more wealth and more assets, Lawful Associates is always there to help answer our questions and help structure the things to keep our assets safe. Don't you want to keep the everything you've worked for, whether it's your business, your real estate, your investments safe and sound from the folks out there trying to take you down a notch. But make sure you talk to the team over at Laughlin Associates. You schedule a free phone call at 1-800-648-0966. That's 1-800-64-80966. Tell them that Scott Carson sent you and they'll take good care of you. Or check them out@laughlin USA.com that's laughlin USA.com Trust me, that's one phone call, one meeting you will never regret.