In this episode, Houston McMiller from 3 Way Funding shares exciting news about American Express offering a new business credit card for startups without requiring a credit check. He emphasizes the importance of focusing on building a business rather than worrying about personal credit, highlighting various platforms and companies that offer credit based on business performance rather than personal credit scores. Houston breaks down the key benefits of the new American Express business credit card, including no personal guarantee required and no need for a credit score. He explains how the card will be linked to a line of credit based on the business's revenue, making it accessible to small business owners who may not have established business bank accounts. While the program is currently invite-only, Houston provides tips on how to potentially access it, such as through existing relationships with American Express or utilizing backdoor methods like prepaid cards. He encourages listeners to take advantage of this opportunity for easier access to funding and growth for their businesses. The episode concludes with a reminder to check out the 3 Way Funding program for assistance in setting up businesses properly and a call to action to share and comment on the information shared.
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