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Six Ways to Creatively Fund a Startup Without Using Equity During a Recession Cycle

Creative Recession Cycle Funding For New Businesses

As an entrepreneur, raising money for your new startup business can seem hard to execute. You’ve probably seen dozens of competition funds out there, so you have chances to secure funding. Ultimately, you want funding for your startup to come from investors. But getting investors can be impossible for a new startup. Recession cycle funding for startups can happen.

Using your equity might seem like the best idea to fund your business as you wait for investors to come. Most new startup business owners, fall prey to taking out the equity to fund the business before the revenue starts rolling in. You don’t have to take out equity to fund your startup. It’s not necessary. The success of your business solely comes from decisions you make as the business owner.

Here are some ways to creatively make money for your new startup without taking out of your equity.

Recession Era Funding

The number of United States financial institutions as well as thrifts has been decreasing progressively for a quarter of a century. This is from consolidation in the marketplace along with deregulation in the 1990s, decreasing barriers to interstate banking. See: https://www.fundera.com/blog/happened-americas-small-businesses-financial-crisis-six-years-start-crisis-look-back-10-charts

Assets focused in ever‐larger financial institutions is problematic for small business proprietors. Big banks are a lot less likely to make small loans. Economic recessions mean banks become extra mindful with lending. The good news is, business credit does not depend on financial institutions.

Recession Cycle Funding: Crowdfunding

Use Kickstarter. There’s a method to the madness in using Kickstart to fund your startup. First, do your research before pitching your idea to Kickstarter. Find out if there’s another project they have approved like your startup. So if they deny your idea, refer to similar projects they have approved. And when you ask for money from Kickstarter, be realistic and ask for money to help you survive for a few months. Don’t forget to spread the word to your friends and family asking them to help fund your start up.

Recession Cycle Funding: Bootstrap

Put your Money in First. When you first start out, tap into your own saving accounts, home equity, retirement accounts, etc. This might seem a bit risky, but you should invest in your own startup venture before you expect other investors to put money into it. Most investors will want to see the owners of the business have invested some of their own cash in the business to show confidence.

But there can be some issues with bootstrapping your business.

Still, here are some ways to bootstrap to build more financial resources.  

Share and Save on Services and Equipment

Share office services and equipment. You’ll probably need to get a co-work space where you can share the office space and equipment with other business owners. This will help you cut the cost of renting an office space and paying the high monthly rent.

Use the computers and servers you have. Don’t go out and buy new equipment when you start your startup. Use the computers, software, and desks, etc., you already have. Don’t spend extra money renting new equipment.

Recession Cycle Funding: Grants

Pursue non-dilutive capital. Look for government grants to get more money for your startup. Cities and states have grant programs offering low-interest rates on loans. Having access to these resources give startups the ability to qualify for large sums of money.

Recession Cycle Funding: Startup Business Credit Cards

Business credit cards can be a great way to get a startup off the ground.

We looked at a number of business credit cards, and did the research for you. So here are our picks.

Per the SBA, business credit card limits are a whopping 10 – 100 times that of personal cards!

You can get a lot more money with business credit. And you can still have personal credit cards at stores. So you would now have an added card at the same stores for your company.

You don’t need collateral, cash flow, or financials to get business credit. This is still true during a recession cycle.

Benefits can vary. So, make certain to choose the benefit you would prefer from this assortment of alternatives.

Dependable Credit Cards for Fair to Poor Credit, Not Calling for a Personal Guarantee

Brex Card for Startups

Look into the Brex Card for Startups. It has no annual fee.

You will not need to provide your Social Security number to apply. And you will not need to supply a personal guarantee. They will take your EIN.

Nonetheless, they do not accept every industry.

Likewise, there are some industries they will not work with, as well as others where they want added documentation. For a list, go here: https://brex.com/legal/prohibited_activities/.

To determine creditworthiness, Brex checks a business’s cash balance, spending patterns, and investors.

You can get 7x points on rideshare. Get 4x on Brex Travel. Also, get triple points on restaurants. And get double points on recurring software payments. Get 1x points on everything else.

You can have poor credit scores (even a 300 FICO) to qualify.

Find it here: https://brex.com/lp/startups-higher-limits/

Secure Business Credit Cards for Fair Credit

Capital One® Spark® Classic for Business

Take a look at the Capital One® Spark® Classic for Business. It has no yearly fee. There is no introductory APR offer. The regular APR is a variable 24.49%. You can earn unlimited 1% cash back on every purchase for your company, without any minimum to redeem.

While this card is within reach if you have fair credit scores, beware of the APR. But if you can pay on schedule, and in full, then it’s a bargain.

Find it here: https://www.capitalone.com/small-business/credit-cards/spark-classic/

Recession Cycle

Establish business credit fast and beat the recession with our research-backed guide to 12 business credit cards and lines.

Exceptional Business Credit Cards with No Yearly Fee

No Yearly Fee/Flat Rate Cash Back

Ink Business Unlimited℠ Credit Card

Check out the Ink Business Unlimited℠ Credit Card. Past no yearly fee, get an introductory 0% APR for the first one year. After that, the APR is a variable 14.74 – 20.74%.

You can get unlimited 1.5% Cash Back rewards on every purchase made for your company. And get $500 bonus cash back after spending $3,000 in the first 3 months from account opening. You can redeem your rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®. You will need excellent credit to get approval for this card.

Find it here: https://creditcards.chase.com/business-credit-cards/ink/unlimited

Recession Cycle

Establish business credit fast and beat the recession with our research-backed guide to 12 business credit cards and lines.

Company Credit Cards with a 0% Introductory APR – Pay Zero!

Blue Business® Plus Credit Card from American Express

Take a look at the Blue Business® Plus Credit Card from American Express. It has no yearly fee. There is a 0% introductory APR for the first 12 months. After that, the APR is a variable 14.74 – 20.74%.

Get double Membership Rewards® points on everyday company purchases like office supplies or client dinners for the first $50,000 spent annually. Get 1 point per dollar afterwards.

You will need great to outstanding credit scores to qualify.

Find it here: https://creditcard.americanexpress.com/d/bluebusinessplus-credit-card/

American Express® Blue Business Cash Card

Also have a look at the American Express® Blue Business Cash Card. Note: the American Express® Blue Business Cash Card is identical to the Blue Business® Plus Credit Card from American Express. But its rewards are in cash instead of points.

Get 2% cash back on all eligible purchases on up to $50,000 per calendar year. After that get 1%.

It has no yearly fee. There is a 0% introductory APR for the first one year. Afterwards, the APR is a variable 14.74 – 20.74%.

You will need good to excellent credit scores to qualify.

Find it here: https://creditcard.americanexpress.com/d/business-bluecash-credit-card/

Terrific Cards for Cash Back

Flat-Rate Rewards

Capital One ® Spark® Cash for Business

Check out the Capital One® Spark® Cash for Business. It has an introductory $0 yearly fee for the first year. After that, this card costs $95 each year. There is no introductory APR deal. The regular APR is a variable 18.49%.

You can get a $500 one-time cash bonus after spending $4,000 in the initial three months from account opening. Get unlimited 2% cash back. Redeem at any time without minimums.

You will need great to excellent credit scores to qualify.

Find it here: https://www.capitalone.com/small-business/credit-cards/spark-cash/

Flat-Rate Rewards and No Yearly Cost

Discover it® Business Card

Check out the Discover it® Business Card. It has no annual fee. There is an introductory APR of 0% on purchases for 12 months. After that the regular APR is a variable 14.49 – 22.49%.

Get unlimited 1.5% cash back on all purchases, with no category restrictions or bonuses. They double the 1.5% Cashback Match™ at the end of the first year. There is no minimal spend requirement.

You can download transactions| quickly to Quicken, QuickBooks, and Excel. Note: you will need great to superb credit to receive this card.

https://www.discover.com/credit-cards/business/

Bonus Categories

Ink Business Cash℠ Credit Card

Take a look at the Ink Business Cash℠ Credit Card. It has no annual fee. There is a 0% introductory APR for the first year. After that, the APR is a variable 14.74 – 20.74%. You can get a $500 one-time cash bonus after spending $3,000 in the initial 3 months from account opening.

You can get 5% cash back on the initial $25,000 spent in combined purchases at office supply stores and on net, cable, and phone services each account anniversary year.

Get 2% cash back on the first $25,000 spent in combined purchases at gasoline stations and restaurants each account anniversary year. Get 1% cash back on all other purchases. There is no limit to the amount you can earn.

You will need superb credit to get approval for this card.

Find it here: https://creditcards.chase.com/business-credit-cards/ink/cash?iCELL=61GF

Boosted Cash Back Categories

Bank of America® Business Advantage Cash Rewards MasterCard® credit card

Take a look at the Bank of America® Business Advantage Cash Rewards MasterCard® credit card. Get an 0% introductory APR for the first 9 billing cycles of the account. Afterwards, the APR is 13.74% – 23.74% variable. There is no yearly fee. You can get a $300 statement credit offer.

Get 3% cash back in the category of your choice. So these are gasoline stations (default), office supply stores, travel, TV/telecom & wireless, computer services or business consulting services. Earn 2% cash back on dining. So this is for the initial $50,000 in combined choice category/dining purchases each calendar year. After that get 1% after, with no limits.

You will need outstanding credit scores to qualify.

Find it here: https://promo.bankofamerica.com/smallbusinesscards2/

Flexible Financing Credit Cards – Take A Look at Your Alternatives!

The Plum Card® from American Express

Check out the Plum Card® from American Express. It has an introductory yearly fee of $0 for the first year. Afterwards, pay $250 per year.

Get a 1.5% early pay discount cash back bonus when you pay within 10 days. You can take up to 60 days to pay without interest when you pay the minimum due by the payment due date.

You will need good to exceptional credit scores to qualify.

Find it here: https://creditcard.americanexpress.com/d/the-plum-card-business-charge-card/

Unbeatable Cards for Jackpot Rewards That Never Expire

Capital One® Spark® Cash Select for Business

Have a look at the Capital One® Spark® Cash Select for Business. It has no annual fee. You can get 1.5% cash back on every purchase. There is no limit on the cash back you can get. Also earn a one-time $200 cash bonus when you spend $3,000 on purchases in the first 3 months. Rewards never expire.

Pay a 0% introductory APR for 9 months. Then pay 14.49% – 22.49% variable APR afterwards.

You will need good to outstanding credit to qualify.

Find it here: https://www.capitalone.com/small-business/credit-cards/spark-cash-select/

Recession Cycle

Establish business credit fast and beat the recession with our research-backed guide to 12 business credit cards and lines.

The Recession Cycle Funding for You

Your absolute best business credit cards hinge on your credit history and scores.

Only you can pick which features you want and need. So be sure to do your homework. What is outstanding for you could be catastrophic for somebody else.

And, as always, make sure to establish credit in the recommended order for the best, fastest benefits.

Recession Cycle Funding: Takeaways

Raising money during a recession cycle might feel a little overwhelming. It takes time to build up funds to start a new business. But you don’t have to feel you have to use your equity to fund your new business. There are so many other ways you can find money to help your business grow. Don’t get focused on making quick money. Think about the long-term growth of your company, and how your decisions today will affect its finances in the future. Develop a plan to find money from different resources before using company equity. And yes, you can even do this during a recession cycle.

The post Six Ways to Creatively Fund a Startup Without Using Equity During a Recession Cycle appeared first on Credit Suite.

Get Business Credit Without SSN, and Other Tips for Becoming Fundable

Did you know you can apply for credit in your business name and it won’t hit your personal credit report?  You can, no matter what is happening with the economy!  There’s a trick to it though.  You have to set your business up properly, and you have to apply with the right information.  It is possible to get business credit without SSN being an issue.

Get Business Credit without SSN and Make Your Business More Fundable

When you get business credit without using your SSN, you take the first step in obtaining credit in the name of your business.  That is separate credit that only affects the credit score of your business, not your personal credit score. 

Of course, there is way more to separating business credit from personal credit than knowing how to get business credit without SSN, but that is definitely a place to start.

Check out our best webinar with its trustworthy list of seven vendors to help you build business credit, even in a recession.

Get Business Credit Without SSN

get biz credit without SSN Credit SuiteThere is really no amazing trick to this.  You can easily get business credit without SSN by simply using an EIN (Employer Identification Number) in place of the SSN on credit applications.  That one simple step will disconnect debt taken in the name of your business from your personal debt.  Again, there are a few more steps to keep it completely separate but, this is huge and very simple. 

You can get an EIN for free on the IRS website.  Just go to IRS.gov and apply.  The process is fast.  Once you have that number, you have taken the first step in building credit for your business separate from yourself.  This is the pivotal step getting business credit without your SSN.

It is important to note that you may have to provide your SSN for identification purposes to help prevent fraud.  However, this is different than getting credit using your SSN.  If you use your social security number for identification purposes only, the debt will still not be connected to it. 

Separate Your Bank Accounts

You have to open a separate, dedicated business bank account.  There are a few reasons for this.  First, it will help you keep track of business finances.  It will also help you keep them separate from personal finances for tax purposes. 

There’s more to it however.  There are several types of funding you cannot get without a business bank account.  Many lenders and credit cards want to see one with a minimum average balance.  In addition, you can’t get a merchant account without a business account at a bank. The result is, you cannot take credit card payments.  Studies show shoppers usually spend more when they can pay by credit card.

Kick Your Business Out of the Nest! Separate Contact Info Is a Must

Your business needs its own phone number, fax number, and address.  You can still run your business from your home or on your computer.  You don’t even have to have a fax machine.  

In fact, you can get a business phone number and fax number that will work over the internet instead of phone lines without a lot of trouble.  In addition, the phone number will forward to any phone you want it to.  You can simply use your personal cell phone or landline if you want.  Whenever someone calls your business number it will ring straight to you. 

Faxes can be sent to an online fax service, if anyone ever happens to actually fax you.  This part may seem outdated, but it does help your business appear legitimate to lenders. 

You can use a virtual office for a business address. How do you get a virtual office?  What is that?  It’s not what you may think.  This is a business that offers a physical address for a fee, and sometimes they even offer mail service and live receptionist services.  In addition, there are some that offer meeting spaces for those times you may need to meet a client or customer in person.

Make Sure Your Website and Email Address are In Synch

What does a website and email address have to do with business funding?  These days, you do not exist if you do not have a website.  However, having a poorly put together website can be even worse.  It is the first impression you make on many, and if it appears to be unprofessional it looks bad to lenders as well as customers. 

Spend the time and money necessary to make sure your website is professionally designed and works well.  Pay for hosting too. Don’t use a free hosting service.  Along these same lines, your business needs a dedicated business email address.  Make sure it has the same URL as your Website.  Don’t use a free service such as Yahoo or Gmail. 

Incorporate

Incorporating your business as an LLC, S-corp, or corporation is non-negotiable.  It lends credence to the legitimacy of your business. It also offers some protection from liability. 

Which option you choose does not matter as much for fundability as it does for your budget and needs for liability protection.  The best thing to do is talk to your attorney or a tax professional.  

Now, incorporation is important to business credit building.  However, so is time in business.  The longer you have been in business the more fundable you appear to be. Time in business starts on the date of incorporation, regardless of when you actually started doing business. That means, it is vital to incorporate as soon as possible.

Check out our best webinar with its trustworthy list of seven vendors to help you build business credit, even in a recession

Where to Start to Get Business Credit without SSN

Once you have these things in place, you can start applying to get business credit without SSN, but with your EIN.  Don’t just jump into credit cards.  It helps to begin with starter vendors.  There are a few out there.  

Starter vendors are vendors that sell items you use everyday in the course of business.  They will extend credit in the form of net terms on invoices without a credit check.  Then, they will report payments on those invoices to the business credit reporting agencies.  

If you have followed the steps, then when they report those payments, they will be reporting in your business name to the business credit reporting agencies such as Dun & Bradstreet, Equifax, and Experian. This is how you start to build your business credit score. 

Get Business Credit Without SSN: What Next? 

After you get enough starter vendor accounts reporting, you’ll be able to apply for other types of cards and without your SSN.  The key is to apply for certain types of cards in a specific order.  For example, it is best to start with store cards.  These are cards that are issued with a specific store name.  Typically, you can only use them at that specific store or on that store’s website.  Examples include Office Depot and Best Buy. Some fleet cards fall into this category as well. 

Fleet cards are cards that you can only use for fuel or auto repair and maintenance.  It is usually easier to get approval for these cards after you have several starter vendors and store cards reporting.  Examples of fleet credit cards include Fuelman and Shell. 

After enough of these types of accounts are reporting to the business credit reporting agencies in your business name, with your EIN, then you can apply for general use credit cards.  Those are the credit cards you can use anytime, anywhere, on anything.  Usually, they have the best interest rates and rewards.  They also have the highest credit limits, meaning you have instant access to the funds you need to run your business day in and day out. 

Get Business Credit With SSN: A Warning

Here are a few key things to remember when you get business credit without SSN.  

First, the whole point is to separate your business credit from your personal credit.  Why do this?  There are a few reasons.  For example, you typically get a higher credit limit when you get credit related to your business with an EIN than you would with your SSN. 

Another reason, however, is so that your personal credit is not affected if you have problems on your business credit report.  However, you want your business credit to be strong also.  The only way to make this happen is to handle your credit responsibly.  Do not bite off more than you can chew. Make your payments regularly and on-time.  Bad business credit is just as harmful as no business credit. 

Keep and Eye on Your Business Credit

It’s important to keep an eye on your business credit while you are going through this process.  Once you get business credit without SSN, you’ll need to keep tabs on which accounts are reporting, how many accounts are reporting, and what your score looks like.  This is how you will know when it is time to apply for other types of cards. 

It is also how you will know when there is a mistake.  If you do see a mistake, you can contest it in writing to have it removed.  

When it comes to business credit monitoring, there are a few different credit reporting agencies. The main three we have already mentioned.  They include Dun & Bradstreet, Experian, and Equifax.  There are others as well, but if you know what your business credit score is with the main three, you can have a good idea of what it is with any credit reporting agency. 

Funding in the Meantime

It takes some time to get business credit without SSN.  If you need money to run your business quickly, while you work through the process, you might consider a credit line hybrid. This is revolving, unsecured financing that allows you to fund your business without putting up collateral.  Furthermore, you only pay back what you use.  

It’s easier than you may think to qualify.  You can do so with a personal credit score that is way below what you would need to get approval for a term loan or line of credit at a traditional bank.  The minimum is 685. Even if you did get approval at a traditional bank with this score, your interest rate would be much more than what is typical with a credit line hybrid. 

In addition to meeting the minimum credit score requirement, you can’t have any liens, judgments, bankruptcies or late payments.  Also, in the past 6 months, you should have less than 5 credit inquiries, and less than a 45% balance on all business and personal credit cards.  While it is preferred that you have established business credit as well as personal credit, it is possible to qualify without business credit. In fact, a credit line hybrid can help build business credit. 

What If I Don’t Qualify?   

If you do not meet all of the requirements, there is still a chance. You can take on a credit partner that meets each of these requirements.  Many business owners work with a friend or relative to fund their business.  If a relative or a friend meets all of these requirements, they can partner with you to allow you to tap into their credit to access funding. 

What Makes a Credit Line Hybrid A Good Option? 

There are many benefits to using a credit line hybrid.  First, it is unsecured, meaning you do not have to have any collateral to put up.  Next, you do not have to provide any bank statements or financials.  

Also, typical approval amounts are up to 5x that of the highest credit limit on the personal credit report. Additionally, interest rates can go as low as 0% for the first few months.  You can put that savings back into your business.

Check out our best webinar with its trustworthy list of seven vendors to help you build business credit, even in a recession

The process is pretty fast, especially with a qualified expert to walk you through it.  One other benefit is this.  With the approval for multiple credit cards, competition is created.  This makes it easier to get interest rates lowered and limits raised every few months. 

Get Business Credit Without SSN and Have Access to Funding to Run and Grow Your Business

One of the largest parts of establishing business credit is to get business credit without SSN.  If you use your SSN to apply, that account is going to end up on your personal credit report.  This is the opposite of what you want.  However, using an EIN instead of an SSN is not enough.  You have to follow the other steps to create separation between you and your business. Then, you will be well on your way to building business credit separate from your personal credit. Now is a great time to get started.

The post Get Business Credit Without SSN, and Other Tips for Becoming Fundable appeared first on Credit Suite.

How to Build Business Credit Without Using Personal Credit

You need to know how to build business credit without using personal credit. It’s possible, but you have to start at the beginning and work through the process. 

How to Build Business Credit Without Using Personal Credit: There is More to the Process than You May Imagine

That’s right, there is a process for how to build business credit without using personal credit.  Just like any process, you can’t start in the middle. You can’t start at the end. There is no other place to start and make it work than the beginning. 

How to Build Business Credit Without Using Personal Credit: Set Your Business Up to Be Fundable

The first step in how to build business credit without using personal credit is to separate your business from yourself.  Until you do that, your personal credit will come into play every time. Your business has to be a separate, fundable entity all on its own.  How do you make this happen?

Set Up Separate Contact Information

First, make sure your business has its own phone number, fax number, and address.   That doesn’t mean you can’t run your business from your house.  There are ways to separate contact information and still do that.

Check out our best webinar with its trustworthy list of seven vendors to help you build business credit.

In fact, you can get a business phone number and fax number that will work over the internet instead of phone lines.  Also, the phone number will forward to any phone you want it too so you can simply use your personal cell phone or landline.  

Furthermore, you can use a virtual office for a business address. That is different than what you may think. A virtual office is a business that offers a physical address for a fee.  Sometimes they even offer mail service and live receptionist services.  In addition, there are some that have meeting spaces for when you  need to meet a client or customer in person. 

EIN

Next, you have to get an EIN. As you may know, that’s an identifying number for your business that works similar to how your SSN works for you personally.  You can get one for free from the IRS.

Incorporate

Not surprisingly, incorporating your business as an LLC, S-corp, or corporation is necessary for separation.  In addition, iIt lends credibility to your business as one that is legitimate. It also offers some protection from liability. 

The truth is, which option you choose relates more to your budget and protection needs.  In fact, the best thing to do is talk to your attorney or a tax professional when making that decision.  

You Need a Separate Business Bank Account

Why?   First, it will help you keep track of business finances.  It will also help you keep them separate from personal finances for tax purposes. 

There’s more to it however.  There are several types of funding you cannot get without a business bank account.  Many lenders and credit cards want to see one with a minimum average balance.  In addition, you cannot get a merchant account without a business account at a bank. That means, you cannot take credit card payments.  Studies show consumers tend to spend more when they can pay by credit card.

Licenses

A legitimate business has all of the necessary licenses it needs to operate legally.   If it doesn’t, warning signals are going to alert lenders that there may be a problem. Make sure you have all of the licenses necessary to legitimately run your business at the federal, state, and local levels. 

Website

You might as well not exist if you don’t have a website.  However, having a website that looks unprofessional or isn’t user friendly can be even worse. Often, this is the first impression you make.  If it appears to be unprofessional that will be bad.

Spend the time and money necessary to ensure your website is professionally designed and works well.  Pay for hosting too. Don’t use a free hosting service.  Along these same lines, your business needs a dedicated business email address.  Make sure it has the same URL as your Website. Don’t use a free service such as Yahoo or Gmail. 

How to Build Business Credit Without Using Personal Credit: Get Initial Accounts Reporting

Now that your business is separate and can have its very own credit, you have to get accounts reporting.  This is the crux of how to build business credit without using personal credit. There are a few ways to do it. 

Ask Current Vendors to Report Payments to Credit Agencies

Vendors you already work with may be willing to extend credit without a credit check.  If not, they may give you net terms on invoices.   The worst they can say is no.  If they say yes, ask them to report the payments to the business credit agencies.

Check out our best webinar with its trustworthy list of seven vendors to help you build business credit.

Ask Monthly Service Providers to Report Payments

You already pay utilities, rent, and internet each month.  Ask those providers to report your payments to the business credit reporting agencies.  If they say yes, make certain your accounts are set up in your business name with your business contact information.  Then, those payments will help build business credit.

Work with Starter Vendors

Starter vendors are the key to how to build business credit without using personal credit.  They are part of what we like to call vendor credit.  These are certain retailers that will extend Net 30 terms in your business name without a credit check.  Then, after you pay, they will report those payments to the business credit report agencies (CRAs). 

This starts a sort of snowball effect for building business credit.  They do not check your credit score, so it doesn’t matter that it may not be great.  As you make these payments responsibly and they are reported, you begin to build positive business credit history.

How to Build Business Credit Without Using Personal Credit: Work Through Getting More Credit

There are actually more kinds of credit beyond vendor credit.  You have to work through them in order. Once you get enough initial accounts reporting from vendor credit, you can apply for revolving store cards (AKA retail credit).  These are vendors as well, but they do check your business credit. 

Generally, these are credit cards limited to use at the stores that issue them.  For example, Office Depot cards can only be used at Office Depot. Best Buy cards can only be used at Best Buy.  

After retail credit comes fleet credit.  This includes fleet credit cards that are limited to use for fuel and auto repair and maintenance costs. Examples include fleet cards issued by Shell, Fuelman, and WEX.

After this comes more universal cash credit.  If you have enough accounts and you handle them responsibly, you should qualify for approval here.  It includes general business credit cards that are not limited to where you can use them or what you can use them on. Often, they even have nice rewards such as cash back. 

Business Credit is Just a Piece of A Much Larger Puzzle

Of course, when it comes to funding your business, business credit isn’t the only thing that makes a difference.  It is arguably the biggest factor, but other things come into play as well. You need to know what those things are so you aren’t going in blind.

Other Business Data Agencies 

There are other business data agencies that affect credit reports indirectly.  Two examples include LexisNexis and The Small Business Finance Exchange. These two agencies collect data from various sources, including public records.  That means, they could have access to information relating to automobile accidents and liens, among other things. I think you’ll agree that most business owners do not expect things like this to affect their ability to get funding. However, it can. 

While you may not be able see or make changes to the data these agencies have on your business, you can make sure that any new information they receive is positive.  Enough positive information can help counteract any negative information from the past. 

Identification Numbers 

Other than the EIN, there are identifying numbers that go along with your business credit reports.  You need to be aware that these numbers exist.  Some of them are assigned by the agency, like the Experian BIN.  At least one, however, you have to apply to get. It is absolutely necessary that you do this. 

Dun & Bradstreet is the largest and most commonly used business credit reporting agency.  Every credit file in their database has a D-U-N-S number.  To get a D-U-N-S number, you have to apply for one through the D&B website. If you do not, you will not have a credit report with D&B.  When a lender tries to pull your business credit score from them, it will not be there, no matter how well you have paid your business accounts.

Business Information

On the surface, it seems obvious that all of your business information should be the same everywhere you use it.  However, when you start changing things up, you may find that some things slip. 

This is a problem.  A ton of loan applications are turned down each year due to fraud concerns because  things do not match up.  Maybe your business licenses have your personal address but now you have a separate business address.  Change it. Perhaps some of your credit accounts have a slightly different name or a different phone number listed than what is on your loan application. Do your insurances all have the correct information?  

The key to this piece of the business fundability is to monitor your reports regularly.   

Financial Statements

This encompasses a broad spectrum of things.  First, there is the obvious. Both your personal and business tax returns need to be in order.  Not only that, but you need to be paying your taxes, both business and personal.   

Business Financials

It is best to have an accounting professional prepare regular financial statements for your business. Having an accountant’s name on financial statements lends credence to the legitimacy of your business. If you cannot afford this monthly or quarterly, at least have professional statements prepared each year. 

Personal Financials

Often tax returns for the previous three years will suffice.  Get a tax professional to prepare them.   This is the bare minimum you will need.  Other information you may need could include check stubs and bank statements, among other things. 

Bureaus

There are several other agencies that hold information related to your personal finances that you need to know about.  Everyone knows about FICO.  Your personal FICO score needs to be as strong as possible. It really can affect business fundability and almost all traditional lenders will look at personal credit along with business credit. 

In addition to FICO reporting personal credit, there is ChexSystems.  In the simplest terms, they keep up with bad check activity.  This makes a difference when it comes to your bank score.  If you have too many bad checks, you will not be able to open a bank account.  That will cause serious fundability issues. 

Everything is fair game.  Have you ever been convicted of a crime? Do you have a bankruptcy or short sell on your record?  How about liens or UCC filings? All of this can and will affect the fundability of your business. 

Personal Credit History

How to Build Biz Credit Without Using Personal Credit SuiteEven once you know how to build business credit without using personal credit, your personal credit score matters.  It has to be in order because it will definitely affect the fundability of your business.  Work on improving it while you’re building business credit without it.  The number one way to get a strong personal credit score or improve a weak one is to make payments consistently on time. 

Also, make sure you monitor your personal credit regularly to ensure mistakes are corrected and that there are no fraudulent accounts being reported. 

Application

Consider the timing of the application.  Is your business currently fundable?  If not, do some work first to increase fundability. Next, ensure that your business name, business address, and ownership status are all verifiable.  Lenders will check into it.  Lastly, make sure you choose the right lending product for your business and your needs. Do you need a traditional loan or a line of credit? Would a working capital loan or expansion loan work best for your needs?  Choosing the right product to apply for can make all the difference.

Check out our best webinar with its trustworthy list of seven vendors to help you build business credit.

How to Build Business Credit Without Using Personal Credit: It Is Possible

You need to know how to build business credit without using personal credit, especially if your personal credit is bad. However, you cannot just ignore personal credit.  It affects the fundability of your business as well as many other factors. Take the time to improve your personal credit and evaluate the other pieces of your complete fundability picture while building business credit.  Then, you will always be able to get the funding you need.

The post How to Build Business Credit Without Using Personal Credit appeared first on Credit Suite.

How to Build Business Credit Without Using Personal Credit

You need to know how to build business credit without using personal credit. It’s possible, but you have to start at the beginning and work through the process.  How to Build Business Credit Without Using Personal Credit: There is More to the Process than You May Imagine That’s right, there is a process for how … Continue reading How to Build Business Credit Without Using Personal Credit

Credit Scores Cards Without Late Fees? What You Don’t Know Can Hurt You

Credit Score Cards Without Late Fees? What You Don’t Know Can Hurt You

The passion prices aren’t especially reduced as well as the costs billed for paying late or going over your limitation can be high. Late charges of $39 aren’t unusual, as well as they are evaluated if your expense falls short to show up by the due day, also if it was postponed in the mail.
The debt card business have actually been paying attention to customer grievances concerning costly late charges and also numerous of them have actually reacted. There might be a spin included; Citibanks’s Simplicity card lugs no late costs as long as you make an acquisition each month within the payment duration. Aren’t late costs the card firm’s means of making certain that you pay your costs at all?
With the Citibank card, paying late brings the typical charge of up to $39 if you pay late and also have not made an acquisition throughout the invoicing duration. If you have actually made an acquisition within the invoicing duration, however you have actually still paid late, Citibank may, at its choice, elevate your passion price. American Express will certainly likewise elevate your rate of interest price if you pay late two times in a year, though not as high as the 30% or so that Citibank will certainly bill.
With passion prices possibly climbing to virtually 30% as well as using to your superior equilibrium, you would certainly be a lot far better off maintaining an existing card and also paying the late cost than the hundreds or also thousands of additional bucks you would certainly pay on a big equilibrium after the fine passion price is used. Of training course, you can stay clear of both late costs as well as rate of interest price walkings by merely paying your costs on time as well as preserving a tiny equilibrium or no equilibrium at all.

Aren’t late charges the card firm’s means of making certain that you pay your costs at all? With the Citibank card, paying late brings the typical cost of up to $39 if you pay late as well as have not made an acquisition throughout the invoicing duration. With rate of interest prices possibly increasing to almost 30% and also using to your exceptional equilibrium, you would certainly be a lot far better off maintaining an existing card and also paying the late cost than the hundreds or also thousands of additional bucks you would certainly pay on a big equilibrium after the fine rate of interest price is used. Of program, you can stay clear of both late charges as well as passion price walks by merely paying your expense on time and also preserving a little equilibrium or no equilibrium at all.

The post Credit Scores Cards Without Late Fees? What You Don’t Know Can Hurt You appeared first on ROI Credit Builders.

Credit Scores Cards Without Late Fees? What You Don’t Know Can Hurt You

Credit Score Cards Without Late Fees? What You Don’t Know Can Hurt You

The passion prices aren’t especially reduced as well as the costs billed for paying late or going over your limitation can be high. Late charges of $39 aren’t unusual, as well as they are evaluated if your expense falls short to show up by the due day, also if it was postponed in the mail.
The debt card business have actually been paying attention to customer grievances concerning costly late charges and also numerous of them have actually reacted. There might be a spin included; Citibanks’s Simplicity card lugs no late costs as long as you make an acquisition each month within the payment duration. Aren’t late costs the card firm’s means of making certain that you pay your costs at all?
With the Citibank card, paying late brings the typical charge of up to $39 if you pay late and also have not made an acquisition throughout the invoicing duration. If you have actually made an acquisition within the invoicing duration, however you have actually still paid late, Citibank may, at its choice, elevate your passion price. American Express will certainly likewise elevate your rate of interest price if you pay late two times in a year, though not as high as the 30% or so that Citibank will certainly bill.
With passion prices possibly climbing to virtually 30% as well as using to your superior equilibrium, you would certainly be a lot far better off maintaining an existing card and also paying the late cost than the hundreds or also thousands of additional bucks you would certainly pay on a big equilibrium after the fine passion price is used. Of training course, you can stay clear of both late costs as well as rate of interest price walkings by merely paying your costs on time as well as preserving a tiny equilibrium or no equilibrium at all.

Aren’t late charges the card firm’s means of making certain that you pay your costs at all? With the Citibank card, paying late brings the typical cost of up to $39 if you pay late as well as have not made an acquisition throughout the invoicing duration. With rate of interest prices possibly increasing to almost 30% and also using to your exceptional equilibrium, you would certainly be a lot far better off maintaining an existing card and also paying the late cost than the hundreds or also thousands of additional bucks you would certainly pay on a big equilibrium after the fine rate of interest price is used. Of program, you can stay clear of both late charges as well as passion price walks by merely paying your expense on time and also preserving a little equilibrium or no equilibrium at all.

The post Credit Scores Cards Without Late Fees? What You Don’t Know Can Hurt You appeared first on ROI Credit Builders.

How I Generate 18,800 Visitors from Google Without SEO or Ads

If you want to get traffic from Google, how would you go
about it?

Chances are you are either going to leverage SEO or pay for
some ads.

But what if there was another way to get traffic from Google? A way that didn’t take as long as SEO and didn’t cost money like paid ads. And no, I’m not talking about Google News… there is actually an easier way.

It’s so effective that it drove 18,800 visitors to my site in the last 3 months. Just look at the screenshot above.

So, what is it?

Google Discover

Similar to how you have feeds on Facebook, Instagram, and Twitter, did you know Google has a feed for you.

It’s called Google Discover.

If you mainly use Google on your laptop or desktop computer, chances are you haven’t seen it. But if you have the Google mobile app or the Chrome mobile app, you probably have already seen it.

Here’s what it looks like on an iPhone:

This is Google’s version of a social feed.

Here’s how it works… Google Discover results, which appear below the search box on the Google mobile app and Chrome mobile app, show a summary of web pages as cards. These cards are a scrollable list of topics, almost like a social feed, that you can browse on your mobile devices.

Tapping one of these cards from Google search home will send
you directly to the page you just clicked on.

And if you are wondering why you are seeing certain stories
that others may not be, it’s because the recommendations are based on search
history, interactions with Google products, and who you choose to follow
directly via Google Discover.

But here is where it’s getting interesting…

Google Discover is everywhere, you just don’t know it

Discover results for some topics also appear within the
search engine results under the label “Interesting finds.”

If you click one of these stories, it’ll take you directly to that web page, or, if you click to see “more stories” at the bottom of the Interesting Finds card, it’ll bring you to a new Google Discover user interface where you can follow that topic, follow related topics, and explore related Discover listings.

Now if you have a Pixel phone, you’ve seen Discover a lot, but again you just haven’t realized it.

By simply swiping right on your Pixel phone home screen you
get a customizable and personalized feed just like the image above.

Now, you may be wondering, how is this different than just
using Google News? Because they have a top stories section which is kind of
like a feed, right?

Unlike top stories, Discover doesn’t limit rankings to what’s published most recently.

If Google thinks a user would find earlier content
interesting, then Discover might show it. Discover also features videos, sports
scores, entertainment updates such a movie, stock prices, event info for things
like a music festival, and much more.

Google is positioning Discover as a content hub for all of your interests just like Facebook is doing with their feed.

In other words, this is Google’s version of your Facebook
feed.

Similar to following a hashtag on Instagram, you can follow
a topic of interest on Discover. Also, similar to Instagram’s Explore Page, you
don’t need to follow anything to get content you might like. Discover is aiming
to show you content you’d be interested in before you even know you want
it.

The key is “before you knew about it.” Just like how Facebook and Instagram do the same thing.

So, why should you care about Google Discover?

Because it can drive you a ton of traffic.

Just check out one of the clients of my ad agency, Neil Patel Digital. Look at their Discover traffic.

They generated 3.64 million impressions in the last 28 days
and 79,000 clicks to their site.

That’s a ton of traffic. In addition, all of those impressions help with branding.

Now you may not care about branding but the larger your
brand, the easier it is to rank on Google. Brand search volume is more correlated
with rankings than links or domain authority.

And as Google’s ex-CEO stated:

Brands are the solution, not the problem. Brands are how you sort out the cesspool.

So, all of those impressions you can generate from Discover are great because they will help put your brand out there. It helps with the concept called the Rule of 7, in which when someone sees or interacts with your brand 7 times, they are much more likely to become a loyal customer.

This can also help with Google’s E-A-T algorithm updates. It is the best way if you want to build up your expertise and credibility as an author. Discover is a simple way to help you get there.

So, how can you get more traffic from Discover?

How to optimize for Google Discover

Luckily, it’s not as complicated as SEO and the results happen
much faster. Still not instant, but over time you should see your Discover
traffic continually rising.

Here are 3 simple tips that will help:

  1. Be sure to use high-quality images. Images appear with every Discover result, so relevant and high-quality images that accompany your content is important. And just like with your headlines and titles, try to choose images that are more likely to entice clicks. Images that are shocking or evoke curiosity will do the trick.
  2. Content is king, but if you don’t write about the right stuff then you won’t show up. Check which topics Google suggests following inside of Discover to see if those topics align with your website. If it does, consider using their suggested topics as a guide to what people are interested in and write similar content. Of course, you don’t want to copy others, you want to go above and beyond so you can one-up your competition. Use Brian Dean’s skyscraper technique to do this.
  3. Hopefully, when you’re creating your website content, you’re already taking some time to think about maximizing your content. What do I mean by that? Maximizing your content means thinking about your website as an API for your content. So yes, your content lives on your site, but hopefully, you’re creating it keeping in mind how it can be posted or promoted in other areas so you can secure backlinks and attract social engagement across other relevant channels. To do this you need to focus on topics with shareability, topics that are trending, topics with growing interest, and also focus on leveraging clickbait and enticing titles and headlines. Remember that Google Discover is like a social feed. If you’re only trying to make your content work hard for you on your site, you’re not getting enough out of it.

Once you make a deliberate effort to go after Discover
traffic, it’s time to measure how you are doing.

Analyzing your traffic

Chances are, you use Google Analytics. But to see how well you are doing on Discover, it’s easier if you use Google Search Console.

Head over to Search Console and log in.

Now, on the left side, you’ll see a navigation menu.

I want you to click on “Discover.” (You’ll only see this option if you hit a minimum threshold in Discover traffic)

You’ll now see a report that looks something like this.

Compared to the screenshot I showcased earlier, I barely get
any Discover traffic.

Why you may ask?

Do you notice a trend with my chart? Well, I tend to publish content every Tuesday and that’s the day I get Discover traffic.

Similar to any other social network (and unlike traditional SEO), you mainly see traffic as you post new content. It’s not long-term traffic that is consistent, instead, you keep getting quick bursts of traffic.

I only blog once a week, but if I write multiple pieces of
content a day, my Discover traffic would skyrocket.

Conclusion

Whether you are a fan of Discover or not, it doesn’t matter. As a marketer, you need to look at it as another channel.

Data has already shown that it is popular and as long as
Google keeps pushing it, people will use it.

So why not leverage it to your advantage and harness it to drive traffic and sales for your site?

Plus, you should never rely on traffic from just one channel alone because the moment an algorithm change happens, it can crush your traffic. That’s why you need to take an omnichannel approach and leverage any relevant channel out there.

So, what do you think of Discover? Do you use it on your
phone? Have you thought about leveraging it for traffic to your site?

The post How I Generate 18,800 Visitors from Google Without SEO or Ads appeared first on Neil Patel.

How to Get More Organic Traffic Without Doing Any SEO (Seriously)

You
all know SEO is a long-term game… at least when it comes to Google.

And yes, who doesn’t want to be at the top of Google for some of the most competitive terms? But the reality is, we don’t all have the budget or time.

So
then, what should you do?

Well, what if I told you there were simple ways to get more organic traffic and, best of all, you don’t have to do one bit of SEO?

Seriously.

So,
what is it? And how can you get more organic traffic?

Well,
this story will help explain it…

The
old days

When
I first started my journey as an SEO, I got really good at one thing.

Getting
rankings!

Now to be fair, this was back in 2003 when it wasn’t that hard to rank on Google (or any other search engine for that matter).

Stuff some keywords into your page, your meta tags, and build some spammy rich anchor text links and you were good to go.

You
could literally see results in less than a month.

SEO wasn’t too complicated back then. So much so, that I even started an SEO agency and created a handful of sites.

I was starting to rank my sites at the top of Google but they didn’t make a dollar. Literally, not a single dollar.

In fact, I was actually losing money on them because I had to pay for the domain registration expenses and hosting.

So, one day I decided that I was tired of losing money and I was going to do something about it. I took the keywords that I was ranking for and started to type them into Google to see who was paying for ads for those terms.

I hit up each of those sites and tried to get a hold of the owner or the person in charge of marketing.

I asked them how much they were paying for ads and offered them the same exact traffic for a much lower price. I was able to do this because I already had sites that ranked for those keywords.

In other words, I offered to rent out my website for a monthly fee that was a fraction of what they were paying for paid ads.

Next thing you know I was collecting 5 figures in monthly checks and my “renters” were ecstatic because they were generating sales at a fraction of the costs compared to what they were spending on paid ads.

So, what’s the strategy?

Well, it’s simple. Back in the day, I used to rent out my websites… the whole site.

These
days I’ve learned how to monetize my own site, so I don’t rent them out.

But you know what, most of the sites that rank on Google are content-based sites. Over 56% of a website’s organic traffic is typically going to their blog or articles.

So why not rent a page on someone else’s site? From there, modify that page a bit to promote your products or services?

I
know this sounds crazy, but it works. I have one person that just reaches out
to site owners asking if we can rent out a page on their site. We do this for
all industries and verticals… and when I look at how much we are spending
versus how much income we are generating, it’s crazy.

Here are the stats for the last month:

Rental
fees: $24,592

Outreach costs: $3,000

Legal
costs: $580

Copywriting
and monetization costs: $1,500

Total
monthly cost: $29,672 

Now
guess what my monthly income was?

It
was $79,283.58.

Not
too bad.

Now
your cost on this model won’t be as high as mine because you can do your own
outreach, monetize the page you are renting on your own, and you probably don’t
need a lawyer.

And don’t be afraid of how much I am spending in rental fees as you can get away with spending $0 in the first 30 days as I will show you exactly what to do.

Remember, it’s also not what you are spending, it’s about profit and what you are making. If it won’t cost you any money in the first 30 days and you can generate income, your risk is little to none.

Here
are the exact steps you need to follow:

Step
#1: Find the terms you want to rank for

If
you already know the terms you want to rank for, great, you can skip this step.

If you don’t, I want you to head to Ubersuggest and type in a few of your competitors’ URLs.

Head
over to the top pages report and look at their top pages.

Now
click on “view all” under the estimated visits column to see a list of
keywords that each page ranks for.

I want you to create a list of all of the keywords that contain a high search volume and have a high CPC. Keywords with a high CPC usually mean that they convert well.

Keywords
with a low CPC usually mean they don’t convert as well.

When
you are making a list of keywords, you’ll need to make sure that you have a
product or service that is related to each keyword. If you don’t then you won’t
be able to monetize the traffic.

Step
#2: Search for the term

It’s
time to do some Google searches.

Look
for all of the pages that rank in the top 10 for the term you ideally want to
rank for.

Don’t
waste your time with page 2.

What
I want you to look for is:

  • Someone who isn’t your competitor. Your competition isn’t likely to rent out a page on their site to you.
  • A page that isn’t monetized. Not selling a product or service. (If the page has ads, don’t worry.)
  • A site owned by a smaller company… a publicly-traded company isn’t likely to do a deal. A venture-funded company isn’t likely to do a deal either (Crunchbase will tell you if they are venture-funded).

Step
#3: Hit up the website

Typically, through their contact page, they should have their email addresses or phone number listed. If they have a contact form, you can get in touch that way as well.

If
you can’t find their details, you can do a whois
lookup to see if you can find their phone number.

What’ll
you want to do is get them on the phone. DO NOT MAKE YOUR PITCH OVER EMAIL.

It
just doesn’t work well over email.

If
you can’t find their phone number, email them with a message that goes
something like this…

Subject: [their website name]

Hey [insert first name],

Do you have time for a quick call this week?

We’ve been researching your business and we would like to potentially make you an offer.

Let me know what works for you.

Cheers,

[insert your name]

[insert your company]

[insert your phone number]

You
want to keep the email short as I have found that it tends to generate more
calls.

Once you get them on the phone, you can tell them a little bit about yourself. Once you do that, tell them that you noticed they have a page or multiple pages on their website that interest you.

Point
out the URL and tell them how you are interested in giving them money each
month to rent out the page and you wouldn’t change much of it… but you need
some more information before you can make your offer.

At this point, you’ll want to find out how much traffic that page generates and the keywords it ranks for. They should have an idea by just looking at their Google Analytics (you’ll find most of these sites don’t use Google Search Console).

Once
you have that, let them know that you will get in touch with them in the next
few days after you run some numbers.

Go back, try to figure out what each click is worth based on a conservative conversion rate of .5%. In other words, .if 5% of that traffic converted into a customer, what would the traffic be worth to you after all expenses?

You’ll
want to use a conservative number because you can’t modify the page too
heavily or else you may lose rankings.

Once
you have a rough idea of what the page is worth, get back on the phone with
them and say you want to run tests for 30 days to get a more solid number on
what you can pay them as you want to give them a fair offer.

Typically,
most people don’t have an issue because they aren’t making money from the page
in the first place.

Step
#4: Monetize the page

If
you are selling a product, the easiest way to monetize is to add links to the
products you are selling.

For
example, if you are selling a kitchen appliance like a toaster, you can add
links from the article to your site.

Just
like this article.

The easiest way to monetize a blog post is to add links to products or services you are selling.

Don’t delete a lot of the content on the page you are modifying… adding isn’t too much of an issue but when you delete content sometimes you will lose rankings.

As
for a service-based business, linking out to pages on your site where people
can fill out their lead information is great.

Or you can just add lead capturing to the page you are renting out. Kind of like how HubSpot adds lead forms on their site.

I’ve actually found that they convert better than just linking out to your site.

When monetizing the page you are renting, keep in mind that you will need disclaimers to let people know that you are collecting their information for privacy purposes. You also should disclose you are renting out the page and nofollow the links.

Once you are monetizing the page for a bit, you’ll have a rough idea of what it is worth and you can make an offer on what you’ll page.

I recommend doing a 12-month contract in which you can opt-out
with a 30-day notice.

The reason you want a 12-month agreement is that you don’t want to have to keep renegotiating. I also include the 30-day opt-out notice in case they lose their rankings, you can opt-out.

And to clarify on the op-out clause, I have it so only I can opt-out and they are stuck in the agreement for a year.

Conclusion

SEO isn’t the only way you can get more organic traffic.

Being creative, such as renting pages that already rank is an easy solution. Best of all, you can get results instantly and it’s probably cheaper than doing SEO in the long run.

The only issue with this model is that it is really hard to
scale.

If I were you, I would do both. I, of course, do SEO on my own site because it provides a big ROI. And, of course, if you can rent out the pages of everyone else who ranks for the terms you want to rank for, it can provide multiple streams of income from SEO.

The beauty of this is model is that you can take up more than one listing on page 1. In theory, you can take up all 10 if you can convince everyone to let you rent their ranking page.

So, what do you think of the idea? Are you going to try it out?

The post How to Get More Organic Traffic Without Doing Any SEO (Seriously) appeared first on Neil Patel.

Ubersuggest 6.0: Track and Improve Your Rankings Without Learning SEO

I’ve been an SEO for roughly 17 years now.

And one thing that has remained constant, no matter how much
you know about SEO, there is just too much to do.

So much so, that most SEOs don’t even optimize their own websites anymore. And if they do, you’ll find that their site doesn’t rank for many competitive terms.

Why?

Because it is a lot of work!

That’s why I’m excited to announce Ubersuggest 6.0.

It now tracks and improves your rankings, even if you don’t have an SEO bone in your body.

So, what’s new?

Dashboard and login

First off, you can now keep track of all of your websites.
You’ll have to register to
use this feature, but don’t worry, it’s free.

Once you register, you’ll be dropped into a dashboard.

Now for me, I’m already tracking a few websites. Which is why
my dashboard is already populated.

The dashboard will keep track of your SEO errors, link
growth (or decline), your monthly search traffic, your overall search rankings,
and any SEO errors that you need to fix.

Best of all, it crawls your website for you each and every week so you don’t have to worry about keeping up with Google’s latest algorithm changes.

And with the search rankings feature, you can automatically track how your rankings are changing on a daily basis.

Rank tracking

Within each site you add to the dashboard, you’ll be able to
automatically track your rankings for any specific keyword.

Not only are you able to track your rankings on desktop devices, but Ubersuggest also shows how you rank on mobile devices.

If you want to track specific keywords, all you have to do is click Add Keywords and it will pull a list of suggestion from your Google Search Console. Of course, you can also track any other keyword even if it doesn’t show up in your Search Console.

What’s also cool is that you have the ability to track your rankings in any country, city, or region. That means if you do local SEO or international SEO, you can see your rankings anywhere.

There’s also a date picker so once you’ve been using
Ubersuggest for a while, you’ll be able to see a nice chart of how your
rankings are improving over time.

Conclusion

What’s great about these changes is you can now directly see how Ubersuggest is helping you grow your search traffic.

It will automatically keep track of all of your changes and
notify you when it finds any new SEO issues to fix.

And over the next few months, you’ll see a few more features added that will make your life even easier.

One example is that I’ll introduce email alerts so that you don’t have to log into Ubersuggest anymore and it emails you when there is an issue that needs your attention.

I’ll also be adding in competitive analysis features. You’ll be able to track your competitors and be notified when they make an SEO or marketing change that you should look at.

And my long-term goal is to make it so you don’t even have to code or make any changes manually. Ubersuggest will eventually be able to go into your website and make these fixes for you. However, this feature won’t happen until next year sometime.

So, what do you think of the new Ubersuggest? Give it a try… make sure you create your free account.

PS: If you missed it, I released some cool features like local keyword research and a billion-plus keyword database last week. Click here to get the update on those new Ubersuggest features.

The post Ubersuggest 6.0: Track and Improve Your Rankings Without Learning SEO appeared first on Neil Patel.