After going from zero business cards to receiving approximately $450,000 credit limits in the last year, the American entrepreneur Jack McColl aims to share his knowledge and skills to help other entrepreneurs in getting at least $100,000 worth of available credit to start and scale their businesses.
A full-time traveler for the past year and a half, Jack McColl directed his skills, perseverance, finances, and knowledge into creating a variety of businesses in his 20s. By the age of 27, he proudly became the founder of multiple successful 7-figure e-commerce based businesses, which was only possible through having access to hundreds of thousands of dollars in credit lines. Jack focuses on a technique called “credit stacking” which helps him and his students get approved for top cards with exceptionally high limits in a short period of time while keeping your personal credit score high.
Jack emphasizes the importance to entrepreneurs that funding a business with 0% business credit is my far the most beneficial, when compared to funding a business with personal savings, through an equity partner, or with a business loan. Through Jack’s preferred method, you are not paying any interest, keeping equity, and have the ability to put their cash in long term investments like stocks, crypto, and real estate to build long lasting wealth.
How Jack McColl Received $450k in Credit Limits In One Year?
With only getting approved for his first business credit card in April 2020, McColl’s “credit stacking” strategy fetched him a staggering $450,000 worth of credit limit approval in an impressively short time. He is now aiming to lock in $1M in his second year in business credit. The core fundamentals come down to a few things; personal credit optimization, banking relationships, and proper entity set up. When you pair that up with knowing what cards to apply for, when to apply for them, and knowing how to apply for them to see the best results you are setting out for success in terms of rapidly getting approved for large limits. McColl advocates how the power of his credit stacking strategy gives entrepreneurs the highest chance of success in business.
“The more you can borrow, the more you can make” – Jack
What is “Credit Stacking?”
McColl has transformed his learned skills into a digital format through his interest course named Credit Stacking. In this program, he talks about the hidden power of zero percentage interest credit cards, meaning and use of a good debt, and the ways to use business credit for generating a stable source of income for funding your company.
Credit Stacking is a weekly coaching program that runs for the duration of 6 months. McColl presents almost 20 hours of content that is intended to train entrepreneurs in the matter of credit, debt, and finance management. After the completion of this program, these entrepreneurs will have exponentially increased their chances of leveraging credit for their company’s success.