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10-14-2015, 11:22 AM
the main two methods I looked at were the paypal and facebook methods Chris mentioned in the sales letter.
The Paypal method is basically applying for a Working Capital Loan from Paypal. He says to do this since the way paypal gets the money back from you is by taking a certain percentage of each of your sales until the loan is paid back in full. According to him, you can do this time after time as long as you pay the loan back and eventually be able to request $85,000 for marketing funds. It isn't credit based.
While this CAN work, the thing is that you need to receive steady payments before and after you apply since paypal looks at your sales history from the past 12 months to determine just how much you can get as a loan.
He suggests that people with new accounts spend 90 days making sales and using the new account regularly. From what i've seen online, you can be denied a loan for the smallest things.
Next is the Facebook Ad Billing Threshold and how to raise it since to extremely high amounts by spending it and paying back each amount and the goal is, of course, to make more than what your billing threshold is in facebook ads so you can pay it back easily at the end of the month and raise the threshold higher and higher each time.
now both of these can help immensely but you need to have some money coming in for various reasons for these two plans to actually work.
The Paypal method is basically applying for a Working Capital Loan from Paypal. He says to do this since the way paypal gets the money back from you is by taking a certain percentage of each of your sales until the loan is paid back in full. According to him, you can do this time after time as long as you pay the loan back and eventually be able to request $85,000 for marketing funds. It isn't credit based.
While this CAN work, the thing is that you need to receive steady payments before and after you apply since paypal looks at your sales history from the past 12 months to determine just how much you can get as a loan.
He suggests that people with new accounts spend 90 days making sales and using the new account regularly. From what i've seen online, you can be denied a loan for the smallest things.
Next is the Facebook Ad Billing Threshold and how to raise it since to extremely high amounts by spending it and paying back each amount and the goal is, of course, to make more than what your billing threshold is in facebook ads so you can pay it back easily at the end of the month and raise the threshold higher and higher each time.
now both of these can help immensely but you need to have some money coming in for various reasons for these two plans to actually work.
