About Jeff Shada:

For over 40 years, Jeff Shada has been an entrepreneur and a senior executive, serving in roles from Vice President to C-Level across a wide range of industries. His career spans everything from startups and small-to-medium enterprises to multi-billion-dollar Fortune 200 corporations. Often holding multiple leadership roles simultaneously, Jeff understands what it means to be busy—and to be deeply invested in a company’s success.

Over the course of four decades, Jeff has navigated both booming economies and severe recessions. While one might assume that prosperous times would be the most rewarding, Jeff has found that value and insight often emerge during the most challenging periods.

What stands out throughout his extensive experience is a core truth: regardless of the industry, size, or stage of growth, every business shares a fundamental need—access to capital and credit.

In this episode, your hosts, Jason and Scott, together with Jeff Shada discuss:

• Separate Personal and Business Credit
• Avoid Personal Guarantees
• Build Digital Business Imprint
• Understand Business vs. Commercial Credit
• Leverage Vendor Credit for Business Growth

Key Takeaways:

• Personal guarantees can devastate your financial future, and entrepreneurs must understand the risks of signing away personal assets when securing business loans.
• Building business credit is a strategic process that requires intentional effort.
• Lenders evaluate businesses differently from individual credit profiles, and your business's digital footprint and credit reputation can dramatically impact your ability to secure funding.
• Vendor credit represents a powerful scaling mechanism for businesses of all sizes.
• Education is the cornerstone of financial protection in business, and seeking guidance from experienced professionals can help navigate the complex landscape of business credit and lending.

"Knowing that you don't know means you have an awareness about the subject.” — Jeff Shada

Connect with Jeff Shada:

LinkedIn: https://www.linkedin.com/in/jshada1/

Website: https://bizcreditsolution.com/

https://www.laughlinbizcredit.com/

Connect with Jason and Scott:

Website: https://henderxcapital.com/masteryourmillions

X (Twitter): @MasterYourMs https://twitter.com/MasterYourMs

Facebook: https://www.facebook.com/groups/realestateinvestorsofutah

Instagram: @henderxcapital https://www.instagram.com/henderxcapital/

@jasonihenderson https://www.instagram.com/jason.henderson/

Email: jasonchem@gmail.com, scott@henderxcapital.com