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GM Business Approval = 20K nearly instant

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spiritcraft1
Valued Contributor

GM Business Approval = 20K nearly instant

I applied today after reading about the card here.  I have zero affiliation with Marcus or GS so I was cold app'ing. 

 

Approved conditionally, uploaded my DL and then got the approval email for 20K within a few minutes of applying. 

It was a soft pull.  Depending on who the soft pulled I am around 800 for FICO's with EX Biz somewhere around 50 as I let a few cards report a big balance this last month.  This should work out well as a GM EV will be in the cards sometime late next year depending on availability.


Biz |
Current F08 -
Current 2,4,5 -
Current F09 -
No PG Biz Credit in Order of Approval - Uline, Quill, Grainger, SupplyWorks, MSC, Amsterdam, Citi Tractor Supply Rev .8k, NewEgg Net 30 10k, Richelieu 2k, Wurth Supply 2k, Global Ind 2k, Sam's Club Store 11.k, Shell Fleet 19.5k, Citi Exxon 2.5k, Dell Biz Revolving $15k, B&H Photo, $5k

Message 1 of 7
6 REPLIES 6
bizcredit11
Frequent Contributor

Re: GM Business Approval = 20K nearly instant

Congrats @spiritcraft1 that's a great SL.

 

Could you elaborate...

 

"This should work out well as a GM EV will be in the cards sometime late next year depending on availability."

 

Educate us...

 

Thanks,

bizcredit11

 

Message 2 of 7
cashorcharge
Community Leader
Super Contributor

Re: GM Business Approval = 20K nearly instant

WooHoo!  Congratulations @spiritcraft1  on your GM Approval!!🎉🥂👏🏼

 

DP's refer to a personal EQ SP for approval. 

Message 3 of 7
babygirl1256
Senior Contributor

Re: GM Business Approval = 20K nearly instant

Congrats on your GM Business Card approval.

Starting FICO 8 Score in 06/2019: EQ-625, TU-649, EX-640
Current FICO 8 Score in 06/2021: EQ-796, TU-806, EX-812
Goal FICO 8 Score in 06/2022: EQ-825, TU-850, EX-850
Message 4 of 7
spiritcraft1
Valued Contributor

Re: GM Business Approval = 20K nearly instant


@cashorcharge wrote:

WooHoo!  Congratulations @spiritcraft1  on your GM Approval!!🎉🥂👏🏼

 

DP's refer to a personal EQ SP for approval. 


I have not seen anything from EX regarding a Biz hard pull but I might see a notice on that front today.  There was no personal HP though.


Biz |
Current F08 -
Current 2,4,5 -
Current F09 -
No PG Biz Credit in Order of Approval - Uline, Quill, Grainger, SupplyWorks, MSC, Amsterdam, Citi Tractor Supply Rev .8k, NewEgg Net 30 10k, Richelieu 2k, Wurth Supply 2k, Global Ind 2k, Sam's Club Store 11.k, Shell Fleet 19.5k, Citi Exxon 2.5k, Dell Biz Revolving $15k, B&H Photo, $5k

Message 5 of 7
spiritcraft1
Valued Contributor

Re: GM Business Approval = 20K nearly instant


@bizcredit11 wrote:

Congrats @spiritcraft1 that's a great SL.

 

Could you elaborate...

 

"This should work out well as a GM EV will be in the cards sometime late next year depending on availability."

 

Educate us...

 

Thanks,

bizcredit11

 


I have been closely following GM's EV progress for the last couple years and we are definitely in the market for a pure EV from them.  Our first preference is a Lyric or perhaps a fully optioned Equinox or something else depending on release dates.  Since the new law passed, we can take full advantage of the $7,500 tax credit and something similar from the state of Illinois...  currently $4k.  It is the right thing to do on many levels and fits with our green identity business wise.


Biz |
Current F08 -
Current 2,4,5 -
Current F09 -
No PG Biz Credit in Order of Approval - Uline, Quill, Grainger, SupplyWorks, MSC, Amsterdam, Citi Tractor Supply Rev .8k, NewEgg Net 30 10k, Richelieu 2k, Wurth Supply 2k, Global Ind 2k, Sam's Club Store 11.k, Shell Fleet 19.5k, Citi Exxon 2.5k, Dell Biz Revolving $15k, B&H Photo, $5k

Message 6 of 7
Conceptual23
Frequent Contributor

Re: GM Business Approval = 20K nearly instant

Nice SL, they offered me a whopping $1,500. 

Starting FICO 8s | 06/2018: EX 601 ✦ EQ 605 ✦ TU 590
Current FICO 8s | 9/2022: EX 732 ✦ EQ 739✦ TU 743
2023 Goal Score: 760+





Business Cards:


Message 7 of 7
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