Money Tips: She helps women business owners secure up to $100,000 in 100 days or less.
The Steve Harvey Morning Show13 Tammi

Money Tips: She helps women business owners secure up to $100,000 in 100 days or less.

Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Katrina Fitten.

Purpose of the Interview

The interview aims to educate entrepreneurs—especially women business owners—on how to secure funding responsibly, avoid scams, and develop a strategic financial plan. It also highlights Katrina Fitten’s expertise as CEO/CFO of New Day for You Financial and her mission to help startups and small businesses access capital.

Key Takeaways

  1. Funding Opportunities & Qualifications

    • Katrina helps women business owners secure up to $100,000 in 100 days or less, with same-day approval and next-day funding.
    • Basic qualifications include:
      • Credit score of 680+
      • Existing credit lines (at least $10,000)
      • A clear business mission and low-risk profile.

  2. Avoiding Scams

    • Beware of unsolicited emails/texts promising easy money.
    • Do your homework:
      • Check companies on Better Business Bureau (BBB).
      • Look for testimonials and partnerships with reputable banks (e.g., Chase, American Express).
    • Never share sensitive information without verifying legitimacy.

  3. Importance of a Business Plan

    • Funding is not free money—you need a strategic plan.
    • Katrina calls it a “money mission”: know exactly how funds will be deployed.
    • Without a plan, money disappears quickly, leading to debt and bad credit.

  4. Family & Friends Lending

    • Treat personal loans like business loans:
      • Have written agreements with terms, repayment schedule, and penalties.
      • Decide upfront if it’s a gift or a loan.

  5. Services Offered by New Day for You Financial

    • SBA loans, equipment loans, purchase order financing.
    • Lines of credit and 0% interest credit cards (18–21 months).
    • Credit card stacking for higher funding amounts.
    • Credit restoration referrals for those with poor credit.

  6. Success Story

    • Example: A tax accountant secured $160,000 in less than a week due to strong credit, revenue history, and a solid business plan.

Notable Quotes

  • “If you don’t have a plan for your money, your money will have a plan—and you’ll look up and it’s gone.”
  • “We don’t want to be out here racking up good debt and then you’re not going to be responsible.”
  • “You have to vet companies. Go to BBB, Google them, and check their credibility.”
  • “If I give you money, I decide—is it a gift or a loan? There are rules to borrowing money.”
  • “We say if you don’t get anything, we don’t get paid.”

#SHMS #STRAW #BEST

Support the show: https://www.steveharveyfm.com/

See omnystudio.com/listener for privacy information.

Jaksot(3922)

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