How He Unlocked $1.5M of 0% Business Funding Without Tax Returns - Evan Rugan E452

The Rich Somers Report

Rich Somers

Business, Investing

5.0 • 1K Ratings

🗓️ 20 January 2026

⏱️ 41 minutes

🔗️ Recording | iTunes | RSS

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Summary

Rich Somers sits down with Evan Rugan to break down how he unlocked $1.5M in 0% business funding—without tax returns—and why most entrepreneurs misunderstand how access to capital actually works. Evan explains how proper entity setup, credit positioning, and timing open funding opportunities most people never see. The conversation covers how banks evaluate risk, why personal credit often matters more than income early on, and how disciplined operators use leverage as a tool—not a lifeline. Th...

Transcript

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0:00.0	Hey guys, real quick, my company Summers Capital will be adding two more boutique hotels to our portfolio here in 2026 and we don't do it alone. We partner with busy professionals and business owners looking for passive income and tax benefits but don't have the time to do it actively. So if this sounds like you, go to Summers Capital.com slash invest to join our investor wait list. Now back to the show. I have 50,000 in personal limits and 1.5 million in business limits. I don't use the personal side because it's useless. The real beauty of business credit is if you get, I have a $108,000 chase card. If I max it out, if I run it up to $108,000, my personal credit stays intact. It's still an 825 credit score. If I do it on the personal side with a personal credit card, it blows it up.
0:39.6	It blows it up. Yeah. And that's the trap I see so many Americans getting into. And that's why, you know, Trump is like, oh, I'm going to put a 10% cap on it. It's because people run it up on the personal side for something and then they can't get out of it. And then they have a 550 credit score because utilization is 35% of your credit.
0:55.4	And they can't get out of it.
0:56.2	And they're just stuck in that life forever. and then they can't get out of it. And then they have a 550 credit score because utilization is 35% of your credit
0:55.1	and they can't get out of it
0:56.2	and they're just stuck in that life forever.
0:59.0	Welcome to the Rich Drummers Report
1:00.5	where we talk real estate, business,
1:02.4	and wealth building all while keeping it real.
1:04.6	No fluff, no BS.
1:06.3	I hope that you enjoy the show.
1:12.6	All right, guys, today I got someone who specializes in getting unlimited funding to business
1:19.7	owners in less than 30 days, often in 0%.
1:22.9	I got my man Evan Rugen in the building.
1:25.8	What's up, Evan?
1:26.5	What's good, baby?
1:27.3	How are we living?
1:27.9	Oh, man, we are living so good, dude.
1:29.8	I am so, so excited for today's conversation, man. This is a hot topic right now, especially as we get into 2026, new year. A lot of people want to start businesses or they already have a business looking for some funding. and we're going to drop some game today on today's pod,
1:43.8	so I'm excited.
1:44.8	Fax me too, man.
1:45.5	Yeah, man.
	...

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