Loft Six Four — Credit Card Spend Analysis

Chase Southwest Rapid Rewards Business Card  •  Dec 2023 – Jan 2026  •  3,040 transactions  •  $366,786 total
Overview
Spending Categories
Trends & Patterns
Trip Tracker
Top Merchants
Subscriptions
CFO Insights
Total Spend (25 months)
$366,786
3,040 transactions
Monthly Average
$14,671
~122 transactions/mo
2024 Total
$159,079
1,405 transactions
2025 Total
$159,144
1,527 transactions (+8.7% txns)
Avg Transaction
$120.65
Median ~$30
Highest Month
$46,590
Jan 2026

Monthly Spending Trend

Spending by Category

Quarterly Spending Comparison

Spending by Category

CategoryTotal% of SpendTxnsAvg/TxnMonthly Avg

Trip Tracker

Total Travel Spend
$8,973
2.4% of total
San Diego Trips
$5,966
Multiple Scalable trips
Phoenix/Scottsdale
$1,824
Nov 2025
Other Travel
$1,183
Denver, Heber, St George, etc.

Top 30 Merchants by Total Spend

MerchantTotalTxnsAvg/TxnCategory

Recurring Subscriptions & Services

Software & Subs Total
$91,302
24.9% of all spending
Est. Monthly Software
$3,652
$43,824/yr run rate
Scalable OS Total
$37,486
Largest single vendor
Telecom Monthly
$849
Comcast + AT&T

Software & Subscription Spend by Vendor

ServiceTotal SpendMonths Active~Monthly CostNotes
Scalable.co (Scalable OS)$37,48617$2,205$15K annual + $2.5K/mo coaching (started Aug 2025)
Ecografx$22,4603$7,487Large annual/project charges — Jan 2024, Jan 2025, Jan 2026
Comcast/Xfinity (Home)$8,257~24$344Home internet/cable
Adobe Creative Cloud$6,010~24$250Multiple CC licenses (2 seats?)
Comcast Business$5,902~15$393Office internet
AT&T$5,82225$233Mobile phone plan
Easton University$4,99010$499Monthly education/coaching program
Monday.com$3,7182$1,859Annual billing (Apr 2024 + Apr 2025)
Google Workspace$3,42824$143Monthly G Suite
WordPress/WePropagate$3,12525$125Website hosting/maintenance
Trimble (SketchUp)$2,9942$1,497Annual license
Intuit/QuickBooks$2,70925$108Accounting software
Harvest (Time Tracking)$2,2274$557Quarterly billing
Soulence Tax & Wealth$32,930~24$1,372Tax prep, bookkeeping, wealth advisory
Apple (Services)$23,479~24$978Includes hardware purchases + iCloud/services
Loom$1,008~16$63Video messaging
Canva$750~20$38Design tool (Pro plan)
OpenAI/ChatGPT$686~16$43ChatGPT Plus
Anthropic/Claude$536~12$45Claude Pro
Planoly$325~20$16Social media scheduling

CFO Insights & Recommendations

🔴 Software & Subscriptions = 25% of All Card Spend ($91K)

This is your single largest category and it's climbing. In 2024 you spent $36K on software; in 2025 it jumped to $42K (+17.5%). The Scalable OS commitment alone is $37.5K over the period. Combined with Ecografx ($22K), Monday.com ($3.7K), Adobe ($6K), and Harvest ($2.2K), your SaaS stack is running at roughly $3,650/month. For a firm doing ~$57K/month in revenue, that's 6.4% of revenue on software alone — above the 3-5% benchmark for professional services firms. Recommendation: Audit every subscription for actual utilization. Are you using Harvest AND Monday? Do you need two Comcast lines?

🔴 Soulence Tax & Wealth: $32,930 Over 25 Months ($1,372/mo)

Your accountant/tax advisor is the 2nd highest vendor on this card. That's $16,500/year. For a firm at $850K revenue, that's nearly 2% of revenue on accounting alone. Industry benchmark for a firm your size is 0.5-1%. Consider whether the wealth advisory component is delivering measurable ROI, or if you could unbundle tax prep from advisory services.

🟡 Scalable OS Spend Escalated Significantly in 2025

You paid $15K as an annual fee in Oct 2024, then starting Aug 2025, you're paying $2,500/month for coaching — that's $30K/year on top of the annual fee. Total Scalable commitment is approaching $45K/year. That's 5.3% of your $850K revenue (or 3.75% of your $1.2M 2026 target). The question isn't whether Scalable is good — it's whether the $2,500/mo coaching tier is producing measurably better results than the base membership. Track the before/after on your North Star metrics.

🟡 Jan 2026 Spike: $46,590 (3.2x Normal)

January 2026 was a massive outlier driven by: Apple hardware ($19,766 — likely new MacBooks/equipment), Ecografx ($12,260 — annual renewal), and a $2,987 Amazon order. If these are legitimate business investments, fine — but this kind of month destroys cash reserves. Recommendation: Spread large annual renewals across quarters where possible.

🟡 Gas & Fuel: $20,183 ($807/month)

You're spending $807/month across 722 transactions (avg $28/fill) at Exxon, Maverik, Chevron, Shell, etc. That's a LOT of gas stops — nearly 29/month. This suggests heavy local driving (site visits, client meetings). Consider whether a fuel card with better tracking would help separate business vs. personal, or whether some of this mileage could be billed back to projects.

🟢 Year-over-Year Spend is Flat ($159K vs $159K)

Despite growing the business, your credit card spend stayed essentially flat from 2024 to 2025. That's discipline. However, the MIX shifted — software went up 17.5% while "Large Purchase" one-offs went down. If revenue grows to $1.2M in 2026 while CC spend stays at $160K/year, that's a healthy 13% expense ratio on this card.

🟢 Southwest Rewards: Earning Solid Points

With $367K in spend at 1-3x points, you're earning roughly 400K-500K Rapid Rewards points over this period. At ~1.4¢/point value, that's $5,600-$7,000 in flight value. You're traveling to San Diego regularly — those flights are essentially "free" from the rewards perspective. Keep concentrating business spend on this card.

🟡 Dining: $27,911 ($1,116/month) — Business or Personal?

890 dining transactions averaging $31 each. Top spots: Fab Freddy ($3K), Chipotle ($2.6K), Chick-fil-A, In-N-Out, Jersey Mike's. This mix is heavily quick-service — likely a blend of personal lunches and team meals. If even half is personal, that's $14K/year in non-deductible spend on a business card. Consider a personal card for personal meals to clean up the deduction trail.

🟡 B2B Rocket: $8,945 — What Happened?

Two charges: $3,800 (Feb 2024) and $5,145 (May 2024). This appears to be a sales automation/AI outreach tool. Did it deliver ROI? No recurring charges after May 2024 suggests it was tried and abandoned. That's nearly $9K in sunk cost.

🟡 Costco Wholesale: $18,124 ($725/month)

94 trips averaging $193 each. This is likely a mix of office supplies, snacks, household goods, and personal shopping. At $725/month, it's worth auditing whether this is genuinely business or if personal Costco runs are ending up on the business card.

🔴 Estimated Monthly Recurring Overhead on This Card: ~$7,500

Adding up the identifiable monthly recurring costs: Scalable coaching ($2,500 since Aug '25), Soulence ($1,372), AT&T ($233), Comcast Home ($344), Comcast Business ($393), Google Workspace ($143), QuickBooks ($108), Adobe ($250), WordPress ($125), Easton University ($499), Loom ($63), Canva ($38), ChatGPT ($43), Claude ($45), Planoly ($16). That's ~$6,172/month in clear subscriptions, plus another $1,000-1,500 in smaller tools. Before you buy a single thing, $7,500/month is already committed.

Action Items

1. Run a SaaS Audit

Block 90 minutes with Nate. List every subscription. For each one: Who uses it? How often? What would we use instead? Cancel anything with less than weekly usage. Target: cut $500-$1,000/month.

2. Separate Personal from Business

Get a personal card for personal dining, Costco personal runs, gas for non-business driving. This will clean up your tax deductions AND give you a clearer picture of actual business expenses.

3. Negotiate Annual Renewals

Ecografx ($22K), Monday.com ($3.7K), Trimble ($3K), Harvest ($2.2K) — these are all annual or semi-annual charges. Call each vendor before renewal and ask for a discount. Even 10% saves $3K/year.

4. Evaluate the Scalable OS $2,500/mo Coaching Tier

You've been on it since August 2025. By February 2026, you'll have 6 months of data. Set a formal review: Has your pipeline, close rate, or average project value measurably improved? If not, consider stepping back to the base membership.

5. Monthly CC Review Habit

Set a recurring 30-minute slot on the 1st of each month. Pull the previous month's statement. Categorize the top 10 charges. Flag anything unexpected. This dashboard can be refreshed monthly to track progress.