Many business owners agree that a small business credit card can serve as a valuable financial tool for their corporation. Having access to a revolving line of credit is one reason why small business credit cards appeal to owners of small or start-up businesses. Similar to traditional unsecured credit cards, a small business credit card will charge interest on unpaid balances which makes finding a card with an attractive, low interest rate important. The following factors should be taken into consideration before applying for a small business credit card.
Benefits of Small Business Credit Cards

Both consumers and business owners can take advantage of online tools and year end account summaries which track and categorize expenses. This feature makes bookkeeping easier while … (more) May 1, 2009

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You know about business credit cards, what they are designed for and who applies for them. But you have, probably, also heard about corporate credit cards. Many people suppose that business and corporate credit cards are the same things. Actually, some years ago I was no exception. I also believed that corporate credit cards is just another name for business plastics.
So what are these two notions? Different credit products or just differently-named credit cards created to meet the needs of business owners?
In fact, business and corporate credit cards are not just two different names for the same product. They can be defined as sub-types of the credit card deals designed for satisfying business people’s demands and help advancing businesses. To … (more) April 8, 2008

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Say you have a small business. You do everything right, your business prospers. But you are not the only owner. You share the business with a partner. And it’s common practice for business owners to have business credit cards. With such plastics you can control all company’s expenses and get business related bonuses. It’s convenient and profitable.
But choosing a partner you are not just to weigh all his or her business and personal qualities. Imagine that you are choosing a future wife or a husband. You need to be 100% sure in your partner, maybe even more confident than you are about yourself. Only in case you can rely on your partner and entrust him or her the company’s management, … (more) February 26, 2008

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Some people think secured credit cards are for people who just cant get any other financing. While it’s true that individuals with less than perfect credit can still get a secured credit card, many secured options offer just as many benefits as traditional cards and should not be over looked as a valuable form of business credit.
If your business is just starting, it won’t have a credit history. It’s very much like a teenager who has just graduated high school- it can be difficult to get a credit card because you haven’t yet established credit worthiness. So if you’re a business owner, you should not rule out the secured card option when it comes to applying for business credit cards.
Secured … (more) October 20, 2007

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It’s not very common anymore, but many businesses used to require a minimum dollar amount for business credit card purchases. Ever wonder why?
Or perhaps you’ve noticed that a lot of places don’t take certain credit cards, but they take other cards without a problem. Did that ever strike you as odd?
The reasons for these subtleties of credit cards have to do with the business credit card processing arrangements that credit card companies have with businesses. And as a business owner or manager yourself, these are things that you should know about, especially if you’re considering a move to receiving payments via credit card.
There are lots of benefits to a business that can receive payments by credit card, but there are … (more) September 11, 2007

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Before getting a business credit card, a business owner should do his or her homework. There are plenty of things out there that are good impulse buys (magazines, chocolates, and small things) but a business credit card is not something that should be decided upon by feel. A credit card requires a commitment, and in the same way you wouldn’t marry someone simply because they told you how great they were, you shouldn’t get a credit card simply on first impressions.
A good starting point for your research into business credit cards is with the terminology. Getting a solid grounding in what all those words and abbreviations mean will help you to much more easily get through all the ‘legal-ese’ in … (more) September 8, 2007

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