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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It’s been said that you don’t know how much you’re capable of accomplishing until you start your own business. All of a sudden you are responsible for making decisions that require loads of knowledge and experience and it can be daunting.
The same is true for choosing a business credit card. There seem to be thousands out there and, in reality, there just may be that many. Each of them touts their benefits loudly while downplaying the requirements. Each of them claims to be the best. But there is not ‘best’. The important thing when getting a business credit card is to figure out which one is right for you.
So here’s the $10,000 question: what do you need?
Perhaps what you need … (more) September 2, 2007

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When you get a credit card for your business, you assume a new responsibility for the business. You’ve got a new, powerful way to get the supplies your business needs, but you’ve also got to make sure that you make payments on time, and avoid letting your business credit card debt get out of control. Here are some ways to make sure that you get the most out of a business credit card.
Buy and Pay Quickly – A great way to build credit for your business is to use your business credit card to purchase small things that you know you’ll be able to pay off in full when the bill arrives. Use it a couple times a month for … (more) August 30, 2007

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Choosing a business credit card is one of the most vital decisions for a business, especially if you are a small business, there is no shortage of companies offering business credit cards, however the question is not just which credit card to choose, but the thing worth knowing is how to choose a business credit card. There are specific criteria that contribute to making a great business credit card, and depending on the nature of your business, there is a business credit card that will meet your requirements and specifications.
The first thing to keep a look out for while getting a business credit card, is reading the fine print. I know every site you visit, probably says you should read … (more) July 28, 2007

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Business credit cards have become an increasingly popular asset for small businesses, business credit cards are helping numerous small businesses to expand and grow, without the lengthy paperwork of a commercial loan. A business credit card is tailor made to cater to the requirements of a business user, it could be by company executives, or it could be used by a small business looking to make business transactions without any additional hassles; in either case a business credit card is fast becoming a virtually indispensable requirement for a small business. In fact there is an increasing trend among business owners to make all office related purchases, using a business credit card.
There are two schools of thought that are currently in … (more) July 16, 2007

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