If you’re thinking about starting a business, the most important question you should ask yourself is “Can I get my business credit card?” The answer is yes however the process of applying for an enterprise credit card can be confusing and overwhelming. Here are some things you should know about the process of getting a credit card.
Best Commercial Truck Title Loans – Kings County, New York
Brex offers a wide variety of financial services, including corporate credit cards, spend management, and expense management software. Brex provides a complete financial solution for entrepreneurs.
The Brex Card, or Brex for Startups, is a credit card that helps startups build their credit history. The cardholders don’t have to pay any interest and don’t have to provide an individual guarantee. Instead, applicants are assessed by company business model and spending habits.
Users can get 100 percent credit. This limit is determined by the amount of money customers have in their Brex Cash account. Every day the Brex Card draws from the account to determine the limit of its spending.
You can earn valuable rewards by using a Brex Corporate credit card. Brex Travel offers four points when you book travel. You can also earn three points on dining.
Advanta Equipment Loan – Brooklyn, New York
Capital on Tap
Capital on Tap is a one-stop small business credit card and spend management tool. The card offers a slew of benefits including a standard 1.5 percent cash-back rate on all purchases. The card doesn’t have annual fees and doesn’t require any other conditions other than a good credit rating.
If you are a new business, the benefits of using the low-interest business credit cards can be extremely appealing. It is also possible to consider a business credit card that offers additional protection.
Business credit cards with low interest are very convenient because you don’t have the worry of managing multiple credit cards or worrying about how much money you’ll have to pay each month. This is particularly true if you are looking to finance large expenses.
Ink Business Preferred credit card
The Ink Business Preferred Card is one of the most popular business credit cards for startups. It offers many advantages, such as a huge reward for signing up as well as purchase protection as well as travel perks. However, it also has several drawbacks.
The Ink Business Preferred Card may not be the best choice for you. There aren’t any APR introductory promotions to be found, and the spending cap could be too low for your business. It’s not the most efficient points-earning strategy.
Best Hard Money Lender Site:Biggerpockets.Com – Brooklyn, New York City
The Ink Business Preferred Card, however it comes with a variety of other beneficial features, such as liability coverage as well as primary coverage for car rentals, shopping protection, and primary coverage for rental cars. If you’re a small-sized business owner, you’ll definitely benefit from these perks.
Moreover that, the Ink Business Preferred Card is a great opportunity to earn points. Spend in specific categories and you’ll earn three points per dollar. For example when you spend $500 on purchases on your card in the first three months, you will receive a 100,000 point welcome bonus.
The Divvy card is a great choice for entrepreneurs who are starting their business and looking for a business card. This kind of card comes with many advantages and features. It also lets you monitor your business expenses.
Divvy can be used with accounting software, allowing users to quickly view the financial expenses. You can then create budgets, set limits, and request money. Additionally, Divvy allows you to set a maximum spending limit for your employees.
Divvy also offers corporate cards. These cards look at your company’s finances and decide how much you’ll need to spend each month. Unlike traditional business credit cards, Divvy is not a requirement for personal guarantees.
However, Divvy doesn’t disclose interest rates on its website. It is important to find out the interest rate of the company before you apply.
Realtymogul Hard Money Lender – Brooklyn, New York City
Chase Ultimate Rewards
Business credit cards can be used to get the most favorable interest rates for business loans and provide valuable rewards. Chase Ultimate Rewards business credit cards can earn bonus points which can be converted into cash back. Some cards offer rewards for shopping and traveling, and others can be used to to build credit for your business.
Apart from the top business credit cards from Chase, there are other credit card issuers are available to. However, you should consider the way you intend to make use of a particular credit card. It is crucial to choose the appropriate corporate credit card for your needs.
Small-scale business owners will find the Ink Business Preferred(r) Credit Card a great option. The card is a good option for earning rewards for various purchase categories and even covers employees’ mobile phone costs.