For those that are starting a business, one of the most important questions they’ll have to answer is “Can I get a business credit card?” The answer is yes however, the process of getting the business credit card could be overwhelming and confusing. Here are a few things you need to know about the process of obtaining a credit card.
C&F Commercial Loans – Brooklyn, New York
Brex 30
Brex offers a variety of financial services including corporate credit cards as well as spend management and expense management software. It provides an all-in-one financial solution for entrepreneurs.
The Brex Card, also referred to as Brex for Startups is a credit card that assists start-ups build credit histories. It doesn’t charge interest and don’t need to provide personal guarantees. Instead, applicants are evaluated by company business model and spending habits.
Credit limits of up 100 percent are permissible for applicants. The limit is determined by the amount of money customers have in their Brex Cash account. The Brex Card draws daily from the account to determine its spending limits.
With the Brex Corporate Credit Card, you can earn valuable rewards on purchases. For instance, you could earn four points when you travel booked through Brex Travel. Additionally, you can earn three points when dining out.
Livestockand Equipment Start Up Loan – Brooklyn, NY
Capital on Tap
Capital on Tap is an all-in-one small business credit card and spending management system. The card comes with a host of benefits including a flat 1.5 percent cash-back rate on all purchases. There are no annual fees and the card doesn’t have any other requirements aside from having a high credit score.
For a startup business it is possible to reap the benefits of a business credit card with low interest can be extremely appealing. It is also possible to look into a business credit card which offers additional security.
Business credit cards with low interest are very convenient because you’re not juggling the hassle of managing multiple credit cards or worrying about how much you can manage each month. This is especially true if you are looking to finance large expenses.
Ink Business Preferred credit card
The Ink Business Preferred Card is one of the most sought-after business credit cards for startups. It comes with a variety of benefits, including a high sign up bonus as well as purchase protection along with travel perks. It does have some drawbacks.
The Ink Business Preferred Card may not be perfect. There aren’t any promotional APR promotions to be found, and the spending cap could be too low for your business. It’s also not the most effective points-earning program.
Hard Money Lender Falmouth Ma – Kings County, New York
The Ink Business Preferred Card, however, offers many other useful features such as liability coverage as well as primary coverage for car rentals, shopping protection, and primary coverage for rental cars. As a small-scale business owner, you’ll definitely benefit from these perks.
Furthermore, the Ink Business Preferred Card is an excellent method to earn points. If you make purchases in certain categories, you’ll earn three points per dollar you spend. For instance, if add $500 worth of purchases to your credit card during the first three months, you’ll get an offer of 100,000 points.
Divide
Divvy is an excellent choice for startup business owners looking for business cards. This card comes with a wide range of benefits and features. You can also keep track of your business expenses using this card.
Divvy can be integrated with any accounting software that allows users to see their financial expenses. The program lets you create a budget, limit spending, and request funds. Additionally, Divvy permits you to set a spending limit for your employees.
Divvy also offers a corporate credit card for businesses. These cards analyze your business’ finances and help you decide what amount of money you should spend every month. Divvy does not require personal guarantees unlike traditional business credit cards.
However, Divvy does not disclose any interest rates on its website. Therefore, it’s important to learn about the rates offered by the company before submitting an application.
Arizona Hard Money Lender Association – Kings County, NY
Chase Ultimate Rewards
Business credit cards can be an opportunity to secure the most favorable interest rates on business loans. They can also provide valuable rewards. For instance the Chase Ultimate Rewards business credit card provides bonus points which can translate to cash back. Some cards offer rewards for shopping and travel and others can be used to improve your credit score.
Aside from the best business credit cards from Chase and other credit card issuers that you can choose from. However, you should consider how you will utilize a specific credit card. It is essential to locate an enterprise credit card that will meet your specific requirements.
Small business owners will find the Ink Business Preferred(r), Credit Card an excellent option. This card is a great way to earn rewards on different categories of purchases as well as covers cell phone bills.