If you’re starting a business, one the most important questions they’ll need to answer is “Can I get a business credit card?” While there is a yes answer it can be a bit daunting and confusing to apply for an enterprise credit card. Here are a few things to be aware of before obtaining a credit card.
Chase Bank Business Loan Requirements – Brooklyn, New York
Brex 30
Brex offers a variety of financial services including corporate credit cards along with spend management and expense management software. Brex provides a complete financial solution for startups.
The Brex Card, or Brex for Startups, is an account that helps startups establish their credit history. Applicants don’t pay interest or provide personal guarantees. Instead, applicants are rated by the company’s business model and spending habits.
Customers can get up to a 100 percent credit limit. This limit is by the amount of money in the customer’s Brex Cash account. The Brex Card draws daily from the account to determine its spending limits.
You can earn valuable rewards when you use the Brex Corporate credit card. Brex Travel offers four points for booking travel. You can also receive three points when dining out.
Industrial Equipment Loan – Kings County, NY
Capital on Tap
Capital on Tap is a all-in-one small business credit card and a spend management solution. The card comes with a host of benefits including a flat 1.5% cash back rate on all purchases. The card is free of annual fees and doesn’t have any other conditions other than a good credit rating.
A low-interest business credit card is a great choice for new businesses. A business credit card that comes with added security may be a viable option.
Business credit cards with low interest are extremely convenient since you don’t have the worry of managing multiple credit cards or worrying about the amount of money you can afford each month. This is especially true if are planning to finance significant expenses.
Ink Business Preferred Credit Card
The Ink Business Preferred Card is one of the most well-known business credit cards for new businesses. It offers many advantages, including a large sign up bonus along with purchase protection, as well as travel perks. It does have some drawbacks.
The Ink Business Preferred Card may not be ideal. There are no introductory APR promotions and the spending limit might not be suitable for your business. It’s also not the most effective point-earning option.
Trillion Hard Money Lender – Brooklyn, NY
The Ink Business Preferred Card, on the other hand provides a range of useful features such as liability coverage, primary car rental coverage, shopping protection, and primary car rental coverage. These benefits are ideal for small business owners.
The Ink Business Preferred Card is another great method to earn points. Spend in specific categories and you’ll earn 3 points for every dollar. For instance, if add $500 worth of purchases to your card during the first three months, you’ll get an offer of 100,000 points.
Divvy
If you’re a startup business owner in search of a business credit card you might want look into Divvy. This card has a variety of advantages and features. You can also track your business expenses with this card.
Divvy can be used with any external accounting software to allow users to monitor their financial expenses. The program allows you to create a budget, restrict spending and request money. Divvy also allows you to set an expense limit for your employees.
Divvy also offers a corporate credit card for companies. These cards look at your company’s financial situation and decide on how much you’ll need to spend every month. As opposed to traditional business credit card, Divvy does not require a personal guarantee.
However, Divvy does not disclose any interest rates on its website. It is important to find out the company’s interest rate before you apply.
Hard Money Lender’ – Brooklyn, NY
Chase Ultimate Rewards
Business credit cards can be used to obtain the most competitive interest rates for business loans, and also provide valuable rewards. For example a Chase Ultimate Rewards business credit card can earn bonus points that can be converted into cash back. Some cards offer rewards for shopping and travel and some can be used to help improve your company’s credit score.
There are a variety of credit card issuers that you can choose from, such as Chase. But, you must consider the ways you will utilize a specific credit card. It is important that you select the correct corporate credit card for your requirements.
Small-sized businesses will find the Ink Business Preferred(r) Credit Card an excellent option. The card is a good option for earning rewards for various categories of purchases and even covers mobile phone bills.