Sentences with phrase «balance on your business credit»

You can try to boost your score by reducing the balance on your business credit cards or requesting a credit - line increase to lower the percentage of your available credit in use.

If you do happen to incur interest from carrying a balance on a business credit card, be sure to note it on your tax form — it counts as a business expense.

If you do happen to incur interest from carrying a balance on a business credit card, be sure to note it on your tax form — it counts as a business expense.

If you find yourself with a big balance on a business credit card, follow this road map to better financial ground:

Did the balance on that business credit card you got to furnish your office or buy plane tickets to a conference quickly get out of control?

Not exact matches

Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.

By putting a balance on your card each month and paying it off by the due date, you can quickly improve your business credit score by creating a record of timely payments.

A business failure can impact your personal credit score If your business fails and you end up with a credit card balance you can't pay off, it will go on your personal credit report.

As a huge bonus, business owners who make on time payments and keep their balances low can build business credit, however it's worth noting that your payment history may be reported to personal credit reporting agencies and affect your personal credit scores.

If you end up with large outstanding balances on your personal card because of business expenses, your personal credit score could take a hit.

Business owners who make on time payments and keep their balances low can build strong business credit scores, however your payment history on this card may be reported to personal credit reporting agencies and affect your personal creditBusiness owners who make on time payments and keep their balances low can build strong business credit scores, however your payment history on this card may be reported to personal credit reporting agencies and affect your personal creditbusiness credit scores, however your payment history on this card may be reported to personal credit reporting agencies and affect your personal credit scores.

A great option for starting to build business credit, if you can pay on time and limit your balance.

As long as you pay your business card on time and avoid high balances, having a business card that appears on your personal credit reports with Equifax, Experian and TransUnion should not be a problem, and may even help your credit scores.

Moreover, the card also comes with 12 months of 0 % introductory APR on both purchases and balance transfers - one of the few business credit cards with this feature.

Unlike other balance transfer cards on our list, the Ink Business Cash ℠ Credit Card is also a rewards credit card, which makes it an excellent card to keep around in the longCredit Card is also a rewards credit card, which makes it an excellent card to keep around in the longcredit card, which makes it an excellent card to keep around in the long term.

If your small business is carrying a balance on its existing credit card, then you might consider taking advantage of the Ink Business Cash ℠ Credit Card to help manage and reduce your interest pbusiness is carrying a balance on its existing credit card, then you might consider taking advantage of the Ink Business Cash ℠ Credit Card to help manage and reduce your interest paycredit card, then you might consider taking advantage of the Ink Business Cash ℠ Credit Card to help manage and reduce your interest pBusiness Cash ℠ Credit Card to help manage and reduce your interest payCredit Card to help manage and reduce your interest payments.

With most business credit cards having interest rates higher than 12 % annually, this feature can save approximately 1 % or more that you would pay towards interest charges on your balance.

Finally, the Chase Ink Business Cash ℠ Credit Card has no annual fee plus a 0 % introductory APR for 12 months on purchases and balance transfers.

They are both business people, and early on in their marriage they developed a credits and debits «point system» to keep things in balance.

Unlike other balance transfer cards on our list, the Ink Business Cash ℠ Credit Card is also a rewards credit card, which makes it an excellent card to keep around in the longCredit Card is also a rewards credit card, which makes it an excellent card to keep around in the longcredit card, which makes it an excellent card to keep around in the long term.

If you're a consumer or business carrying a sizable balance on your existing credit cards, the best balance transfer 0 % intro APR credit card can be a good tool for reducing your interest and debt burden.

Designed specifically for high balance, transaction oriented operating accounts, you'll earn monthly credits that help you save more on Treasury Management Solutions that make sense for your business and your budget.

Earnings credits are calculated on the combined average balances across all your Capital Bank non-interest-bearing business accounts

With most business credit cards having interest rates higher than 12 % annually, this feature can save approximately 1 % or more that you would pay towards interest charges on your balance.

Charge cards are a good option for consumers and businesses that are looking to have a card they can use in lieu of cash but do not ever plan on building a long term credit card balance.

Beginning with the thirteenth billing cycle, any remaining balance will be repriced to an APR of 11.40 % to 18.00 % for a Business Select credit card based on your creditworthiness and other factors.

While it's never a good idea to pay interest on debt just to get a tax benefit — since you can never receive a discount that will match the total cost of holding the debt itself — the truth is many small businesses need to carry over balances on their credit cards to keep running and, ideally, to grow.

- Business Edge Travel Rewards Card's rates range from 11.99 % APR to 17.99 % APR on balance transfers and new purchases depending on the credit history of cardholders.

For example, the addition of $ 20,000 of business debt to the $ 20,000 Hebert already owed on his personal credit cards led Bank of America to close one of his personal credit cards and cut the limit of another, from $ 35,000 to $ 9,900, just $ 200 above his balance.

So, as of Feb. 22, 2010, issuers will not be allowed to hike interest rates for existing balances on consumer credit cards, but they will still be able to do that with the credit cards issued to and used by businesses.

Terms — The Business Overdraft Credit Line is revolving, letting you carry a balance indefinitely, based on an annual review.

Although the sign up bonus is modest — $ 300 for the first $ 3,000 spent — the Ink Cash ® card does offer a 0 % introductory rate on purchases and balance transfers for 12 months, which is rare for business credit cards.

As long as you pay your business card on time and avoid high balances, having a business card that appears on your personal credit reports with Equifax, Experian and TransUnion should not be a problem, and may even help your credit scores.

A high balance on a business card that appears on an individual's personal credit can mean a high debt usage ratio which can lower credit scores.

Small business credit cards can come with 0 % APR introductory financing on new purchases, balance transfers, or both.

The Southwest Rapid Rewards ® Premier Business Credit Card is one of the few credit cards to award reward points on balance tranCredit Card is one of the few credit cards to award reward points on balance trancredit cards to award reward points on balance transfers.

Qualifying mainly depends on your creditworthiness as a borrower and the viability of your business, not your business's balance sheets or collateral; however, each lender will have slightly different requirements (i.e., minimum credit score of 650 vs. a minimum credit score of 575).

If you do carry a balance regularly, you have no business getting a rewards credit card as the interest rates are usually way higher than normal and you should be focusing on getting out of credit card debt first and foremost.

The Southwest Rapid Rewards ® Premier Business Credit Card doesn't offer any 0 % promotional APR on balance transfers.

Moreover, the card also comes with 12 months of 0 % introductory APR on both purchases and balance transfers - one of the few business credit cards with this feature.

As the CARD Act doesn't apply to business credit cards, a monthly balance held on such a card is at perpetual risk of becoming more expensive all of a sudden.

For that reason, some card issuers will not report the card as a liability on the business owner's credit report, nor will any future balances and payments get reported there.

Whether you need us to help with a business account or personal, get a mortgage or car note, or a higher balance on your credit card, then we need to talk.

Whether this card is right for you will depend on your business and how much of a balance you think you'll be carrying on your business credit card.

Well, the interest on the balance (revolving debt) is how credit card companies themselves pay their bills — and business is good.

Proceed with caution when using credit card funds for your new business, because the rates tend to be higher and you run the risk of using the available balance on the card on an ongoing basis.

Revolving lines of credit conveniently allow you to advance on the line when the business needs cash and pay down on the line balance when the business has strong cash flow to fit into your business cash flow cycle.

This account provides free limited debit and credit transactions with no minimum balance requirement, up to $ 50 discount on first order of business checks, annual safe deposit box discount (where available, auto - debit required).

Business credit cards often have competitive interest rates and some level of rewards with the convenience of being able to make monthly payments on your credit card balance.

This doesn't mean, however, that you've got a debit card on your hands; the card needs to be treated as any credit card would, so borrowing modestly (no more than 30 percent of your credit limit) and paying your balance in full each month keeps you out of debt's way and improves your business credit score, increasing your chances of getting approved for other business loans or credit accounts.