Small business credit cards: As with personal loans, applying
for a small business credit card is based solely on your personal credit history.
Small business credit cards: As with personal loans, applying
for a small business credit card is based solely on your personal credit history.
Qualifying
for a small business credit card is based primarily on your personal credit history.
You might think that your company needs to be incorporated to apply
for a small business credit card, but it doesn't.
If you're looking
for a small business credit card to help you finance your company expenses, consider a card that offers an interest - free financing period.
When you sign up
for a small business credit card, at least as an S - Corp, you say that you will assume personal responsibility for the credit.
Perhaps the easiest way to solve your loan dilemma is to apply
for a small business credit card.
And qualifying
for a small business credit card might be easier than you think.
For example, when applying
for a small business credit card, you'll use your business's EIN rather than your Social Security number on the application.
While most businesses — even one - person sole proprietorships and DBAs — can qualify
for a small business credit card, only actual corporations can generally qualify for a corporate credit card.
That means no manufactured spending, no signing up
for small business credit cards, no high min spend cards, etc..
Most credit card companies define «business» quite broadly when it comes to considering applicants
for small business credit cards.
Even if you don't consider yourself a small business owner, you might qualify
for a small business credit card.
For example, when applying
for a small business credit card, you'll use your business's EIN rather than your Social Security number on the application.
Therefore, if shopping
for a small business credit card, individuals should take extra time when examining the cardmember agreement.