Not exact matches
Fortunately, thanks to
new offerings, business
owners who balk at the idea of letting their businesses influence their personal
credit ratings now have other options, such as debit
cards or secured
cards.
Now, the
owners of some state - authorized marijuana dispensaries are hoping that the
new guidance for federal prosecutors, issued Aug. 29 by U.S. Attorney General Eric Holder, will help remove banking and
credit card roadblocks.
I don't know whether it's because the delay in our due spring weather is leaving me feeling frustrated to switch up my wardrobe, or whether I'm just so excited for warmer weather that I'm happy - buying items ready for it, but either way, here we are, my
credit card and I, a little click - happy, a little over eager, and proud
owners of some very cute
new handbags.
Business
owners running a
new company with limited financial or
credit history will need to have a personal guarantee to get approval for the
card.
This could explain why banks and lenders are so willing to support
new ventures; although 31 percent of small business
owners opt to borrow at least some of their capital from family and friends, a full 75 percent of startup capital comes from
credit cards, bank loans and lines of
credit.
They look similar, swipe the same and may even offer similar terms and rewards as personal
credit cards, but business
credit cards have a few distinct differences that can trip up a
new business
owner looking for a
credit card.
First IB Commercial Banking offers
new and refinanced working capital lines of
credit, equipment loans, acquisition / expansion loans,
owner - occupied and investment commercial real estate loans, SBA loans and commercial
credit cards.
Credit cards often have their rewards systems modified shortly after being acquired by
new owners, usually having their rewards rates or value reduced.
While traditional
credit cards work by storing user information on a magnetic stripe, RFID (which comes standard on most
new cards) stores information about the
card and its
owner in a small microchip.
Ralph DiBugnara, vice president of retail sales at Residential Home Funding in White Plains,
New York, said that a cash - out refinance is a good way for homeowners to get rid of
credit -
card debt that comes with high interest rates, even if these same
owners won't be able to deduct the interest they pay on their refinance because they're not using the money for home improvements.
Erica Sandberg: Choosing the right
credit card for a
new business — Our expert outlines common money mistakes
new business
owners make when starting a
new business on
credit... (See First business
credit card)
Erica Sandberg: Choosing the right
credit card for a
new business — Our expert outlines common money mistakes
new business
owners make when starting a
new business on
credit... (See First business
credit card)
«As a mobile service business, I do accept
credit cards and over 90 percent of my customers choose to pay that way,» says Scott Brown,
owner of Brightside Home Inspection in Syracuse,
New York.
Small - business
credit cards stage a tentative comeback — Small - business
owners, whose
credit choices evaporated amid the recession and
new regulations, have seen a modest return of
credit cards aimed at them... (See Business
credit)
United Airlines
credit card for small business
owners — Learn how the
new United Airlines
credit card can earn miles for
owners and employees.
Small business
credit card:
New options for business
owners — Small business
credit cards represent a great market for issuers, but business
owners need to consider certain factors before signing up for a business
credit card.
For example, if you're repainting your
new home and your contractor doesn't accept
credit cards, Paige NeJame, franchise
owner of CertaPro Painters of the South Shore and Boston, suggests offering to call in to Sherwin - Williams with your
credit card to pay the painting contractor's supplies.
If you are a
new business
owner building your
credit history and income flow, this
card will allow you to increase your spending ability as your business grows.
He's now
owner of Bialek Group, which consults companies on
new ways of accepting
credit card payments.
Chris Van Patten,
owner of
New York City - based website application developer Van Patten Media, used a personal
credit card when he first started his business, but realized he was paying for it at tax time.
Many business
credit cards have increased protections in several areas which can offer a
new business
owner some much needed peace of mind.
Since both the Ink Business Cash ℠ and Ink Business Preferred ℠
cards tend to require excellent
credit for approval, qualifying may be a challenge for
new businesses or business
owners with poor personal
credit.
Before Chase launched its
newest business
credit card, it talked to actual small business
owners about what they needed in a
credit card.
What might be particularly appeal about the Bank of America ® Business Advantage Cash Rewards Mastercard ®
credit card is the intro offer of nine billing cycles interest - free on purchases (then, 12.24 % - 22.24 % Variable APR on purchases); that could certainly come in handy for
new business
owners with some start - up costs or even established businesses that have a major purchase on the near horizon.
That means providing enough lead up times for retailers to get
new credit card readers that could handle chips, as well as getting
new cards out to the nearly 170 million
credit card owners in the country.
A
new report says that American Express will announce a partnership sometime later this week that will allow those
credit card owners to pay for items by using a future product from Jawbone.
Business
owners will want to check out the PayPal Here Chip
Card reader, a
new point of sale terminal that handles Android Pay, Samsung Pay, Apple Pay and traditional
credit and debit
cards.