What to Look for in a Business Credit Card

Business Credit Card

Many business owners, especially those who are just starting out, make the mistake of mixing their personal finances with their business finances. While at first, you may not be sure if everything will work out, and think it may not be worth the time and effort of opening separate business accounts, know that it is worth every minute you spend to have accurate records of your businesses profits, losses and expenses from the very first transaction.

At first, you may opt to fund your first business checking account with personal money or you could get a business loan to obtain the necessary funds. In addition to having a checking account for your business, you’ll want a business credit card so that you can buy items online, over the phone or just make it simpler to make purchases in stores without having to take your checkbook and identification.

Business credit cards come with different terms and conditions, some are obviously better than others. At first you’re personal credit score will be used to help determine the credit limit and interest rate for your business credit card since your business doesn’t yet have its own credit history. Even if your credit isn’t excellent, you don’t need to worry, you’ll likely be eligible for some credit cards. You can find an online credit card application at UnsecuredBizLoan.

When choosing a business credit card, you’ll want to look for many of the same features that you’d look for in your own personal card. While you may not intend to carry a balance from month to month, having as low of an interest rate as possible is always something to aim for. You’ll also want a card that has no annual fee so that more of your profits stay in your own pockets. Also try to find a business credit card that gives you rewards just for using it. You can find many cards that give you cash back, airline miles or points that can be converted into gift cards or used at online retailers.

To apply for funding for your small business, use the form on the right to begin the application process.

For more information, go to Business Credit Card at http://www.unsecuredbizloan.com/business-credit-card

What to Look for in a Business Credit Card was last modified: March 8th, 2012 by Amit Kraidman
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