Smart solution for your business needs
Business credit cards are designated for business use only, and they may sound like an attractive option for financing your company expenditures if you don't qualify for a conventional business loan. The process of applying for a business card significantly differs from applying for a consumer credit card as you may be required to provide a federal employer identification number (EIN), financial statements of your company and other documents verifying that you own a business. Whether you have a small business or a larger enterprise, there are several sound reasons to search for best business credit card offers and become a card holder.
Benefits of business cards
No hurting your credit score
Since a business credit card may be used solely for business spendings, it normally does not influence your individual credit score, and allows you to keep your business and personal expenditures separate, which is highly helpful for keeping track of your transactions and filing the taxes.
Lots of rewards
Small business credit cards typically have bigger credit limits than consumer cards, and offer plentiful rewards, such as cashback, free hotel stays, airline miles for business travels and 24-hour concierge service that will book tickets or a hotel room for you. Some of them also offer such incentives as balance transfer options, no annual fee and discounts on the business-relates goods and services. Speaking about drawbacks, business credit cards tend to have high interest rates and annual fees since the credit card debt is unsecured, so it may be challenging to find cheap business cards offers. However, as long as you use the credit wisely, a business card will give you plenty of benefits and help you better manage your company finances.
Make the best choice
Choosing the right card for your business has become easier than ever. Mike Credit reviewed the latest leading offers on the market, so that you might compare credit cards with different terms of interests, fee rates and rewards, and find the one that will perfectly meet your business needs. Apply for a credit card now and unlock the true potential of your business.