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Business Credit Cards
Every small business owner needs to have a credit card or a line of credit to do business transactions. Having a business credit card in the name of the business rather than in the personal name has advantages for a start up business and existing businesses alike.
A true business credit card is a line of credit that is taken in the name of the business, under the business' credit. Activity, whether good or bad, is reflected on your business' credit report through D&B and other financial institutions, and the liability for any debts incurred and bills owed is with the business. However, some companies out there offer "business" credit cards which they require a personal guarantee for. These institutions will often ask for a personal guarantee, and will almost always ask for a social security number from the person applying for the business credit card. If this is the case, the credit card is not a business credit card, but is simply a personal credit card which is used for the business. The business is not liable for bills and debts - you are.
It is hard to find business credit cards that report activities to the business credit profile rather than the personal. Although scarce, these no credit business loans and credit lines do exist. As a tip - Avoid putting your social on any applications and remember that your signature most commonly signifies a personal guarantee.
Please contact an Underwriter for more information about how to obtain business credit cards, or simply click the button below to get started right away.
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Who are Angel Investors?
Angel Investors provide a pooled investment offer for a startup, or booming expansion of a business.
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Who are Venture Capitalists?
Venture Capital is another form of raising financing for businesses of all sizes. Small business owners can secure business financing through venture capital.
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Business Loans
In the world of business financing and small business loans a business has the ability to build a credit score for itself that is not associated with personal credit.
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Background and Experience
Ilya Bodner
James W. Moore
Felipe Catano
Rob Rinaldi
Jaime Cardinal
Brandon Sarratt
Jonathon Linn
Tyler Pratt
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