Business Credit Card | Business Credit

Top 4 Reasons Not to Use Personal Credit for Business

Thursday, August 13, 2009

Statistics show that over 65% off all small businesses use credit cards on a regular basis; but the problem is less than half of those credit cards are actually in the business name. The others continue to use the owner's personal credit cards for business transactions. Using your personal credit, also known as you're "Consumer Credit Profile," instead of establishing Business Credit is a bad idea on many fronts.

Business Loan Finance: How to Get Approved

Wednesday, June 17, 2009

8 Comments

Lending institutions want to lend money because it's the way they make money. However, they only want to lend money to a borrower who is able to repay the loan on time and in full. When deciding to extend credit to a business lenders use the ‘Four Factors for Lending Approval'.

Credit Cards for Business

Wednesday, June 10, 2009

9 Comments

While small business credit card usage is on the rise according to the 2009 Small Business Credit Card Survey the majority of all small business owners fail to understand the importance of what’s in the fine print.