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Like personal cards, a business credit card offers lots of benefits, from access to purchase power to points that can be redeemed for cash or other perks, like office supplies. When choosing...
Good credit: The highest-quality business credit cards typically require a personal guarantee from the business owner that's backed by a credit score of 700 or higher. So, you'll likely need ...
A business line of credit (LOC) can provide financing for larger business expenses but could be more difficult to qualify for than a business credit card. An LOC offers financing for a defined ...
Business credit cards are specialized credit cards issued in the name of a registered business, and typically they can only be used for business purposes. Their use has grown in recent decades. In 1998, for instance, 37% of small businesses reported using a business credit card; by 2009, this number had grown to 64%.
Key takeaways. Both corporate and small business credit cards are available for business use, although their benefits and credit reporting practices vary. Corporate cards are available...
Key takeaways. Small-business cards are typically designed to meet the needs of small businesses, while corporate credit cards are better suited to the needs of corporates with millions...
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