Unsecured Small Business Credit Card
We all know a credit card is a powerful tool and the advantages it provides go far beyond convenience alone. But with the power of credit comes great responsibility and whether its effects are helpful or harmful depends on the individual user.
I’m sure if you ask around you’ll find that people use credit cards for all kinds of reasons. Whether it’s for building credit, a matter of convenience, automatic billing or to track spending; credit cards are a useful tool. For business owners, however, the stakes are much higher since business credit cards can help a small business stay afloat.
“There are plenty of benefits to using a business credit card versus a personal credit card for your small business,” says Alison Cahill-Rouse, a spokeswoman for Capital One. “You’ll also have access to business-specific benefits, such as employee cards and spending controls, and specialty services tailored to meet small businesses’ needs.”
So when considering a small business credit card for your business, make sure you understand the benefits, its applicable use and potential risks that come along with an unsecured revolving line of credit.
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