Corporate Credit Card for Startups
Did you know a corporate credit card is a special type of credit card issued to a company with millions or more in annual revenue?
In fact, with a corporate credit card there is no personal guarantee, the liability for nonpayment falls solely on the business itself rather than an individual.
What about business credit cards? 
Business credit cards are designed for a business of any size, including small businesses or solo entrepreneurs. In almost all cases, business credit cards require a personal credit check and personal guarantee.
At the end of the day it’s all about risk for the card issuing bank. The stronger a business, the less risk it imposes, which is why companies doing millions in revenue are not required to supply a personal guarantor on corporate credit cards.
Be sure to check out our post on Business Credit Cards vs Corporate Credit Cards for a complete breakdown.
I’m sure you’re probably wondering if a corporate credit card is for companies doing millions in revenue how is it possible for a startup to qualify for one?
In today’s post we’re going to talk about how to get a corporate credit card as a startup or Ecommerce business without doing millions in revenue.
Not only that, but this corporate card issuer reports your monthly activity to two major business credit reporting agencies.
So, not only can you get this card with no personal credit check or personal guarantee; once you do get the corporate credit card it builds your business credit too!
The corporate credit card issuer we’re going to introduce underwrites the business only and does not require a personal credit check or personal guarantee. In fact, the main focus is the amount of cash a business has in its bank account along with its spending patterns.
Corporate Credit Card Overview
Here are just a few of the highlights of this corporate credit card.
- No personal liability – no personal credit check, no personal guarantee & no security deposits
- Higher credit limits – 10-20X higher than competing cards
- Builds business credit – this card reports to Dun & Bradstreet & Experian Commercial
- Instant approvals – Get approved in minutes – simply provide information about your company and link your business bank account
Corporate Credit Card Requirements
There are three main areas that this card issuer looks at during the review process.
1) Investors – this is the amount of cash you have been able to raise from investors and/or crowdfunding campaigns. If you are entirely self-funded don’t worry because they take that into consideration too.
2) Cash balance – the amount of cash sitting in your business bank account is a major factor to qualify for this card. For example, if you’re self-funded you need at least $100k in your business bank account to even be considered.
3) Spending patterns – it’s one thing to have a lump sum of cash in the company account but how does the business spend its money. This car
*Bank account balance data is the primary underwriting input used. Service provider, Finicity, is used to integrate with thousands of banks across the U.S.
There are two major types of corporate credit cards that are available under this card issuer. One is designed for startups and the other is designed for Ecommerce businesses. Each card has its own unique features and qualifications.
Remember, do not apply for either of these credit cards if you don’t meet the requirements listed below. You will get denied instantly so save yourself some time and review these requirements carefully.
On a side note, if you don’t qualify, we also cover our business credit card funding program as an alternative solution. Without further ado, let’s get started.
Corporate Credit Card for Startups
- 10X – 20X higher credit limits than American Express, Chase, etc.
- No personal guarantee required
- No personal credit checks
- No security deposit & no annual fee
- Reports to Dun & Bradstreet & Experian Commercial
- Exclusive signup offers (AWS, Google Ads, Salesforce)
- Earn points on every dollar spent (7x on rideshare, 4x on travel, 3x on restaurants, 2x on software subscriptions and 1x on other transactions)
- Miles transfer program to 6 airlines
- 30-day charge card running on MasterCard network (No interest charges)
Corporate Credit Card Requirements for Startups
- U.S. – based business with EIN (C-corps, S-corps, LLCs, or LLPs)
- Must have $50k in your business bank account if venture-backed
- Must have $100k in your business bank account if self-funded or crowd-funded
- Business can be self-funded, venture-backed, or crowd-funded
Apply for a Corporate Credit Card
Brex Corporate Credit Card special offer only available at => http://nopgcorporatecreditcard.com
- Get 50,000 Brex Reward points
- Waived card fees for life
*reward points are automatically added after spending $1k on card
*Brex card issued by Emigrant Bank, Member FDIC
Corporate Credit Card for Ecommerce Business
- 60-day interest free financing
- Credit limits up to 100% of monthly GMV (gross merchandise value) – $5M cap
- No personal guarantee required
- No personal credit checks
- No security deposits
- Instant approvals & no annual fee
- Worldwide acceptance with no foreign transaction fees
- Reports to Dun & Bradstreet & Experian Commercial
- Set spending limits, add users and issue new cards
Corporate Credit Card Requirements for Ecommerce Business
- U.S. – based business with EIN (C-corps, S-corps, LLCs, or LLPs)
- Business must be processing at least $100k in monthly sales at time of application
- Must be in business for at least 1 year at time of application
- Business can be self-funded, venture-backed, or crowd-funded
Apply for a Corporate Credit Card
Brex Corporate Credit Card special offer only available at =>http://nopgcorporatecreditcard.com
- Get 50,000 Brex Reward points
- Waived card fees for life
*reward points are automatically added after spending $1k on card
*Brex card issued by Emigrant Bank, Member FDIC
What If You’re Denied a Corporate Credit Card?
If you don’t qualify for a corporate credit card at this time the best option is business credit cards. But the cards I’m referring to are business credit cards that only report to the business credit agencies not your personal credit.
Even though the card issuers require a personal guarantor, you’re still protecting your personal credit since the accounts and payments do not report to your personal credit file.
Our business credit card funding program is an ideal solution if you’re goal is to gain access to working capital without putting your personal credit at risk.
Business Credit Card Funding Overview
- Combined credit limits $25k – $150k
- Personal credit scores 680+
- Personal guarantor
- Reports only to business credit reports
- No Docs (no financials, no tax returns, etc.)
- For startups or existing businesses
Pre-Qualification Instructions
Step 1: Order Your Credit Report => http://triadcreditreport.com or http://creditreportengine.com
Step 2: Download Your Report in PDF format (use print to PDF)
Step 3: Complete the Pre-Qualification Form and Upload Your Credit Report => http://businessfundingreview.com
*Pre-Qualification review takes 24/48 hours. You will be contacted via phone with business credit limit projections and next steps. Funding process takes 14-20 days.
Ready to build your business credit? Become a member of my Business Credit Insiders Circle and gain access to a proven step-by-step business credit building system. A system that provides you access to vendor lines of credit, fleet cards, business credit cards with and without a PG, funding sources and lenders that report to all the major business credit bureaus. Submit your name and email below for details and receive a free business credit building audio seminar ($497 value) =>
To Your Success in Business and in Life!
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About the author
Marco Carbajo is a business credit expert, author, speaker, and founder of the Business Credit Insiders Circle. He is a business credit blogger for Dun and Bradstreet Credibility Corp, the SBA.gov Community, Business.com, About.com and All Business.com. His articles and blog; Business Credit Blogger.com, have been featured in ‘Fox Small Business’, ‘American Express Small Business’, ‘Business Week’, ‘The Washington Post’, ‘The New York Times’, ‘The San Francisco Tribune’, ‘Alltop’, and ‘Entrepreneur Connect’.