Best High Limit Credit Cards
As a business owner I’m sure you’re aware that one of the key reasons businesses fail is lack of access to working capital. The fact is gaining access to unsecured business financing is one of the most difficult challenges for business owners. For the most part it’s a guessing game because you simply don’t know what each credit card issuer’s underwriting requirements are and which credit reporting agency they pull from.
Did you know there are only several big banks (Chase, Capital One, Bank of America, Elan, Citi, Barclays, American Express) but there are hundreds of cards across these big banks with different underwriting criteria across each of those cards?
In fact, there are over 100 banks/issuers alone under Elan. Elan is the biggest underwriter but you rarely see their name on anything. Apart from the big banks, there are actually hundreds of banks if you count credit unions and regional banks too.
Industry and location are also a big factor. Do you know which regional bank cards and which specific cards under the big banks to combine to maximize your credit approvals?
Click to continue …