Business Credit Cards vs Corporate Credit Cards

March 20, 2019 By Marco Carbajo

Business Credit Cards vs Corporate Credit Cards

When it comes to making business purchases; business credit cards and corporate credit cards play a vital role. But what is the difference between each one and which is ideal for your business?

In today’s post we are going to talk about everything you need to know about business credit cards vs. corporate credit cards. You’ll learn the similarities, the differences, the qualifications, and which one requires a personal guarantee and which one doesn’t.

Let’s get started.

Both business credit cards and corporate credit cards are similar because they are both a revolving source of funds you can use anywhere Visa®, MasterCard®, Discover, and American Express are accepted.

You get access to a pre-set credit limit that you can borrow against at any time. When you pay down the principal the credit becomes available to use over and over. Also, you can maintain a revolving balance on both business credit cards and corporate credit cards.
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How a Business Name Impacts the Unsecured Business Credit Cards Program

April 12, 2018 By Marco Carbajo

Unsecured Business Credit Cards

Do you want 4-5 unsecured business credit cards that only report to the business credit reporting agencies?

You’re probably familiar with our popular business credit cards funding program where we get you multiple business credit cards issued in your company’s name. In fact, this program is one of the best ways to speed up the business credit building process.

Not too long ago we shared the top 5 business credit building hacks and this particular strategy was on the top of the list.

In today’s post we’re going to cover several issues that may occur with a business name when it comes to our business credit card funding program. But before we get started if you haven’t done so already you should check out last week’s post where we discussed the 5 credit report issues that trigger business credit line denials.
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How Revolving Business Lines of Credit Transform Your Business

February 16, 2018 By Marco Carbajo

Revolving Business Lines of Credit

To be successful in today’s fast paced, expanding and rapidly changing business world, business owners must do all that they can to have access to capital. One of the most important factors that determine whether you succeed is your ability to establish this financial flexibility.

As you know access to capital is the lifeblood of a business. Capital comes in many forms and includes cash flow from sales and other sources of revenue that your business generates. It can also come from cash injections made by you from personal savings and investments.

Unless you can pay for unexpected expenses, inventory or other items as needed, you run the risk of a cash flow shortage. To avoid this the quickest solution is having access to revolving business lines of credit.

In today’s post we are going to talk about how revolving business lines of credit can transform your business. You’ll learn 7 key benefits and we’ll even show you how to get access to 4-5 revolving business lines of credit in 14-20 days.

What is a revolving business line of credit?
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Do Business Credit Cards Affect Personal Credit?

April 24, 2015 By Marco Carbajo

Do Business Credit Cards Affect Personal Credit

Did you know that out of all the business credit cards available in the marketplace a small percentage report only to the business credit reporting agencies?

The good news is not all business credit cards impact your personal credit. If a card issuer only reports your credit limit, spending, revolving debt and payment history to a business credit agency then your personal credit will not be affected.

This is especially useful when making large business purchases using your business credit card. As you know credit utilization is one of the major factors that impact your FICO® scores. In my opinion, to completely separate business reporting from personal reporting, business owners should only use business credit cards that report solely to the business credit agencies.

The fact is credit card issuers have different policies when it comes to credit reporting. Now keep in mind the majority of business credit cards will require a personal guarantor so in the event that the business defaults on its payment obligations the guarantor will be ultimately responsible.
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Four Types of Business Credit Building Sources You Should Know

March 25, 2011 By Marco Carbajo

Business Credit Building

What types of business credit can you obtain for your company?

I’m sure your familiar with business credit cards, loans, and lines of credit but did you know there are four major types of business credit sources that you can establish?

In this short video I recorded with Dun and Bradstreet you will learn what these sources are and how you can go about building business credit fast without putting your personal credit and personal assets at risk.
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