Business Credit Cards

Much like you maintain and build upon your own personal credit report, your business has its own functioning credit as well. Good credit is needed to apply for loans, open new lines of credit, and increase the capability for hiring more employees. If you are looking to expand your business, it can be difficult to do so with bad credit, or with no credit history. A new business may not have enough credit history to become qualified for certain loans. In that case, how...

If you are suffering from a poor credit score, you may feel discouraged when it comes to applying for a business credit card. Oftentimes, a company will want to obtain a copy of your credit report in order to check your financial eligibility for the card. And oftentimes, you will get denied. However, although lenders prefer great credit scores, there are still a few ways that you can obtain a business credit card with bad credit. It is important to be able to use business credit cards to cover business...

Nowadays, a credit card has become part and parcel of our financial routine, because it is more convenient to carry and use in comparison to cash. Though the use of a credit card is easy and secure, the application and subsequent issuing process is quite involving . The process of the credit card approval alone takes a number of days and lots of work not commonly known to the applicant. Wily applicants can increase the chances of their credit card application being approved by...

Understanding how balance transfer works for credit card First of all, we need to understand what balance transfer means. Is it as simple as transferring a part, or an entire, debt from your old credit card to a new credit card, in order to save your money on interest payments? Usually, credit card holders choose balance transfer on credit cards based on certain “perks.” Perks include low introductory interest rates that can be as low as 0% and can range in time period from a few months to a year. Through...

People have varying opinions about credit cards. They are certainly used by a lot of people as a means of either making or accepting payments for products and services. You can use these cards for business or personal purposes. Either way, it is worth familiarizing yourself with the process behind the transactions carried out using these cards. This article looks into the people involved in card transactions, how the cards are processed and what makes one card issuing company better than another. The involved parties...

Your credit card processing fee can be a nightmare if you don’t know what you are doing. There are many strategies that you can use to take your business to a whole new level of convenience and comfort. We’re here with some tips to reduce your credit card processing fees. Negotiation You have to negotiate with your credit card processor as soon as possible so you can reduce the fees of your credit card. For that to happen, you need to be perceived as...

With credit and debit cards, anyone on the planet can now purchase pretty much anything from anywhere. People from the Philippines can buy goods and services in the US. Americans can buy products in Europe with only a few clicks of a mouse. If you have an online business, you are able to reach out to an even larger market with the help of credit card processing companies or a payment processor. What they do is help the business in the processing of orders...

To the holders of credit cards, smooth and time-efficient transactions are always expected. In our convenience based society, an overflowing amount of businesses providing goods and/or services keep these “golden cards” as one of their primary forms of monetary exchanges. However, with this convenience comes prevalent risks for the consumer and business, such as fraudulent transactions and unverified charge backs. They stem from the critical personal information credit cards carry. Business Data Theft When a partnership between a credit card processing company and a...