businesscreditcard
Business credit cards are one of the most practical forms of small business financing. Not only do they provide a revolving business line with an interest-free grace period, but they also help separate your business and personal transactions. Getting a business credit card with bad personal credit can be challenging, but it’s not impossible. Here’s what you should know before you start applying. Can You Get a Business Credit Card With Bad Personal Credit?When you apply for your first business credit card, your company probably won’t have enough history to generate a business credit score. As a...
ValueWalk
Most new small business owners have a hard time obtaining business credit cards that do not require a personal guarantee. A personal guarantor serves as assurance from a borrower that he or she can and will pay his or her debts when they’re due. Personal guarantors mitigate this risk, which is why most credit card issuers require them. Here is everything you need to know about business credit cards from SMBs and personal guarantees to personal guarantees and risk mitigation. SMBs and credit cardsRight now, we’re in the midst of the COVID-19 pandemic and some companies might need access to fund...
ValueWalk
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