Having several different financial resources to choose from is helpful when expanding your business. Flexibility allows your company to adapt to change, especially during periods of uneven cash flow or growth. A business line of credit is an essential financial tool for many entrepreneurs. However, you need to be sure you can manage it. If […]
Like a consumer credit score used to determine your creditworthiness, your company has a small business score that summarizes its financial stability. Banks and other lenders often use these numbers to qualify businesses for loans and other financial products. There isn’t one universal business scoring method, but four different systems used in different situations. Because […]
Building your business credit isn’t just about applying for any credit card. With a wide variety of rates and rewards available, finding the right card to grow your business depends on what card benefits are going to make the most difference for your company. For businesses with a need for exceptional travel rewards, here’s the […]
Searching for a small business credit card that checks all the right boxes for your business model? Here’s what we dug up on Capital One Spark Miles for Business, a Capital One staple for small business owners. Pros and Cons Balancing the benefits and disadvantages of a potential credit card is essential to learning how […]
Finding the right rewards card to build credit for your business can be a real hassle. Luckily for you, we’ve taken a look at the US Bank FlexPerks Business Travel Rewards Card to give you the breakdown of this small business credit card. Pros and Cons The benefits and disadvantages of your company’s small business […]
Searching for a small business credit card that works well for your business can be a lengthy and involved process. Fortunately for you, we’ve compiled the more important details on the American Express Business Blue Card so you can more easily make the right choice for you. Pros & Cons As with any small business […]
As a small business owner looking to expand their company line of credit, you want to find a company credit card that works for your small business. One solution to your small business credit card dilemma is the Capital One Spark Classic for Business. We’ve taken a look at some of the main features of […]
While there are pros and cons either way, the good news is that it can be perfectly acceptable to use a personal credit card for your business — as long as you follow certain best practices.
In sole proprietorships, the owner is allowed to co-mingle business and personal finances, so using a business card can help keep track of business expenses and separate them from personal expenses for accounting and tax purposes.
You might consider adding Revolut to your repertoire — its easy international payments, prepaid business cards, and open API offer a strong option for businesses.