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Review of Gold Delta SkyMiles Business Card
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 […]
What’s the Scoop on Capital One Spark Miles for Business?
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 […]
Find Out the Best Business Credit Cards for 2023
Here we’ll discuss several ways to evaluate business credit cards, so you can decide which one would be the best fit for your small business.
Experts: Who Should, and Shouldn’t, Have Access to Your Credit Card?
Source: GoBankingRates Giving someone access to your credit card is not a decision to be taken lightly. Even family members you think you can trust could end up misusing your credit card if you aren’t careful. For example, this mother lamented her son’s $600 spending spree. Her son was 21 years old and got his hands on his […]
Business Credit VS. Personal Credit: What’s The Difference?
If you are a new small business owner, chances are you haven’t built up any business credit yet so you are running the show using your personal credit. While this may seem like a good option, it could potentially get you into trouble if you run into problems with your business. Of course, these two […]
How do I Build Business Credit?
Many people already know how to check and improve their personal credit scores, but the world of business credit scores can feel like an entirely new frontier. You might not know what’s considered when a bureau calculates your business credit score or when a potential investor or lender pulls up your business credit report, or […]
What is Your Business Credit Score Used for?
If you are the proprietor of your own small business, it’s likely that you’ve heard the term business credit score before. But you might not know exactly why having a high business credit score is important, and in which situations a strong score is critical. If you’re unsure of the importance of your business credit […]
What is Considered a Good Experian Business Credit Score?
Experian, Equifax, and Dun & Bradstreet (D&B) are the top three credit bureaus in the U.S. that collect information regarding small businesses and assign them risk-level scores. These scores are used by potential lenders and creditors to determine the likelihood that your business will default on its payment obligations. Note that this article focuses specifically […]
What is a FICO Business Score, and Why Does it Matter?
As the owner of a small business, you already understand the importance of your personal and business credit scores. A good credit score is key for obtaining credit cards, loans, and other financing you need in order to grow your business or make large purchases in your personal life, such as buying a home or […]
Business Credit Score Basics
You’re ready to start a business. You’ve done your research, identified demand, and you have the right experience. There’s just one problem. You need money, and you need access to business credit. That’s great; because financial institutions and suppliers want to lend your business money, and provide you with goods and supplies on credit. it’s […]
What are the Differences Between the Major Credit Bureaus?
Most people are aware that they have a personal credit score, but might not realize that there’s no universal, across-the-board credit score that will be issued by all providers. In other words, different credit scoring companies might give you a different score, depending on a number of factors. Here’s what you need to know about […]
How Important is it to Have Good Personal Credit as a Business?
It’s no secret that starting and running a business requires a significant chunk of cash. And, unless you happen to be the heir to a family fortune, you will probably find yourself in need of some sort of funding. Most new businesses are in the same boat, but it’s important to understand that in order […]
What is Intelliscore Plus Credit Score?
For individuals and business owners alike, understanding your credit score, how it works, and how to improve it, is very important. If you are completely unfamiliar with the term, this article is here to help. What is the Intelliplus Credit Score? The Intelliscore Plus credit score is a credit score given to businesses […]
How to Read a Business Credit Report
Most small business owners are familiar with the process of applying for the funds they need in order to launch or grow their ventures to scale. You gather documentation, including relevant information about your business’ revenue and expenses, find a bank, credit union, or other financial institution that offers financing, and you apply for your […]
Which Capital One Business Credit Cards do I Qualify for?
As a small business proprietor, it’s critical that you have funding at your disposal that you can use for your day-to-day expenses. A business credit card can help you finance crucial aspects of your operations, such as purchasing inventory and equipment for your venture, with the option to obtain what you need now and […]
Can you Open a Business Credit Card with Bad Personal Credit?
Having a bad credit history and credit score can feel like a heavy burden to carry, especially for a small business owner. While good credit can certainly come in handy when it comes to business loans and business credit cards, bad credit is not necessarily a financial death sentence. The truth is that only 1.8% […]
What is a Business Credit Score and Why Does it Matter?
Your business credit score can be the make-or-break factor when you’re applying for a business loan or seeking investors for your enterprise. Here’s a breakdown of the biggest business credit score providers, how your score can affect your business’ success, and the best ways to improve your business credit score. What is a business credit […]
What is Plaid and Why Does Revenued Use it?
What is Plaid? Plaid allows users like you to securely connect your financial accounts to an app like Revenued in seconds. Plaid does not share your personal information without your permission, and they don’t sell or rent it to outside companies. Why do we Use it? We use Plaid because, in order to be […]
Frequently Asked Questions About the Revenued Business Card + Flex Line
Below you’ll find answers to some of our most frequently asked questions regarding the Revenued Business Card, Flex Line, application process, user portal, and more. Don’t see what you’re looking for? No problem! Our team is here to answer any questions you may have. Give us a call at +1-877-662-3489 or email [email protected] and we’ll […]
Which Are the Best Business Credit Cards for Cash Back?
Shrewd business owners are looking for business credit cards that provide cash back. This category of cards will typically give you a percentage of your spending back to you in rewards. On top of the ongoing rewards business owners can accrue for each dollar spent, many of these cash back cards offer upfront bonuses worth […]
What Should I Look for When Choosing a Business Card?
If you’re a small business owner looking to streamline your expenses, opening a business card can give you benefits and spending flexibility. Many business credit card companies offer rewards, special financing, and free employee cards that can make them crucial for your enterprise. Since every business is unique, there are no one-size-fits-all cards. With the […]
What Is the Difference Between a Hard and Soft Credit Inquiry?
A credit inquiry happens when a lender (or another authorized party) performs a credit check to analyze your creditworthiness and help them make their lending decision. These types of inquiries are known as “hard,” and others are called “soft.” Because the inquiry is noted on your credit history, the main difference between the two is […]
What Are the Benefits of Using a Business Credit Card?
The benefits of using a business credit card are as good if not better than personal cards. They provide ready access to capital business owners can use for most business expenses. The Federal Reserve’s 2021 Small Business Credit Survey reports that 21% of business owners applied for a credit card to fund their businesses. If […]
What Are Some of the Bonus Categories for Business Credit Cards?
To remain competitive, credit card companies offer incentives to entice business owners. Bonus categories give you perks that make spending your company’s hard-earned revenue a bit more agreeable. When you use this type of business card, you can spend in bonus categories including business travel, gasoline, and restaurants to earn points and cash back bonuses. […]
How to Record Business Expenses Paid by Personal Credit Card
As a small business owner, you know that tracking your expenses can be a chore, especially if you’re doing it yourself. Making company purchases on your personal credit card is a great way to track spending while: Improving your consumer credit score Leveraging consumer protections not offered to business cards Taking advantage of a broader […]
How to Build Business Credit with Poor Personal Credit
Lenders evaluate your business credit to determine your creditworthiness. It helps them decide if your company is eligible for financing, and it demonstrates financial responsibility to prospective vendors, business partners, and investors. Building business credit typically means utilizing your personal credit as a starting point. Yet, poor personal credit can be a stumbling block for […]
How is Personal Credit Calculated?
Credit scoring models use complex algorithms to calculate your personal credit score based on five basic pieces of financial data: History of timely payments The amount of credit you use relative to your limits Age of your credit history Number of new credit applications The diversity of your credit portfolio Personal credit scores are just […]
How Do the Credit Reporting Policies of Personal and Business Credit Cards Differ?
If you plan to open a credit card account to help cover company expenses or earn rewards, you have plenty of options. Depending on how you plan to use it, you may find that it makes more sense to use a personal credit card than a business card. One of the ways personal and business […]
How Do Personal Credit and Business Credit Affect Each Other?
Though personal credit and business credit are two separate things, your personal credit scores can impact your ability to get a business loan, credit card, or other financing types. This is especially true if you are still establishing your business credit profile. Many banks and lenders use your personal credit scores as a large part […]
How Do I Remove Hard and Soft Inquiries from My Credit Report?
When someone pulls your credit, it’s reported as either a hard or soft inquiry. Hard inquiries can trigger a temporary drop in your score, raising red flags to potential lenders. Soft credit pulls have minimal impact on your credit, and they typically don’t factor into a lender’s loan or line of credit approval decisions. Soft […]
How Do Consumer Protections for Business Credit Cards and Personal Cards Differ?
Small business owners often turn to credit cards to unlock greater spending power and fuel company growth. In most cases, they can choose to use a personal consumer credit card in their name or a business card in their company’s name. There are benefits to utilizing a business credit card account, including liberal cash back […]
How Do Business Credit Cards Make Record-Keeping Easier?
Whether you use the wrong type of card or use it too often, mismanaging your business credit card can harm your company’s bottom line. However, using a card for dedicated business expenditures can simplify record-keeping with careful management, saving you time and money. Business credit card issuers offer unique features like employee card tracking and […]
Why is it Important to Build Business Credit?
Building business credit is crucial for company owners wanting more for their firms. Delayed or insufficient financing is the second most typical reason companies fail, according to the Small Business Administration (SBA). By building your business credit, you’ll have access to sufficient financing to: Cover day-to-day expenses. Grow and expand. Buy inventory. Hire and onboard […]
How Do APRs of Business Credit Cards and Personal Credit Cards Differ?
The APR (Annual Percentage Rate) on a bank-issued credit card — regardless of whether it’s a business or personal card — will generally coincide with the card’s reward potential. Therefore, business cards touting generous welcome bonuses and cash back rewards typically come packaged with higher APRs. Additionally, business credit card interest rates and fees can […]
Will a Soft Credit Pull Affect My Credit Score?
There are two kinds of credit inquiries, soft and hard. Soft credit pulls, also called a soft credit check or soft inquiry, occurs when you or an authorized party (i.e., prospective employer) pulls your credit report. They may also happen when mortgage lenders, credit card issuers, or alternative financing companies pull your report to preapprove […]
How Can I Maximize the Benefits of My Business Credit Card?
Having a business credit card is about more than just boosting your company’s short-term spending power. Business cards bring other inherent benefits to you as a business owner and to your organization, including cash back rewards, purchase protection, and the ability to build business credit. You can do things to boost these advantages before you […]
Does Business Credit Show Up on My Personal Credit Report?
Business credit will show up on your consumer credit profile if the creditor or lender reports that activity to the personal credit bureaus. Many small creditors require you, as the business owner, to personally guarantee their debt. That means that you’ll have to pay the entire loan amount if your firm cannot pay it off. […]
Which Expenses Should Never Be Charged on a Business Credit Card?
As a small business owner, you are likely accustomed to using a business credit card. They typically offer lower rates than an average consumer credit card, combined with rewards and perks angled towards businesses. This can make it tempting to load it with purchases that should never be charged on a business credit card. From […]
Do Business and Personal Credit Cards Offer the Same Protections?
While there are benefits to using a business credit card to handle your company’s expenses, there is one potential drawback — business cards are not bound by the same government-mandated consumer protections as personal credit cards. This means that specific protections offered by consumer card issuers (for example, APR increase limits or fraud protection) may […]
Which Business Cards Offer the Most Lucrative Rewards?
Entrepreneurs understand that every penny counts. When it comes to credit cards, using them during business transactions can be a profitable strategy. Therefore, we recommend that you search for business cards offering the most lucrative rewards. These cards can help boost your firm’s cash flow while earning valuable benefits. Benefits could include generous sign-up bonuses […]
How Do I Establish Business Credit for the First Time?
Entrepreneurs face tremendous challenges when attempting to start a new business. Many run out of steam, and capital, before reaching their fifth anniversary. According to statistics released in 2018 by the Small Business Administration (SBA), only about 50% of new companies survive beyond five years. A well-thought-out strategy and access to working capital are vital […]
What Business-Specific Benefits Do Business Cards Offer?
Business credit cards offer numerous special benefits geared toward the entrepreneur. These include programs that give you points or cash-back rewards for common business expenses, travel perks that make life easier during company-related trips, higher credit limits, and more. Like a typical personal credit card, a business card provides you with a pre-approved funding source […]
How to Build Your Business Credit Score
Opening and using a business credit card is a proven strategy to build business credit. Through careful card management, your firm can establish a favorable financial track record and demonstrate its creditworthiness. These efforts demonstrate to potential lenders that you’re a low-risk investment, giving them the confidence to lend you money down the road. Lacking […]
Why is Credit Utilization Important for Small Businesses?
Why Is Credit Utilization Important for Small Businesses? Credit utilization, or the total credit amount you are using, is an essential component of how your credit report is scored. It is also one of the few factors you can change fairly rapidly. Certain negative marks can stay on your credit profile for up to seven […]
What Business-Specific Benefits Do Business Cards Offer?
Business credit cards offer numerous special benefits geared toward the entrepreneur. These include programs that give you points or cash-back rewards for common business expenses, travel perks that make life easier during company-related trips, higher credit limits, and more. Like a typical personal credit card, a business card provides you with a pre-approved funding source […]
What Is the Impact of COVID-19 on Lines of Credit?
The COVID-19 pandemic led to a considerable shock to corporate revenue streams. It left many firm owners with less available working capital to cover accounts payables. The Consumer Financial Protection Bureau (CFPB) issued a report concluding that as of June 2020, there wasn’t a notable increase in pandemic-related credit delinquency. The report attributed this fact […]
Amex Business Gold Card Vs Amex Business Platinum Card
Credit cards can offer a convenient way to pay for your company’s expenses while also building credit and earning valuable rewards. There are considerable variations among small-business cards, so how do you know which is best for you? If your operations involve frequent business travel, you may gain the most benefit from cards that offer […]
What Are the Key Differences Between the Chase Ink Business Cash Card and the Chase Ink Business Unlimited Card?
Chase has two impressive credit cards for small business owners who love cashback: The Ink Business Cash Credit Card The Ink Business Unlimited Credit Card Each card offers the potential to store up rewards on daily business spending, a plentiful introductory APR on new purchases, and a healthy sign-up bonus. Selecting which to sign up […]
Amex Blue Business Cash Card Vs Amex Blue Business Plus Card
Amex Blue Business Cash Card Vs Amex Blue Business Plus Card American Express offers two small business cards packed with competitive perks – the Blue Business Plus Card from American Express and, launched a few years ago, the American Express Blue Business Cash Card. Since the Plus card earns Membership Rewards points and the Cash card earns […]
What is Introductory APR?
An introductory annual percentage rate (APR) is a rate that credit card companies use to draw customers. The rate, also called a “teaser rate,” is usually in effect for a fixed number of months, beginning immediately after a new client opens an account. It is typically lower than the standard APR and is often as […]
How is Business Credit Score Calculated?
Bank loans, credit cards, and lines of credit can bolster your working capital, giving you resources to purchase inventory or expand operations. Your company’s credit score affects the cost of these debts and how much you can borrow. Knowing how your business credit score is calculated can be vital for building and improving your firm’s […]
What is a Good Credit Utilization Ratio for Your Business?
What Is a Good Credit Utilization Ratio? Credit utilization is the total amount of your established credit limits that you are using. Whenever you make a purchase using a credit card or borrow against a credit line, your utilization goes up, and your available credit decreases. The balance between the amount you owe and the […]
What Rewards Can Be Earned with the Ink Business Cash Card?
The Ink Business Cash Card by Chase is a credit card that offers back cash bonuses on purchases you make using the card. And unlike many business credit cards, there is no annual fee. This appealing feature benefits small companies that may not earn enough rewards to offset the high upfront costs associated with other […]
What is Considered a Good Business Credit Score?
You probably know a lot about your consumer credit score — where to find it, how it is calculated, and how high it needs to be to get the best rates on loans and credit cards. Determining a good business credit score to shoot for, on the other hand, may be more complicated. The systems […]
How to Manage a Business Line of Credit
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 […]
What is the Average Small Business Score?
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 […]
Is the US Bank FlexPerks Business Travel Rewards Card Good For Your Business?
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 […]
Pros & Cons: Blue Business Cash Card from American Express
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 […]
What We Think of the Capital One Spark Classic for Business Card
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 […]
Should You Ever Use Your Personal Credit Card for Your Business Expenses?
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.
The Best Business Credit Cards for a Sole Proprietorship
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.
A Complete Review of Revolut for Business
You might consider adding Revolut to your repertoire — its easy international payments, prepaid business cards, and open API offer a strong option for businesses.
Should You Run a Business Credit Report?
A business credit score is similar to a personal credit score in that it reflects the financial history of a business. Your business credit score rates the quality of your business’ financial dealings, including credit, bill-paying history, debt-to-credit ratio, defaults or bankruptcies, creditworthiness and more.
How to Get Business Credit
Determining how to get business credit is as easy as doing a bit of research and forming a strategy that fits your business.
Earn Points While You Work: Business Credit Cards With Rewards
When you have so many card options vying for your business, the least they can do is help nudge your goals along! Here are the best business credit cards that also offer you valuable rewards.
Curious What Your Business Credit Score is? Here’s How to Find Out.
Your business credit score is a key metric used by banks and other investors when deciding whether you pose a worthwhile financial risk. If you have a poor score, you could miss out on critical business loans, lower interest rates, higher credit limits and more favorable repayment terms.
How to Pull a (FREE) Business Credit Report
A business credit report offers a summary of your business’ financial dealings, including your history of paying bills, debt-to-credit-ratio, defaults or bankruptcies, creditworthiness and more.
Everything You Need to Do to Build & Establish Business Credit
A high business credit score may help you land lower rates for insurance, and it can also help create a positive impression for other companies that are considering doing business with you.
Citi Business Credit Cards: Read Reviews & Understand Your Options
Business credit cards can offer small businesses a lot of benefits, including a way to separate spending, manage cash flow, and earn rewards. Citibank offers several credit card options for small businesses. Read reviews to choose the right one for you.
Don’t Fret: We Have a List of Business Credit Cards for Bad Credit
Credit cards can also help your business develop a credit history, which is important should you want to secure business financing or more favorable credit terms in the future.
What is ChexSystems & What Does it Mean to Your Business Credit?
ChexSystems is a check verification service and consumer credit reporting agency that provides details about consumer deposit accounts to banking institutions.
Your Experian Business Credit Report: How to Dissect & Understand it
In this post, we’ll explain how Experian calculates your business’ credit score and walk you through the credit report that comes with it.
A Complete List of Small Business Credit Cards
The industry continues to tout the many, many reasons why small businesses like yours need business credit, as well as the integral role it can play in taking your company to the next level.
Bank of America Business Credit Card Review
Bank of America offers three primary business credit cards. It’s not uncommon for many banks to offer specific credit cards catering to business customers, with features and benefits that could help you cut costs upfront.
The Basics to Building Business Credit
With all the balls you’ve got in the air, it can be easy for your business credit to slip down your priority list.
Your One-Stop Shop on How to Build Business Credit
According to the Federal Reserve Bank of New York, more than 50 percent of small business owners who apply for loans fail to obtain them, and it’s usually because of poor business and personal credit scores (or recipients that have been mismatched with lenders).