Whether you’re looking to understand your business credit score or looking to grow your business credit, our easy-to-understand articles and guides will set you on the path to building the best business credit score possible. With good business credit, you’ll have a solid foundation for financial business health.
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 […]
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.
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 […]
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.
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 […]
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 […]
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 […]