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Small-business cards are typically designed to meet the needs of small businesses, while corporate credit cards are better suited to the needs of corporates with millions of dollars in...
Small business and corporate credit cards are both used for business transactions, but there are some key differences. Here’s what you need to know.
Business credit cards tend to come with higher credit limits than personal credit cards. A higher limit can provide more flexibility in the face of the steep operating costs small businesses can ...
Key takeaways. A business line of credit (LOC) can provide financing for larger business expenses but could be more difficult to qualify for than a business credit card. An LOC offers...
Business credit cards are specialized credit cards issued in the name of a registered business, and typically they can only be used for business purposes. Their use has grown in recent decades. In 1998, for instance, 37% of small businesses reported using a business credit card; by 2009, this number had grown to 64%.
Good credit: The highest-quality business credit cards typically require a personal guarantee from the business owner that's backed by a credit score of 700 or higher. So, you'll likely need ...
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