Small business credit scores are similar to personal credit scores – except they are specifically ratings for businesses. A small business credit score is important to a business owner, and to the businesses which interact with that small business, such as vendors and suppliers. What Are Business Credit Scores? Small business credit scores put a number […]
A business credit bureau keeps tabs on businesses. The business credit reporting bureaus collect data from various sources, including information from lenders about payment history and information from other creditors, such as suppliers. There are three major business credit bureaus, plus a few others. The bureaus also collect information from business credit reporting agencies about […]
If you’re thinking, “Why should I get a business credit card for travel?”, here are your answers. It’s not the right type of credit card for every small business owner. But if the bulk of your spending involves airfare, lodging and rental car expenses, a travel rewards-focused card is for you. What is a Business Travel […]
The National Retail Federation has added its voice to those from both sides of Congress in urging Visa and Mastercard to cancel increases in credit card swipe fees. Visa and Mastercard Urged to Not Increase Credit Card Swipe Fees on Small Business The swipe fee raise is due to come into effect this month, but […]
MidCap Enterprise Credit rating enhanced its senior credit facility with Wells Fargo Cash Finance to $200 million. This upsize will permit MidCap to aid the advancement of its existing asset-primarily based lending small business and help the launch of its equipment finance vertical, MidCap Tools Finance, which will concentrate on offering devices leases and financial loans between […]
Visa has announced it will be lowering credit card interchange rates or swipe fees for both online and in-store transactions by 10% for small businesses, according to an AP report. Visa Will Lower Credit Card Swipe Fees for Small Business The lower fees begin in April, with Visa hoping they will help maintain their status […]
Your credit score is dismal, and you can’t seem to pay off your personal credit card. You’d think with that credit history, you’d never be approved for a business credit card. You’re wrong. Even with a bad credit score, you can get a card. Business credit card companies will approve your application for certain types […]
Your small business credit card should be like another employee, working for you. When everyday business purchases earn rewards for you, your card becomes a valuable business tool. What is a Rewards Business Credit Card? You get rewards for using the card. First, you use the card for eligible purchases. When the credit card bill […]
If you buy something through our links, we may earn money from our affiliate partners. Learn more. Credit card issuers are competing for your business. One of the simplest ways they do that is by offering cashback cards. Small business owners love these for their simplicity. Put eligible purchases on the card, pay the ill, […]
If you buy something through our links, we may earn money from our affiliate partners. Learn more. You can get a credit card for your business that doesn’t require a personal guarantee. You’ll need to provide your personal credit score as part of the business credit card application. Credit card issuers for the no personal […]