Overall, building business credit without relying on personal credit provides numerous benefits that can give your business a competitive edge. It improves your financial standing, opens up financing options, strengthens relationships with suppliers, and helps you navigate through challenges. Now, let’s...
You generally can't get an unsecured business credit card without personal credit. That doesn't mean you can't work toward an approval, though.
A business credit card is a card intended to be used by a business or business owner. They may often come with unique business rewards, and feature a line of credit like a consumer credit card.
Business credit cards do not impact personal credit scores unless a personal guarantee is involved with card debt. However, credit card issuers or lenders report missed or late payments to consumer credit bureaus, which could affect your credit score. When managed properly, having access to ...
If you're looking for a credit card for your business, it's important to understand business credit card limits and how they can affect your business.
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 require. Yet a personal credit card might be best if you don’t need a particularly high credit li...
When choosing a business credit card, consider annual fees, APR, rewards, etc. to make sure it aligns with your business needs. Getting a small business or startup business credit card is easy. Most lenders will decide on your personal credit history only. You don’t need to have a bus...
You can find a fewbusiness credit cards with no personal guarantee. Corporate cards often fall into this category as well. As time goes on and your business builds a credit history of its own, your personal credit may become less important. However, the guarantee may still remain. ...
Business and Personal Credit Cards: Why Not to Mix Business with PleasureTim Chen
Ink Business Unlimited® Credit Card The Ink Business Unlimited card is a cash-back business card with an unusually generous welcome bonus for a no-annual-fee card. Rewards 5% cash back on Lyft rides (through Mar. 31, 2025) 1.5% cash back on all other purchases Welcome bonus Earn a $...