Small-business credit cards have higher spending limits, low APRs, attractive balance transfer promotions, personalized concierge service, and fringe benefits. But if you're going to pay annual fees, you should pick the one with the best features for you
The Axos Basic Business Checking account is an affordable and user-friendly option for startups and small businesses. As an online-only bank, it’s able to offer perks, like ATM fee reimbursements, that you don’t typically see with business checking accounts at brick-and-mortar banks. It ...
This is a good way to match particular cards with certain types of business. For example, some small enterprises have a seasonal character and an unusually variable inflow of cash, which is why a particular credit card for business may offer an installment plan or discounts if the debt is pa...
Excellent small business credit cards Highly-rated mobile app 24/7 customer service with real reps Cons: Minimum requirements to waive monthly fees Many other banking fees like overdrafts and wires Low business savings account APYs Choose Chase Bank if: You want a large traditional bank with a ...
“whodunit” mystery. Another option is using a business credit card where you can have a series of cards, each with different ending account numbers, that can be tied to a specific property. This is similar to employee credit cards where all the expenditures are reported on a combined ...
Use your EIN when applying for a business credit card. A business credit card can give you a higher limit, so you have more purchasing power for your business. Another big pro is that a lot of business cards offer business-related rewards and/or an intro 0% APR period. Make sure the...
With a line of credit, you draw individual loans from your line and can draw funds as needed up to your available line amount. You only pay interest or fees on the loan amount that was drawn. Common uses for loans drawn on a business line of credit include addressing gaps in cash ...
loan. Lenders might consider both the owner's and business' credit and finances, the business plan, financial statements, and the business owner's experience. Some lenders may also list more specific requirements. For example, they may only offer loans to businesses that are at least two years...
As digital payments evolve and credit card usage soars, having the power to accept credit cards is critical for any small business. Giving customers the option to pay with credit cards is a big step toward simplifying their world and yours. Why small businesses should accept credit cards ...
Benefits of Group Health Insurance While group health insurance isn’t the only way to give an employee some healthcare benefits, it’s one of the most popular. Providing a group health insurance plan has several benefits for your business and your employee, such as: Tax Cr...