It can be a challenge to finance your business at interest rates that you can afford. You might have taken out a merchant cash advance or some other type of high-interest loan, only to find the interest charges have been consuming your profits and even your operating budget.
Thankfully, there are several small business credit cards that can offer interest-free promotional financing on new purchases, or zero percent APR on balance transfers, or even both. In addition, these cards allow you to earn valuable rewards from your business purchases.
First, let’s take a look at business credit cards that feature 0% APR promotional financing offers for new purchases.
5 Options for 0% APR Business Credit Cards
|Card name||Intro APR Offer||Annual Fee|
|U.S. Bank Business Edge Platinum||12 months of 0% APR financing||$0|
This card carries a strong financing offer and impressive rewards. New applicants receive. Following that, a APR will apply, depending on your creditworthiness. (See for current APR range.)
There is a annual fee for this card.
This card features promotional financing, a cash rewards bonus and strong cash back on every purchase. New account holders will enjoy, followed by a standard interest rate of APR, depending on your creditworthiness. New customers also receive . And all purchases receive , with no limits. There is annual fee for this card, and no foreign transaction fees. (Editor’s Note: This card’s details were updated in March 2018.)
3. GM BuyPower Business Card from Capital One
This innovative card offers introductory financing and rewards that can be used for the lease or purchase of a new GM vehicle. You get a, followed by a standard interest rate of . (Editor’s Note: This article was updated in March 2018 to reflect new terms.)
You also getThere’s fee for this card and no foreign transaction fees.
Interest-Free Offers for New Purchases and Balance Transfers
Here are two business credit cards that offer limited-time 0% interest APRs for both new purchases and balance transfers.
With this card, new applicants getwith a balance transfer fee of After the promotional financing expires, you’ll have a APR of depending on your credit history.
New cardholdersThis card also offers business owners the chance to .
2. U.S. Bank Business Edge Platinum
This card has a very strong introductory financing offer for a small business credit card and a low balance transfer fee. It features 12 months of 0% APR financing on both new purchases and balance transfers, with just a 3% balance transfer fee. After that, the standard interest rate will be 10.49% to 18.49%, depending on your creditworthiness. There’s no annual fee for this card, which doesn’t offer rewards for spending.
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This article was originally written in December of 2016 and updated on April 23rd, 2018.