Category: Business Credit Cards

US Credit Card Debt at All Time High: Small Businesses Owners Impacted

US Credit Card Debt at All Time High: Small Businesses Owners Impacted

Key takeaways:  US credit card debt has been growing significantly in recent years. More Americans are falling behind on payments. Small business owners may be impacted directly or indirectly.  Small business owners may feel the impact of rising credit card debt in a number of ways. As credit card debt climbs along with delinquencies, credit card issuers begin to become more careful about who they issue credit cards to, and the credit limits they offer on those cards. This can… Read More
What Small Business Owners Should Know about 0% APR Credit Card Offers

What Small Business Owners Should Know about 0% APR Credit Card Offers

Given the opportunity to borrow money with no interest to start or grow their business, many small business owners would jump at the chance.  By using business credit cards with 0% introductory APRs, many small business owners are able to access interest-free financing for a period of time.  0% intro APR business credit cards offer small businesses flexible financing— and many times at little to no cost. Some cards also offer rewards like cash back or travel rewards. But there… Read More
The Biden Plan to Cap Credit Card Late Fees and Does It Apply for Business Cards?

The Biden Plan to Cap Credit Card Late Fees and Does It Apply for Business Cards?

I was on vacation when I forgot to pay one of my credit cards. When I returned home a few days later I got a notice that my payment was late, and that my account was assessed a late fee.  I was annoyed at myself—and by the fee—but at least I could take comfort in knowing I’m not alone. The Consumer Financial Protection Bureau (CFPB) reports that American consumers are charged some $14 billion a year in late fees.  That… Read More
Easy to Get Business Credit Cards

Easy to Get Business Credit Cards

Whether it’s an upcoming business trip or a major purchase you need to finance over time, there may be times when you need to get a business credit card quickly.  Applying for any type of small business loan or financing, including credit cards, can seem intimidating though. Will you be approved? How long will it take?  Here we’ll explain how easy (and fast) it can be to get a business credit card, based on your business needs and qualifications.  How… Read More
Enhance Your Small Business Finances With 5 of Nav Prime’s Key Features

Enhance Your Small Business Finances With 5 of Nav Prime’s Key Features

Managing financial goals is one of the many tasks business owners and entrepreneurs have on their plates on a daily basis. Nav Prime is a business bundle that helps you simplify your small business finances and build up credit to get better financing.  Nav Prime includes the Nav Prime Card, up to six detailed credit reports, and a business checking account. Brief Background on Nav Prime as a New Financial Solution Small business owners can think of Nav Prime as… Read More
Small Business Loans vs Business Credit Cards: Making the Right Financing Choice

Small Business Loans vs Business Credit Cards: Making the Right Financing Choice

It's great if your business grows without ever having to borrow a dime. But most businesses use some form of financing, whether it's a business credit card to pay for purchases, or a line of credit for times when cash flow is tight.  Deciding which type of financing to use when can feel daunting. Businesses are often flooded with offers for credit cards and financing. If you wait to look for financing when you desperately need it, you may pay… Read More