Category: Business Credit

Why Do Credit Card Companies Want to Know My Income?

Filling out a small business credit card application usually isn’t all that hard. It starts by asking you to supply your name, address and other contact information, and then there are usually a few questions about the type of company you have, and its size. They will ask to see a business credit report and they will pull a business credit score for your business. But within all of these boilerplate questions is one that often throws you for a… Read More

How Opening Multiple Credit Cards at Once Can Affect Your Business Credit Scores

You may already know there are two kinds of credit reports that small business owners can build, utilize, and leverage for growth: your personal credit reports and your business credit reports. However, some business owners wonder what happens to their business credit once they open credit a few credit cards at one time. In this article, we'll shed some light on how multiple credit inquiries can impact your business credit scores. Two Kinds of Credit Reports Let's review the two… Read More

ID Theft vs. Fraud: Why You Need to Know the Difference

It took a while for Sheryl (not her real name) to realize the thousands of dollars she thought she was spending to help save her business was instead going straight into the pockets of a scammer. Disbelief turned to outrage and then to desperation. How could she get her money back? Sheryl remembered that she had identity theft insurance, and reached out to her provider in hopes that it would make her whole. She soon learned that identity theft and… Read More

3 Business Credit Cards Lawyers Should Consider

Owning your own legal practice comes with many risks and rewards. A law firm will always have high overhead to cover the costs of professional looking office space and a full-time administrative staff. But all of these costs can be worth it when you land a large client, or win a big case. Just as with any other practice, your law firm needs to have a small business credit card that meets its needs. The right credit card can offer… Read More

How Long Do Mistakes Stay On Your Business Credit Reports?

You ran into financial trouble and now your business credit report won’t let you forget it. Maybe you were busy (or cash crunched) and paid a vendor late. Or you fell behind on your taxes and the IRS filed a tax lien. Or worse, you were sued and a judgment was filed against you. Whatever the reason, a slip up like these can have a serious impact on your business credit reports and credit scores. You’re reminded of it when… Read More

How to Pick a Platinum Credit Card

If you’re into commodities trading, then you know that platinum is nearly as valuable as gold. Credit card issuers love to attach the platinum moniker to their premium rewards cards, in the hopes that customers will find them to be equally valuable. But is a card any better just because it includes “platinum” in its name? Let’s take a look at the business credit cards labeled platinum, and see if any of them are right for you: The Business Platinum… Read More