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Title: How to get small business credit card if you have good credit Post by: Daniel Franklin on November 07, 2007, 12:10:37 PM How to get Small Business credit card when you have good credit?
Demand for small Business credit cards are growing rapidly over the past few months in America. But so many owners who need a credit card for their business still facing some difficulties to obtain a business credit card Well,just because you have never had a credit card, doesn't mean you have good credit If you've never had a business credit card this is not a "good credit history" it is "no credit history" If you are not able to get approved for a regular account, try setting up a secured credit card. This is where the bank will hold an amount of money in a savings account as security in case you don't pay on your account. This security balance will accrue interest like any other savings account. After you have demonstrated a good payment history try appling again for a traditional credit card. Or, you could just go without a credit card and use a Visa or MasterCard Debit card that draws fund directly from your checking account. Now a days you dont have to look for small business credit cards. Many Banks send their marketing people and often it is a hard choice which ones to choose from. If you are not getting any market solicitations offering your card , visit the websites of big banks and write a mail to them asking them to send a marketing executive who will help you in the procedures. They would need your proof of income, tax returns and photos and such documents. Check up the various cards for features like fees, terms and the service they offer and choose the one best suited for your needs Another great way to get Small business credit card is apply online, to the type of credit card that you want and sign up. but let me suggest that there are many credit cards out there, and there alot of good ones that you don't need one that has an annual fee. Discover is great for smal business credit cards, also check with your bank, they may have a great option for you, that not only will be based on your credit history, but your bank history with them, meaning the longer you have been with them, and the more account that you have, may mean a better interest rate on the credit card...Also...have to state...BE CAREFUL! If you have good credit you want to keep it that way. Don't go overboard with the spending on it. For more information about small business credit cards visit http://smallbusinesscreditcardsinfo.com Articles Source - Free Articles About the Author I am writing for http://smallbusinesscreditcardsinfo.com |