Financially Speaking

Does your business credit card offer you the best benefits?

With half of small home businesses using credit cards to help meet their capital needs, the use of a business credit card is very important.

How does a business credit card affect a business owner’s personal credit? That depends on if the business is a proprietorship or an individual in a partnership verses a corporation.
With a proprietorship or a partnership, a home business credit card is still a personal responsibility. It is best then, to pay off the balance monthly to help maintain a good credit rating.

A corporation is considered a separate entity from the individual so only the assets of the corporation are subject to liability. For this reason, on the application, full legal structure and accounting records are required when applying for a business credit card. Any new corporation would have to wait a period before the application is approved or may be given a secured business credit card to start with.

A credit card for a small company or a home based business, can now have many other perks such as travel accident insurance, employee liability insurance, collision coverage on rental cars, emergency cash, lost-luggage service and detailed reporting.

More details can be found on the
credit card application

Make sure any expenses are strictly related to business, as the statements will be used to as an accurate expense record at tax time. If your credit card has rewards you can use these for personal use. What I like and what you will like is the free advertising this home based business credit card can give you.

Business rewards credit card for small and large companies.

Wow! An interest free credit card for your business. That is a pretty good way to save money for at least 90 days.

That’s right its interest free on purchases but you do have to remember it is only a business credit card offer that is good for 90 days and it’s not even a introductory offer.

Advanta Platinum 90-Day Interest Free BusinessCard Details

Appyl Here

• Enjoy 90 DAYS INTEREST FREE on all purchases…year after year
  • No interest for 90 days on purchases*
    (THIS IS NOT AN INTRODUCTORY OFFER)
  • Business Rewards Program with travel, merchandise and cash*
  • Get a generous credit limit for your business expenses
  • All with no annual fee

  Apply Now!

  This is important *see Terms & Conditions for important information, benefits and limitations

Can this American express blue cash business credit card actually help you lower your small business expenses!

You bet it can if it’s a American express blue cash business credit card. The amex card offers a low apr, no annual fees and for your first six months 0% apr. Now the benefit to your small business is the cash rebate which is up to 5%.

How this lowers your small business expenses is by using your credit card to make all your purchases that relate to your small business. When you use your blue card to purchase things for your company, including fuel and office supplies the cash back rebates really start to add up. When you apply this rebate to other purchases or to pay down your blue cash credit card it lowers the price for purchases. This in turn lowers your expenses.

Take a small store that buys some of its products from a warehouse supplier. If you buy all your items with your blue card and then apply the cash back to other items that you can’t purchase at a wholesale level, you are then able to lower the costs of these items by a few percent. This may not sound like much but at the end of the year you will notice your costs have been reduced up to at least 5%. Everyone with a small business knows that even this small amount can make a big difference when it comes to accounting. This falls in line with the philosophy of our company billsaddup.com and that is in order to reduce our debts we need to do more with less.

Apply for this small business credit card here