Credit Cards - Can Be Used For Business Purposes

Credit Cards:

Credit cards, whether personal or business, are a great way to make needed business purchases and keep those transactions separate from personal purchases.

Further, if used properly, credit cards can help businesses better manage their working capital, their cash flow and entire operations from a financial perspective!

Or, Search For Other Great Credit Card Products.

Keep in mind that personal credit cards are just as good as business credit cards (if you can't qualify for a business credit card) as long as you simply use the card and its credit line just as you would a business credit card!

Benefits of Credit Cards

Credit cards are simply revolving lines of credit that can be drawn upon when purchases are made or cash is advanced, paid back either in full or over time then repeated as needed. Most credit card products operate just like simple business lines of credit without the 12 month or less term associated with these other business line of credit products.

Credit cards are short-term financing vehicles and should be used as such. Using them any other way will result in excess interest and fee charges; charges that can hurt the business more than the credit card can help.

Benefits of Credit Cards:

Delay payment. Most credit cards offer delayed payments over the billing cycle plus up to 25 days grace period before any payment is due. This allows a business to purchase needed items immediately then delay paymnt until cash flow is stronger.
Can provide credit cards to employees with limits to both amounts that can be spent as well as where the credit card can be used.
Easier to manage than checks with detail transaction records and spending reports.
If used for short-term financing, no interest charges as balances are paid in full before interest charges are due.
Can be a simple working capital line of credit for businesses needing immediate cash for operations or growth.

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Other Credit Card Products That Are Great For Business:

	IBERIABANK Visa Gold - Variable Rate APR ranging from Prime + 5.00% thru Prime + 11.00% - Earn 1% in cash back credit on all qualifying purchases - Low Introductory APR on balance transfers for your first 6 billing cycles* - No limit on cash back - No annual membership fee
	American DreamCardT MasterCard® Sweepstakes - Large Monthly Cash Jackpots! - Get 1,000 entries just for applying! - Earn entries from everyday shopping!* - Annual fee based on credit from $0 to $59 per year.
	Discover® More Card - Low or no introduction APRs until January 2010 - Low or no balance transfer APRs for the first 6 months - No annual fees - Apply in minutes and get a response in 60 seconds
	True Earnings® Card from Costco and American Express - Earn cash back virtually everywhere you go - 3% for gas, 3% for restaurants, 2% for travel, 1% everywhere else - No Limit on the Cash Back earned - No Annual Fee with your paid Costco Membership

*Please see the individual company's web site for additional details and qualifications
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Personal Credit Cards - Business Credit Cards - Business Money Today

Credit Cards - Can Be Used For Business Purposes

Credit Cards:

Benefits of Credit Cards

Benefits of Credit Cards:

Other Credit Card Products That Are Great For Business:

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