Small Business Credit Cards


Small businesses are the driving engine of the U.S. economy.
Yet every year, many of them fail due to lack of funds. If
you’re a small business owner, you know the importance of having
resources available to you. Business credit cards offer the
capital you need with conditions you can afford. Here’s how
business credit cards can improve your financial situation as a
small business owner.

Extend Your Cash Flow

Most business credit cards allow you to extend your cash flow.
You can use your card to purchase supplies; then, as you sell
the items or receive payments from clients, you can pay off the
balance. If you do so within the grace period, your card payment
will be interest-free. This allows you to purchase items without
dipping into other accounts.

Keep Track of Expenses

As a small business owner, it is essential to record expenses.
Business credit cards can help you keep your business purchases
separate from your personal ones. Credit card statements will
allow you to track expenses, report any rewards, and simplify
your tax preparation.

Purchase Large Items

All businesses, especially start-up companies, have initial
expenses. They also have large, unexpected costs at certain
times. With a business card, you have access to an additional
line of credit. This can help you get through the ups and downs
of cash flow and business revenue fluctuations.

If you regularly carry a balance on your card, you can look
into business credit cards that offer a low interest rate. In
fact, many include a 0% APR introductory rate or low interest on
initial balance transfers. By paying for items with your
business credit card, you build your credit history. Doing so
will provide future financial benefits for your business.

Enjoy the Rewards

Many companies attach reward programs to their business credit
cards. These rewards range from cash back incentives to travel
rewards. The Advanta Platinum BusinessCard with Rewards and the
Platinum Business Card from American Express are just two of the
many options available.

The Advanta Platinum BusinessCard with Rewards offers a choice
of rebates or rewards for business purchases. The rebate program
offers a 5% rebate on many business-related items, including
gasoline, computers and office supplies. A 1% rebate is given
for all other net purchases. The rewards program allows you to
earn one point for every dollar spent with the card. These
points can be exchanged for travel rewards or pre-paid bonus
cards. The Advanta Platinum BusinessCard with Rewards has no
annual fee and offers a 0% introductory rate on balance
transfers.

The Platinum Business Card from American Express offers 0% APR
for the first twelve months and no annual fee. It also includes
two fee-free additional cards. With the Platinum Business Card
from American Express, you can earn points toward rewards from
20 airlines, 150 hotels, and some of the biggest names in
shopping and entertainment.

As a small business owner, it is important to have access to
various sources of capital. Business credit cards can provide
you with the funds you need at conditions you can afford. And
best of all, business credit cards can earn you extra rewards.
Apply online for your card today; then enjoy the financial doors
it opens for your business.