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Secured vs. Prepaid Business Credit Card: Your Best Option

Fundera

With a prepaid business credit or debit card, the user preloads with the value of their choice from a business bank account —which means you can’t spend more than their limit. Prepaid cards also carry logos of major credit card companies like Visa or Mastercard, so they’ll work where most credit cards are accepted.

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4 Easy Business Credit Cards to Get Approved for ASAP

Fundera

Maybe they have a recent bankruptcy on their report, which can cause major damage to a credit score. . But your credit score is important to lenders, including credit card companies, because that score is just one, handy way of showing lenders how well or poorly you’d be able to manage your loan.

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Personal Liability and Business Credit Cards: What’s Important to Know

Fundera

If the worst-case scenario occurs, and your business falls behind on their credit card payments, the credit card company can leverage that personal guarantee and seize any and all of your personal financial assets to recoup that missing debt. Here’s how to make sure you don’t default on your payments: 1.

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The Ultimate Guide to Managing Small Business Finances

Fundera

You can view the status of your finances at a glance using dashboards or create customized reports. This fully featured accounting tool also uses dashboards, generates reports, creates invoices, handles payroll and expenses, and syncs with your bank account. Don’t max out your credit cards.

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The Ultimate Guide to Managing Small Business Finances

Fundera

You can view the status of your finances at a glance using dashboards, or create customized reports. This fully featured accounting tool also uses dashboards, generates reports, creates invoices, handles payroll and expenses, and syncs with your bank account. Don’t max out your credit cards.

article thumbnail

The Ultimate Guide to Managing Small Business Finances

Fundera

You can view the status of your finances at a glance using dashboards, or create customized reports. This fully featured accounting tool also uses dashboards, generates reports, creates invoices, handles payroll and expenses, and syncs with your bank account. Don’t max out your credit cards.