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Like personal cards, a business credit card offers lots of benefits, from access to purchase power to points that can be redeemed for cash or other perks, like office supplies. When choosing the ...
It's important to choose a credit card issuer that offers you all the tools you need for success. Consider the tips below as you decide which business credit card is best for your startup. 1. Know ...
With small-business credit cards, the debt liability falls on the business owner, typically. The business owner is personally responsible for paying any debt acquired on the business credit card ...
Personal credit cards can offer 0 percent intro APR periods that last anywhere from 12 to 21 months for purchases and balance transfers. Business credit cards generally offer relatively shorter 0 ...
The sources of debt financing may include conventional lenders (banks, credit unions, etc.), friends and family, Small Business Administration (SBA) loans, technology based lenders, microlenders, home equity loans and personal credit cards. Small business owners in the US borrow, on average, $23,000 from friends and family to start their business.
In late 2007, the company announced the Plum Card for small business owners. In March 2008, American Express acquired the Corporate Payment Services business of General Electric, which primarily focused on providing purchasing card solutions for large global clients, for $1.1 billion in cash.
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