Did you know that over 70 percent of small businesses use credit cards to finance their businesses, and that the smaller the business, the more likely credit cards are used? With so many small business owners utilizing credit for their business needs, credit card companies are clamoring for your business.
Special rates and deals galore exit and are ripe for the picking, if you just do a little homework. A good place to start is to check out IndexCreditCards.com. You can compare current credit card offers by viewing the Low Interest Business Credit Cards and Business Credit Cards with Rewards sections of the website.
What are the benefits of establishing a company credit card? Consider:
1. The ability to separate personal and business finances.
2. Business discounts offered by many business suppliers.
3. Special introductory offers.
4. Business rewards.
5. Higher credit limits and the possibility of more easily securing additional credit lines and loans, if needed.