Seeing your credit score drop can be scary, especially when you may be running a business that may need capital soon. But with time and good behavior, you can bring your score back up. Here are some tips on how to recover from a business credit score drop. In this article: What is a business […]
Your business is up and running. You’re proud of your brand and your product. Then, you get a denial on the small business credit card you’d hoped would help your business move forward. Don’t panic — you can take steps to understand what happened and resolve the issue. In this article: Figure out why you […]
If you operate a small business and are thinking about getting a small business credit card, you may have wondered if a business credit card will affect your personal credit history. The short answer is it can, but only if you don’t handle the account responsibly. For a more detailed explanation, read on. In this […]
Maybe you’ve been running a small business for a while. You might have a small business card that has served its purpose — but you’re not sure if it’s still what you need. How do you make the call whether or not it’s time to upgrade to a different card? In this article: Evaluate your […]
If you’re a business owner who’s happy with your rewards business card, but sometimes find yourself needing a higher credit limit, there’s good news — with good behavior and a good relationship with your bank, you may be able to request a higher limit on your existing card. Before you make the request, here are […]
If you are a small business owner who wants to earn cash back on every purchase without paying an annual fee, American Express has a solution for you. The latest addition to American Express’s small business card portfolio — the American Express® Blue Business Cash Card — lets cardholders earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%, and charges no annual fee. Additionally, the card offers Expanded […]
As a small business owner, odds are there’s a lot on your plate. You have to deal with customers, employees, vendors, bills and more, to keep things up and running. Using a personal credit card for business expenses isn’t the wisest choice in the long-run and can lead to headaches come tax season. That’s where […]
Hawaiian Airlines may not be a member of the major airline alliances — it has just 64 aircraft in its fleet — but it’s the longest-serving airline in Hawaii. If you’re a business owner who frequently flies Hawaiian Airlines, the Hawaiian Airlines® Business Mastercard® could be a good addition to your portfolio of rewards cards. The best business […]
If you’re looking for a business credit card that allows you to decide how you earn cash back, then take a look at the Bank of America® Business Advantage Cash Rewards Mastercard® credit card. It starts with a $300 statement credit when you make at least $3,000 in net purchases within 90 days of your account opening. It isn’t the biggest bonus in the business category, but it’s a good start. Then, business cardholders can earn 3% cash back on your choice of one of the following six categories: gas stations (default), office supply stores, travel, TV/telecom & wireless, computer services or business consulting services, 2% cash back on dining (for the first $50,000 in combined choice category/dining purchases each calendar year, 1% thereafter) and 1% cash back on all other purchases. You can boost your cashback rewards […]
Starting and running a small business isn’t an endeavor for the faint of heart. Even with small business optimism reaching record highs and 60% of small business owners anticipating growth over the next five years, finding the time, people, and resources to succeed is a constant challenge. If you’re looking for fresh ways to bolster […]
If you’re a small business owner, chances are you’ll need to borrow money at some point for your business to grow. A lender will have to determine whether your business is worth the risk. Business credit reports help lenders make that choice. What is a business credit report? Just as your personal credit report tracks […]
If you’re a business owner who carries a balance month-to-month, you may wonder if all that interest you paid can be written off at tax time. The silver lining to revolving business expenses month-to-month is that the interest, as well as any fees you incur on a business credit card, are tax deductible. Publication 535 […]
