Business Credit Cards

Annual Percentage Rate (APR) is a crucial factor in determining the actual interest rate on your business credit card debt. The prime rate, set by the Federal Reserve, has a direct impact on the standard interest rates offered by credit card companies. An increase in the prime rate can lead to an increase in the APR on your business credit card, negatively impacting your debt. High APRs can make it...

Introduction to CreditBuilder Card Introducing CreditBuilder: The CreditBuilder Card is a  secured credit card that can help you build your credit score by using and making regular, on-time payments over time.  You can get the Credit Builder Card by applying, depositing money, and then the money you deposit is somewhat reflected in you initial available credit limit. Responsibly using the card and...

Business Loans vs. Credit Cards When it comes to financing your business, the decision between business loans and credit cards can be a tricky one. Business loans offer the potential for larger amounts of money but also come with more stringent repayment requirements. Credit cards, on the other hand, offer shorter-term financing but have higher interest rates and lower loan limits. To decide which...

Corporate Credit Reporting Processes As an entrepreneur, you want to make sure that your business is looked at favorably by lenders and financial institutions. One way to do this is through corporate credit reporting – a mechanism utilized by many businesses in order to prove their creditworthiness and track their payment history. Having accurate and up-to-date information on your company's corporate...

When it comes to building corporate credit, the process can be fast but also difficult. There are several steps to take in order to increase your business’s creditworthiness and build a strong financial profile. One should understand that if you're wondering how to build corporate credit fast, it's really not a process that you want to rush too much. You want to build corporate credit properly and with...