Who This Is For
check_circle
Businesses managing daily expenses
check_circle
Companies wanting rewards
check_circle
Businesses needing employee cards
check_circle
Companies building credit
check_circle
Businesses with good credit
Key Benefits
rewarded_ads
Earn Rewards
Cash back, points, or miles
folder_open
Expense Tracking
Built-in reporting
shield
Purchase Protection
Fraud protection included
percent
0% Intro APR
Often available for purchases
Common Use Cases
Office supplies and expenses
Travel and entertainment
Online advertising spend
Recurring subscriptions
Emergency expenses
Taking advantage of 0% intro APR
Pros & Cons
thumb_up Advantages
- • Rewards on purchases
- • Very convenient for daily use
- • No interest if paid monthly
- • Separates business/personal
- • Builds business credit
info Considerations
- • High interest if carrying balance (15-25%)
- • May require personal guarantee
- • Lower limits than LOC
- • Tempting to overspend
- • Annual fees on premium cards
compare_arrows vs. Business Lines of Credit
- ✓ More convenient for small purchases
- ✓ Rewards programs included
- ✓ Lower limits but easier to obtain
- ✓ Higher APRs but 0% if paid monthly
- ✓ Better for expense tracking
Typical Terms
payments
Amount
$5,000 - $100,000
schedule
Funding Speed
Instant decision
trending_up
Rates
15% - 25% APR
event
Term Length
Revolving credit
Minimum Qualifications:
- check Credit score 670+
- check Active business
- check Revenue not always required
- check US-based business
No impact to your credit score