Small Business Credit Cards

Written by Jessica Duquette
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Small business credit cards can sometimes position a small company next to larger companies when it comes to spending power. Even if a small business may not have the cash or revenue that a bigger competitor does, a corporate credit card can allow them to "play with the big boys," if only for one deal. It is important to remember that although the small business does not have to pay for the expense now that they should not incur more cost than they can afford.

Maybe you or someone you know has become fed up with their nine to five occupation, and decided to work for themselves. This may sound great at first because you no longer have a boss but you will quickly realize that running any small business is extremely costly. Not only do you have to worry about a phone bill or internet connection but you will also have cases where costs arise that you did not expect.

The Power of Small Business Credit Cards

Should you face a situation when you need to make a purchase but don't have the cash, a small business credit cards account will allow you to buy what you need to keep your business afloat. Just because your clients may be slow in paying does not mean that your company should suffer and not continue to flourish. Having a credit card that is separate from your individual account may be able to save your dream.

Finding the Right Card

Just about every major financial institution offers personal or corporate credit cards. In many cases, they may also offer the card in conjunction with a sponsor or corporate retailer. The cards may have all the same interest rates but one may offer frequent flyer miles or other perks that you can use. Only you will know what extras most appeal to you.

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