The Business Gold Rewards Card from American Express OPEN
What Is a Business Credit Card? A business credit card is a credit card intended for use by a business rather than for an individual’s personal use. Business credit cards are available to businesses of all sizes. They can help businesses build a credit profile to improve future credit borrowing terms. Small business credit cards may also be backed by a personal guarantee that integrates a personal liability, which can also help in structuring credit terms. How a Business Credit Card Works Business credit cards are offered from a wide range of lending institutions. The process for applying is similar to a standard credit card application. Business borrowers can apply with or without an employer identification number, which makes it even easier for all types of businesses to obtain a business credit card. Advantages and Disadvantages of Business Credit Cards To obtain a business credit card, borrowers must complete an application. Generally, business credit cards can be easier to apply
