If you have good credit then you should have no problem. As long as YOU know you can meet the mortgage payments and be responsible for paying off your credit card most credit card companies are more than happy to accommodate you. Also, be careful with applying with personal guaranteed business cards. Just because they are for business use you will still be responsible for it. Thus, that is still like any other personal credit card which you have decided to use for the business. A true business credit card is the one that does not take your social into consideration, or at the most it asks you to personally guarantee the debt.
You can apply online for a business visa credit card from the Visa website. It allows you to have separate business and personal expenses as well as regular savings on business products.
You will have to file a corporation, or LLC. Apply for a credit card with that particular EIN, and go from there. This is generally different than your personal.
There are personal and business lines of credit. If personal, they are often secured by the equity in your home. Find a local bank or credit union that offers home equity lines of credit and apply. They'll be happy to answer your questions. If it is a business line of credit, talk to the business lenders at your bank. Some credit unions also offer business loans. The approval will be based on your credit history, income level and assets available to secure the loan. In the United States, you must be 18 to apply for a loan.
Yes you usually have to put down a personal guarantee when you apply for small buiness credit cards. This way they know you will pay back your money and it makes you less of a liability.
Go to a bank with all of your official business documents and apply for a line of credit. They will base their decsions upon the soundness of your business plan, any possible collateral of the business or your own and the your personal and business history. The link mentioned below has few more ideas.
Yes, business credit cards are a superb way to build your businessâ€™ score, which will help you get an unsecured loan. In case your personal credit rating is just too low to qualify for a loan, itâ€™s possible to apply a business credit card to set up an independent business credit score over time.
Right now in todays economy it is hard to get a loan if you even have a blemish on your credit. However, If you apply for a EIN #, you get a tax number that establishes your business. They will take your personal credit into consideration as well.
You can do so at businessfinance.com
You can easily apply for a personal credit card by going to a bank near you and talk to a banker. He will help you out and explain to you how it all works.
The paperwork the needs to be submitted to apply for a business credit card is all of the business registration information to prove that the business has been approved federally.
I would first talk to your personal bank since you already have a relationship with them. Most major credit companies offer business acounts and will issue more then one card for employees for now additional cost.
Yes, you can apply online for a business credit card. Site offer this, on being http://canada.creditcards.com/. You just have to fill out the application.