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Small business and corporate credit cards are both used for business transactions, but there are some key differences. Here’s what you need to know.
Like personal cards, a business credit card offers lots of benefits, from access to purchase power to points that can be redeemed for cash or other perks, like office supplies. When choosing...
Key takeaways. Small-business cards are typically designed to meet the needs of small businesses, while corporate credit cards are better suited to the needs of corporates with millions...
American Express Company ( Amex) is an American bank holding company and multinational financial services corporation that specializes in payment cards. It is headquartered at 200 Vesey Street, also known as American Express Tower, in the Battery Park City neighborhood of Lower Manhattan. Amex is the fourth-largest card network globally based ...
Business credit cards are specialized credit cards issued in the name of a registered business, and typically they can only be used for business purposes. Their use has grown in recent decades. In 1998, for instance, 37% of small businesses reported using a business credit card; by 2009, this number had grown to 64%.
Good credit: The highest-quality business credit cards typically require a personal guarantee from the business owner that's backed by a credit score of 700 or higher. So, you'll likely need ...
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