Take a Look at Secured and Unsecured Business Credit Card

| July 21, 2011 | 0 Comments

Take a Look at Secured and Unsecured Business Credit Card

Free Online Articles Directory

Why Submit Articles?
Top Authors
Top Articles

Publish Article

0 && $.browser.msie ) {
var ie_version = parseInt($.browser.version);
if(ie_version Login

Login via

My Home
Sign Out



Remember me?
Lost Password?

Home Page > Business > Small Business > Take a Look at Secured and Unsecured Business Credit Card

Take a Look at Secured and Unsecured Business Credit Card

Posted: Sep 24, 2010 |Comments: 0


Having good credit history is certainly an advantage when applying for new credit. The same thing is true for business owners who want to obtain a business credit card. There are actually two types of credit cards for business – Secured and Unsecured Business Credit Card. In this post, we will discuss what each of these business credit cards have to offer and how you can choose the right one for you.

The Non-secured Small Business Credit Card

Any small business with good personal credit can easily get approved for a business credit card. Even if you have just started up your company and have yet to build business credit, getting approved should not be a problem. In fact, using a business credit card is a great way to build your corporate credit as long as you pay your balances on time.

The Secured Small Business Credit Card

Secured business credit card issuers do not grant approval based upon the applicant’s credit rating. Nevertheless, this type of account does require the submission of cash deposit. The value of your security deposit will also determine the value of your credit line. Through this arrangement, the bank or issuer gets some assurance that funds are readily available in case you fail to keep up with your payments.


The great thing about secured business credit cards is that they can be used to rebuild your bad credit. How? Through regular use of the credit card and timely payments, an entrepreneur can surely rebuild his/her personal credit rating while building good business credit at the same time. It will usually take just a few months to a year to improve bad credit, depending on how bad the damage is.

Things to Remember About Credit Cards

Which is business credit card is for you? Obviously, if you have no problem with your personal or business credit history, you should look for a business credit card that offers the best deal. On the other hand, if you have imperfect personal or business credit, acquiring a secured credit card will give you the break you need. Regardless of what type of business credit card you use, you must follow these simple tips for cardholders:

Choose credit cards that report to business credit trackers. Indeed, not all credit cards for business available in the market provide credit reporting to the business credit bureaus. You must make sure that this provision is included before signing up for a business credit card.

Choose a credit card that matches your business. Consider carefully your financing needs as a business and look for a credit card that can provide you with the assistance and services you need. If you want a reward business credit card, see to it that the program is easy to follow.

Pay attention to payment schedules. Never underestimate the importance of paying on time. There are many advantages to being a prompt payer such as not getting penalized with fees, reducing the risk of debt build-up, and maintaining good business credit.

Use your business credit card for business only. Fight the temptation to use your business credit line for your personal whims as this can easily lead to problems. Always keep your personal and business finances separate from each other.

Watch your traffic increase just by submitting articles with us, click here to get started.
Liked this article? Click here to publish it on your website or blog, it’s free and easy!

Pamela Williams
About the Author:

Pamela Williams is a Loan Consultant, Internet Marketer, Writer and owner of BusinessCreditCardSite.com, a finance company Las Vegas Nevada providing support for businesses all across the US particularly with obtaining business credit cards. Visit www.BusinessCreditCardSite.com

Questions and Answers

Ask our experts your Small Business related questions here…


200 Characters left

A business credit card debt was reported in my Personal Credit report as a O-9 (COLLECTION).Can a business debt that was open under my EIN be reported in my personal credit report? How can I remove it
Does citibank have a secured credit card ?
I just read that credit card interest is tax deductible as a business expenses for businesses, contractors, self-employed. Is this true for 2010?

Rate this Article


0 vote(s)




0) {
ch_selected = Math.floor(Math.random()*ch_queries.length);
if(ch_selected == ch_queries.length) ch_selected–;
ch_query = ch_queries[ch_selected];
ch_query = document.title;

Source:  http://www.articlesbase.com/small-business-articles/take-a-look-at-secured-and-unsecured-business-credit-card-3333411.html

Article Tags:
Unsecured Business Credit Card, secured business credit card, business credit card application, credit card for business, secured credit for business, good credit credit cards

Related Videos

Related Articles

Latest Small Business Articles
More from Pamela Williams

Fighting Credit Card Fraud

Specific ways that you can help avoid credit card fraud. (01:01)

How to Navigate New Credit Card Offers

Read more:
Best Credit Cards for You
Whether you carry a balance or pay it off, and whether you want air miles, cash back or payment flexibility, we’ve analyzed all the offers out there to find the best card in each category. (01:42)

Ask the Experts: Credit Cards And Credit Score

Consumer Reports Executive Editor Greg Daugherty and MoneyWatch blogger Stacey Bradford join MoneyWatch editor Jill Schlesinger to answer your questions about credit cards. (13:31)

How to Pick the Right Credit Card Plan

Joan Goldwasser explains what to look for when choosing a credit card, where to find it, and what to do if you’re suffering from bad credit. (01:54)

Dos and Don’ts of Using Credit Cards in the Downturn

MoneyWatch’s Eric Schurenberg fills us in on some of the tricky ways credit card issuers are putting the squeeze on customers and what you can do to fight back. (01:51)

Business Credit Cards And Unsecured Line of Credit

Through a sufficient credit line, a business is given more flexibility in acquiring the necessary funds it requires. As the business continuous to grow, a bigger credit line is necessary. There are two financing alternatives accessible that the business owner needs to consider the small business credit cards and the unsecured business line of credit.

Paul Hatal

Aug 19, 2008

Secured Credit Cards – the Good and the Bad

If you are unable to get a normal credit card because of poor credit, all hope is not lost. A secured credit card is different in that it utilizes funds a consumer has placed in a savings account. The secured card is protected by the savings account. Therefore the consumer is “borrowing” from his or her own account. In this way the consumer can re-establish their credit repayment history thereby exhibiting improved credit worthiness.

Michael Killianl

Feb 12, 2008

Do You Have Bad Credit? What Will Work For You Among the Credit Cards Offered

Don’t let bad credit stop you from getting and using a credit card. Even if your credit rating has gone bad the last few months and you badly need a credit

Juliet Spaldingl
Sep 28, 2010

Prepare To Check Your Credit Score Quicker Than Ever

The truth remains to be that when most people make application for

Jan 31, 2011

Credit Cards For Poor Credit

bad credit, finance, loans, credit repair, credit cards

Cary Olsonl
Feb 18, 2010

All About Finding Good Quality Timber In Bristol

When you are thinking about building a fence, then the kind of wood you need to choose must be given given due consideration. The wrong choice may cost you more in the long run, with maintenance and repairs. Timber is the best choice for hundreds and thousands of Britons from all around the country.

Winston Jenkinsl

Small Businessl
Jul 21, 2011

Why Timber Is Essential In External Home Renovation?

As home owners, it is our obligation to ensure that our homes are nothing but the best. There are a number of reasons why you must constantly beautify your home. First of all, by constantly renovating and remodelling, you are always making your home different from the rest.

Winston Jenkinsl

Small Businessl
Jul 21, 2011

Build Sturdy Fences With The Right Fence Panels In Bristol

If you are looking for a more secured home, then nothing comes closer to enhancing the security than fences. The right kind of fences can provide the adequate security to your property. If you have children in your home, then you must make sure that they have the right kind of area to play and one that is safe and secure for them. However, you must make sure that the kind of fence gives you the value for money that you deserve.

Winston Jenkinsl

Small Businessl
Jul 21, 2011

Fence Panels: Selecting The Best

If you are considering setting up a wooden fence around your property then you need to invest in good quality fence panels. Bath home owners take their time in picking out the right variety for their properties. These wooden barricades have a lovely old world charm and bring back memories of Tom Sawyer whitewashing his picket fence.

Winston Jenkinsl

Small Businessl
Jul 21, 2011

All About Decking

Are you a home owner who is looking for ways and means to make the home better? Do you have the money and space for any new home addition? Do you want something better than just a swimming pool which has a high maintenance cost? Then you must think about installing a deck. Decks are some of the most awesome home additions that not only beautify your home, but increase their value as well.

Winston Jenkinsl

Small Businessl
Jul 21, 2011

Protecting Your Personal Credit Before Applying For Business Credit Cards

How can you protect your personal credit from damage before applying for a business credit cards? Check out these steps.

Pamela Williamsl

Small Businessl
Jan 27, 2011

What can you Get from a Secured Business Credit Cards

Having a problem on your business credit? Check the secured credit cards for business and know the benefits it can offer for your business.

Pamela Williamsl

Small Businessl
Oct 27, 2010

Why Is It Important to Apply Small Business Credit Cards?

What are really the advantages of using a credit card for small business? Take a look at this article to find out why entrepreneurs should get a small business credit cards.

Pamela Williamsl

Small Businessl
Oct 19, 2010

The Naked Truth About 0% Business Credit Cards

Don’t you know that zero interest credit cards do have hidden secrets? So what’s the truth behind it? Check this article to find the answers.

Pamela Williamsl

Small Businessl
Oct 12, 2010

Important Facts About Business Credit Card

Despite the advantages of a business credit card, there are certain risks that must be avoided as well. Listed here are the facts about business credit cards.

Pamela Williamsl

Small Businessl
Oct 08, 2010

Add new Comment

Your Name: *

Your Email:

Comment Body: *


Verification code:*

* Required fields


Your Articles Here
It’s Free and easy

Sign Up Today

Author Navigation

My Home
Publish Article
View/Edit Articles
View/Edit Q&A
Edit your Account
Manage Authors
Statistics Page
Personal RSS Builder
My Home
Edit your Account
Update Profile
View/Edit Q&A
Publish Article
Author Box

Pamela Williams has 28 articles online

Contact Author

Subscribe to RSS

Print article

Send to friend

Re-Publish article

Articles Categories
All Categories

Arts & Entertainment
Food and Beverage
Home and Family
Home Improvement
News and Society
Self Improvement
Sports and Fitness


Ask an Expert
Business Ideas
Business Opportunities
Customer Service
Home Business
Human Resources
International Business
Non Profit Organizations
Online Business
Project Management
Public Company
Public Relations
Six Sigma
Small Business
Strategic Planning
Team Building


Need Help?
Contact Us
Submit Articles
Editorial Guidelines

Site Links
Recent Articles
Top Authors
Top Articles
Find Articles
Site Map
Mobile Version

RSS Builder
Link to Us

Business Info

Use of this web site constitutes acceptance of the Terms Of Use and Privacy Policy | User published content is licensed under a Creative Commons License.
Copyright © 2005-2011 Free Articles by ArticlesBase.com, All rights reserved.

Pamela Williams is a Loan Consultant, Internet Marketer, Writer and owner of BusinessCreditCardSite.com, a finance company Las Vegas Nevada providing support for businesses all across the US particularly with obtaining business credit cards. Visit www.BusinessCreditCardSite.com

Filed Under: business credit cards

Leave a Reply

You must be logged in to post a comment.

Get Adobe Flash player