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Lobby Startup Stew topic #45

Subject: "Minimum Criteria for Business credit cards" Previous topic | Next topic
BottcherMon Sep-04-06 10:02 AM
 
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"Minimum Criteria for Business credit cards"


          

What minimum requirements must typically be met to obtain a low limit small business credit card? Is application process detramental to credit score if denied?

  

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Replies to this topic
Subject Author Message Date ID
RE: Minimum Criteria for Business credit cards
Sep 05th 2006
1
RE: Minimum Criteria for Business credit cards
Sep 09th 2006
2

wwcap1Tue Sep-05-06 10:02 AM
 
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#1. "RE: Minimum Criteria for Business credit cards"
In response to Reply # 0


          

There are no minimums really. However, I would advise you to check your credit score. If it's low, i.e. 650 or so, you'll have a hard time getting a credit card. You could however arrange a pre-paid credit card (not a debit card), where you keep an amount in your account at all times to draw against. After a period of time, the company will covert you to a credit only customer and forgo the on-hand payment.

Kent Capener
Capener Consulting, LLC

  

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bizdevSat Sep-09-06 02:33 AM
 
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#2. "RE: Minimum Criteria for Business credit cards"
In response to Reply # 1


          

Getting a business credit card is not much different from qualifiying for a personal credit card. If you have a decent credit history you can get a business credit card. Try Citi Business Card.

Sylvia
http://businessplanmentor.com
Business plan and start up resources

  

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