Company credit cards are one of the greatest financial tools for new-age founders and entrepreneurs. With India leading the ‘golden startup era’ with several savvy businesses, financial products like credit cards have seen significant growth. Startup founders often struggle to manage expenses, which is an essential aspect of any business. Most of them end up…

Streamlining Financial Reporting: Simplifying Tax Preparation with Business Credit Cards
Financial reporting can be a nightmare for businesses, especially during the tax season. It eats away a majority of time and resources for small and medium-sized businesses, which they could instead spend on working on their growth. As much as it is important for companies to better analyze their spending, overheads, and revenue, they can…

5 Signs A Business Needs A Corporate Credit Card Program
Getting a corporate credit card is a major milestone for any business. It defines a company’s financial stability and structured operations. A bank issues a corporate card only after evaluating a company’s financials, liquidity, and cash flow. While you can still have a small business card to facilitate operational expenses, corporate credit cards offer a…

How Corporate Credit Cards Can Help Minimize Fraud
A Bank of America employee used a corporate credit card for personal expenses worth $20,000 and then refused to compensate. Although it happened in 2019, it only came out recently in March 2023. Financial fraud and overspending are becoming a prevalent problem among organizations of all sizes. In small companies, employees tend to abuse the…

5 Mistakes To Avoid While Using Your Corporate Credit Card
Starting a new business venture is an exciting and challenging journey. As a startup founder, you have to juggle multiple responsibilities, including managing finances. One valuable tool at your disposal is a corporate credit card, which can provide you with the flexibility and convenience you need. However, it’s important to use it wisely and avoid…

Tax Saving Strategies Unveiled: How SME Credit Cards Can Benefit SMEs
Introduction For small and medium-sized enterprises (SMEs), every dollar saved can make a significant impact on their bottom line. That’s why implementing tax-saving strategies is crucial for their financial success. One effective tool that SMEs can leverage is the SME credit card, specifically the FoundersCard. In this blog post, we will explore the benefits of…

Company Credit Card Interest-Free Period: Strategies for Making the Most of It.
As a business owner, you know that managing your finances is a crucial part of your success. One way to manage your cash flow effectively is by using a company credit card with an interest-free period. An interest-free period can give you time to pay off your balance without incurring any interest charges. In this…

Build a Solid Business Credit Score with a Business Credit Card
Having a business credit score is essential for all businesses. Lenders can use this score to determine a business’s creditworthiness. It is a reflection of a business’s ability to pay its debts on time and manage its finances responsibly. A low business credit score can impact a business’ financial stability. One of the most effective…

The Benefits and Differences between Business Credit Cards and Business Expense Cards.
Managing expenses is an integral part of running a business, and having the right tools to track and control spending can make a significant difference in the bottom line. Two popular options for businesses are business credit cards and business expense cards, both of which offer a variety of benefits and differences. Business credit cards…