A business credit card, by definition, is a credit card granted to an organization to cover business-related expenses rather than utilizing personal credit cards or their own assets. Typically, SMEs and startups are the least well-served segments of the enterprise ecosystem in terms of receiving business/corporate credit cards. The glimmer of hope here is that…
Month: October 2021
What is the Difference Between a Business Line of Credit and a Business Credit Card?
At some point, almost every firm will require short-term financing to meet expenses. Using short-term credit is one strategy to ensure a business works smoothly, whether it takes a year or a month to convert your product or service to cash. Business lines of credit and business credit cards are two of the most popular short-term financing solutions. Let’s take a…
