Whether you have just started as an entrepreneur or have been running your business for many years, opting for a business credit card like founderscard can be of tremendous help. According to statistics from Fundera, around 67% of business owners use a business credit card. Using a business credit card effectively can be the difference…
Credit Cards vs Short-Term Loans: Which Is Better for SMEs
Short term loans and credit cards (also called credit line) are two of the most preferred forms of funding by business owners. When you need to launch your business or cover costs, both can come to your rescue. Both the options are available at affordable rates in India. As both are an immense help in…
5 Important Facts About Business Credit Cards
Opting for a business credit card is one of the simplest and most accessible ways to financially assist your company, regardless of its age, size, or sector. But exactly, how do business credit cards work? Business credit cards provide you with access to a line of credit at the point of sale, as well as benefits, incentives,…
How is a VISA Infinite Business Credit Card different from other credit cards?
Choosing a new business credit card can be a challenge because there are hundreds of cards to choose from and different rewards, features, and fees to consider. You may narrow your search by comparing the benefits offered by various credit card networks. One of the prominent credit card networks is Visa which offers a suite of business credit cards…
5 Expenses You Should Never Charge on a Business Credit Card
Credit card debt is a slippery slope, and managing it well becomes even more important when it comes to a business credit card. If you run a business, you must already be familiar with the perks of business credit cards. Business-oriented reward points, followed by slightly lower rates than average personal credit cards, make business…
How to improve your business credit score?
As per research, 45% of SMEs don’t know they have a business credit score. However, if business credit score was a familiar term amongst SME owners, you’d know that it is more than a number. It plays an important role in your business’ overall success. Beyond getting easy loans, good business credit score helps in your…
How can business credit cards help SMEs manage business expenses?
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…
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…
First-Time Entrepreneurial Mistakes to Avoid
Entrepreneurship is one of the most coveted titles in the country. Starting a business, finding the perfect team, establishing a scaling strategy, and so on are all extremely appealing. However, establishing something sustainable is the x-factor for all entrepreneurs in today’s market. Founders need to be committed to their vision and mission to develop a…
