"When we surveyed our network of business owners, access to capital was the number one challenge they faced," said Matt Brewster, vice president of finance with Hello Alice, a financial technology company focused on the financial health of small business owners.
Secured business credit cards are tools you can use to establish or rebuild your company's credit, but they can have high fees and annual percentage rates (APRs).
By opening a secured card, you can practice good credit habits and improve your business's creditworthiness. Over time, it may allow you to qualify for other types of credit, including unsecured cards or business loans.
Building a credit profile separate from your personal credit is critical for your company's success, but it's challenging without a strong credit history.
Collection
[
|
...
]