Quickly find providers of business credit, business credit cards with no personal guarantee, and other financial services to help your company establish business credit. Review business credit providers and learn about building corporate credit.
Purchasing Resources for Business Credit
CreditCards.com continuously monitors the market to deliver the best business card offers from top banks. 0% Intro APR. No Annual Fee. Compare Card Offers & Apply Online.
Capital One® Spark Business Credit Cards- Designed For Business Owners
0% Interest Cards, No Annual Fees. Compare Card Offers & Apply Online.
Guaranteed Pay-Dex Score of 80; Build Your Business Credit Fast!
Earn Up to 25,000 Bonus Points. Get Up to 5x Points. No Annual Fee.
$5k - $500k+ alternative for retail or restaurant business. No startups
Business credit for your company. Establish corporate credit.
Up to $250k in business credit. Build Business Credit - corporate gasoline cards, business credit cards.
Experian Business Credit Advantage
Monitoring services for business owners to access their small business credit report and receive email alerts on score and profle changes.
National Institute of Business Credit Cards
Virtual resource that helps entrepreneurs establish, build, and maintain credit through business credit cards, loans and lines of credit.
US Business financing directory offering reviews and comparisons of business credit products from over 700 lenders.
Accufax Division of Southvest, Inc.
Nationwide business credit services, tenant screening, and personality profiles.
Business & Search Information Services
Privately owned database in Malaysia providing reporting services.
Provides resources for business credit management including information on companies and businesses in the UK.
Internet business credit portal, offering free business credit reports, online updates and free business credit applications.
Compare Business Credit Cards Price Quotes and Save!
Download Business Credit White Papers
Business Credit Basics
Learning business credit basics can help your company invest and growBy Jessica Drew, Freelance Business Writer & Editor Business credit cards can allow your company to invest in goods and services needed for its success, which in turn will grow your business and make you more money. Corporate credit is especially important if your business is just starting out and you don’t have a lot of cash or venture capital to buy the necessary assets. That being said, unfortunately, business credit basics tend to be like all things regarding credit--anything but basic.
The main concept to keep in the forefront of your mind when considering business credit providers is that there will almost always be a business lending service that will permit you the desired line of credit, however it will most likely be at terms highly unfavorable to you. Also, unfair terms are often masked by legal jargon. Here are some basics you'll definitely want in a card:
1. The lower the interest rate on your business credit line the better.
2. Look for cards that offer no annual fees, this charge is often just thrown in as an "extra," and one that you don't need.
3. Find a card with a decent grace period, so if you’re late on payments, you won’t be heavily penalized.
Know your credit score and business credit information
By knowing your credit score, you know where you stand and what kind of terms you can expect from a business credit provider. If you have excellent credit and your business has a long and successful established history, you can expect a much more favorable rate than if your credit and business history is non-existent, fair or bad.
Try: By law you are required to be able to obtain your credit report for free each year from one of three credit reporting agencies. These agencies include Equifax, TransUnion or Experian.
Make a good effort to build business credit
Now that you know where you stand as far as your credit is concerned, you'll want to build your business credit to get the best deals on credit cards possible. Building your credit is complicated and based on multiple factors, which is why there are companies who charge fees to do this for you. However, most credit gurus advise against this route, as with a little effort you can see the same results building credit on your own.
Try: All Business has an in-depth article that focuses on ways to increase and build your corporate credit. It also has an article that explains What Is Business Credit that will help further your understanding of the basics. Eliminate-Credit-Card-Debt-Now.com features a step-by-step guide that will lead your business to a better credit standing.
Find business credit cards with no personal guarantee
Business credit cards with no personal guarantee mean that if something were to ever happen to your sole proprietorship or LLC, that you would not be personally liable for the credit debts incurred by the company. These are the best types of credit cards to have, as your financial security and that of your family is protected, however they are the hardest to get approved for.
Try: Nevada Corporate Headquarters offers a directory of reliable business cards with no personal guarantee. CreditCards.com offers a comprehensive comparison of several different business credit cards, so you can learn the differences between cards and get a better understanding of business credit basics.
- When considering business credit providers, make sure you attempt to negotiate terms. Although, the market for credit is pretty inflexible right now, it never hurts to try to negotiate a lower rate and you could end up with a better deal.
Capital One® Spark Business Credit Cards- Designed For Business Owners
0% Interest Cards, No Annual Fees. Compare Card Offers & Apply Online.
Guaranteed Pay-Dex Score of 80; Build Your Business Credit Fast!
Earn Up to 25,000 Bonus Points. Get Up to 5x Points. No Annual Fee.
$5k - $500k+ alternative for retail or restaurant business. No startups
Canadian Credit Reporting Ltd.
Up-to-date credit information used by international credit reporting agencies and export trade insurance companies.
http://www.canadiancredit.com/
China Credit Information Service
Provides credit reporting, property appraisal and special feasibility studies, market research, professional publishing, and business infomonitor.
http://www.credit.com.tw/english.cfm
Full service company providing consumer and business credit reports.
http://www.commercialreporting.com/
Offers guidelines for managing Accounts Receivable, granting credit and initiating a collection program.
http://www.bizmove.com/finance/m3e1.htm
Internet credit reports provide the most current credit information available on shippers and forwarders.
http://www.creditexchange.com/
Secure site designed exclusively for establishing, maintaining and distributing company Credit Information Sheets and credit/trade references to new/established vendors or financial institutions.
http://www.creditreferences.net/
Credit Report Latin America & World
International credit reporting through a network of worldwide field agents.
Business-to-business credit and accounts receivable education, research, surveys, benchmarking and credit and financial management forums.
Financial information analysis and news service, created specifically for the corporate credit professional.
http://www.creditriskmonitor.com
Resource for business credit information, news, tools, books, credit associations and discussion groups.
International analysts and industry experts in London, New York and Chicago provide ratings for foreign currency and local currency issues.
http://www.bradynet.com/e31.html
Provider of business-to-business credit, marketing, purchasing receivables management and decision-support services worldwide.
Provider of business-to-business credit, marketing, purchasing receivables management and decision-support services worldwide.
Provides real-time credit, financing and related services for e-business through the eCredit.com Global Financing Network.
Provides every aspect of information management, including, but not limited to, acquisition, processing, aggregation, storage, product development, sales and service, and consumer information.
Offers a sample of an Experian detailed credit report called a "Business Profile".
http://www.experian.com/business/bcr.html
Export-Import Bank (Ex-Im Bank)
Export-Import Bank is the official export credit agency of the US Government. Its mission is to support US jobs through exports.
Export-Import Bank (Ex-Im Bank)
Export-Import Bank is the official export credit agency of the US Government. Its mission is to support US jobs through exports.
Specializes in providing credit solutions to manufacturers and wholesalers/distributors of housewares, food, pharmaceuticals, consumer electronics, apparel and other products.
FCIB-NACM International Credit Reports
Established in 1919, provider of products and services to many small, medium and large size exporters as well as major multinational corporations.
With dual headquarters in London and New York, provides credit ratings for a wide-range of financial instruments.
Source for local independent field agent credit reports.
Graydon Credit Management Services
Database information provider for credit risk management.
http://www.graydon.co.uk/UKPublicHTMLPages/index.htm
Online credit and business information provider, delivering in depth information on British businesses, directors and shareholders.
Provider of credit reports and commercial research to the international business world.
Interface Business Information
Provider of business credit ratings, analysis and risk management, specializing in Ireland.
Supplies commercial credit information about businesses worldwide, serving exporters, credit insurers and credit agencies on an international basis.
Provides credit reports, collection services, country risk reports and custom information services.
Company reports, commercial research, consultancy and investigations services for the marine and energy markets.
International credit reporting agency in the foreign credit reporting market. Reports are approved by the Export/Import Bank and all other major credit insurance organizations and financial institutions.
Revolving Credit Strategies You Can Bank On
Article in businessfinancemag.com that describes the hierarchy of borrowing, with specific attention paid to revolving credit.
http://www.businessfinancemag.com/archives/appfiles/Article.cfm
Shopping With the Pros in the Commercial Paper Market
Article in businessfinancemag.com that describes how businesses without top credit can access the commercial paper market.
http://www.businessfinancemag.com/archives/appfiles/Article.cfm
Standard & Poor\'s Ratings Services
Publishes risk evaluation information, providing ratings and analysis on the credit worthiness of issuers around the world. Standard & Poor's serves more than 70 countries through its global office network and is a division of the McGraw-Hill Companies.
Provider of banking, lending and financing services. Parent/holding company with a high-tech operating unit involved in the manufacture of credit card authorization equipment and systems. Products and services are sold to multiple industries.
Financial reports with credit opinions on United Kingdom companies.
Produces business to business credit reports and country risk reports.
Produces business-to-business credit reports, country risk reports and international Y2000 reports.
Tips & Advice to help you make your decision on Business Credit
Whether you plan to start a new business or explore new areas of a market with a company that you currently own, you might find that you need credit to pay for real estate, products, and important services. Business credit functions much like the types of credit that individuals use. The largest difference is that business credit is used for issues such as payroll, technology research, and investments.
Getting credit for your business could rely on a process similar to getting credit for personal use. The credit rating of your company could have a significant impact on whether lenders want to extend credit to you and how much interest they charge. Those with strong credit ratings ... more
Whether you plan to start a new business or explore new areas of a market with a company that you currently own, you might find that you need credit to pay for real estate, products, and important services. Business credit functions much like the types of credit that individuals use. The largest difference is that business credit is used for issues such as payroll, technology research, and investments.
Getting credit for your business could rely on a process similar to getting credit for personal use. The credit rating of your company could have a significant impact on whether lenders want to extend credit to you and how much interest they charge. Those with strong credit ratings often find that they can secure loans and credit cards for their businesses that have relatively low interest rates.
There are a wide variety of lenders that could extend credit to your business, including credit card companies, investment groups, and banks. Business.com provides the links at left to help you explore your options. Visit these websites to learn more about the types of business credit cards and loans that you business might use. This will help you make a more informed decision that could benefit your business's success.Privacy | Terms Of Use
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