Can you recommend a secured credit card for small business
Answered on Wednesday, December 8th, 2010 by
Amy Miller

The credit card market is overwhelmed with secured credit cards for consumers whereas the situation with small business secured credit cards is quite different and if you decide to get a reasonable small business credit card shop around. Some of these business secured offers come with ludicrous interest rates and application, processing and annual fees and some don’t. Take your time and choose the right small business secured card with low fees for the considerable amount of credit, make business purchases, pay ahead of time, increase your credit limits at least once every six months and build up credit for your business. Also ensure that the small business secured credit card of your choice report to business credit bureaus not your personal files.

Other Popular Secured Credit Card FAQs

If you are talking about secured credit cards that require an upfront security deposit used when you default on your payments, these credit cards usually do not come with a credit limit twice the amount of your security deposit. Your credit limit may be from 50% to 100% of your deposit. You can browse through [...]

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You can apply for a secured credit card online right at BestCreditOffers.com. Visit our Secured Credit Cards page, compare the secured credit cards presented and choose the right card for you to apply online for. Press the apply button next to the secured credit card of your choice, fill out the online card application you [...]

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Our Financial Expert Team
Amy
Miller

While she enjoys writing about money, Amy admits she is not your typical personal finance writer-she is a shopaholic, an impulse/emotional buyer, and unable to save for longer than a few months at a time. But she is trying to improve her finances and shares her experience and tips on learning how to budget money, manage debt, and set goals in her writing for BestCreditOffers.com. She hails from the foggy city of London, but now resides in Salt Lake City.

James
Williams

James Williams is a personal finance expert, trained in journalistic writing. As a freelance writer and professional blogger who works from home, he contributes to many personal finance websites including BestCreditOffers.com.

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