123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

Business And Corporate Credit Cards. Any Difference?

Profile Picture
By Author: Tracy R. Craver
Total Articles: 2
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

Using credit cards for all your spendings is the most popular and highly recommended way to manage one's finance. Business expenditures need to be organized, too. That is why finance experts advise getting business credit plastics to owners of all kinds of businesses. The demand for these products has been growing accordingly. Another stimulating factor for this is the boom in small businesses and home based businesses.
In the market one can see business cards and corporate cards. Being named differently, they really serve different purposes. Let us take a closer look to see what is what.
- Business plastics are usually promoted as bank products for entrepreneurs - market participants in the sector of small or medium-sized business. You can see tens of slogans daily calling to make a business credit card application and put your small company's finance in order.
Usually a business credit plastic provides online 24/7 access to your account, low APR and fees as introductory incentives and a range of benefits such as travel ...
... rewards, discounts on office supplies or equipment or catering services and many more.
Those who own large corporations will hardly be suggested to order a business plastic. Corporate bank offers are special products for big business. If your company is large to be called a corporation, could have been or soon will be offered a card deal. Such credit offers are not available for individuals or ordinary entrepreneurs, due to the fact that they are designed as a unique solution for a certain company. You, being in charge of the firm's financial affairs and needs, will determine what features the card should have and what services are necessary to include there. The larger the company is, the more complicated is its financial management, that is why credit card companies work out specific solutions for each corporate cardholder.
A plastic for corporate needs is maintained to:
- help you track the total spendings and expenses by each employee,
- let your employees make purchases using your corporate credit account within a fixed limit,
- Make the purchases you are used to, receiving specific rewards for your business,
Separate your personal credit accounts from those of your enterprise, thus building business credit history to add to the reputation of your company. Corporate plastics are issued with the company's name on and the credit responsibility is also within the company's financial manager's grasp. In many cases, such credit solution includes specific software to provide convenient processing and account access.
Unlike this kind of a deal, a business credit card holder is an individual running the small business. It is he who applies for the card and is responsible for paying off the balance.
The fastest and the most convenient way to choose a credit card for your small company or corporation is browsing through specific web-sites. You can apply for best credit cards for business safely after close comparison of different issuers' products.

About the Author

After Tracy R. Craver had worked a number of years at credit and finance help centre, she started to write credit educational articles for specialized web-sites. A lot of her works are published at ApplyForBestCredit.com .

Total Views: 76Word Count: 532See All articles From Author

Add Comment

Business Articles

1. Lucintel Forecasts The Global Wall-mounted Ac Ev Charger Market To Grow With A Cagr Of 22.4% From 2025 To 2031
Author: Lucintel LLC

2. Technology Landscape, Trends And Opportunities In Global 3d Printing Photopolymer Market
Author: Lucintel LLC

3. Lucintel Forecasts The Global Smart Home Market To Reach $372 Billion By 2030
Author: Lucintel LLC

4. Second Marriage Matrimonial – Verified Matches & Free Registration
Author: Truelymarry

5. Core: Leading The Way In Managed It Services For Businesses Across London
Author: IT Management

6. The Role And Function Of A Collection Agency
Author: Bennett Carter

7. Understanding Debt Collection Agencies: What They Do And How They Affect Consumers
Author: Bennett Carter

8. How To Use An Smm Panel Effectively For Fast Social Media Growth
Author: Smm Panel

9. Essential Tips For Beginners And The Power Of Professional Editing
Author: Sam

10. How To Improve Field Staff Efficiency With Geolocation Tools
Author: TrackHr App

11. Building An Effective Energy Management System
Author: Jane

12. Internal Auditor Training: The Key To Effective Risk Management And Compliance
Author: Sqccertification

13. Why Accurate Accounting In Property Management Is The Key To Higher Roi
Author: Harsh Vardhan

14. Kaal Sarp Puja In Trimbakeshwar – Benefits, Process & Trusted Pandit Contact
Author: Pandit Milind Guruji

15. Data Entry Vs. Data Processing: What’s The Difference And Why It Matters
Author: Allianze BPO

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: