Business Credit Card

In the past, many small businesses have struggled to open the line of credit that they need to finance their new venture. However, the business credit card has now been introduced and this has aided small business owners to make purchases of essential items and aid in the start up and maintenance of their company. The business credit card phenomenon is a fast growing trend, and already substantially more than half of small businesses have a credit card tailored specifically towards them. This is because there are several key advantages and only one, very minor, disadvantage.

The Annual Fee

The disadvantage, if you can call it that, of business credit cards is that there is an annual fee. However, when you start to compare business credit cards you will soon notice that this annual fee is only very small. You should, of course, still pay attention to all fees that may be associated with a particular credit card you are looking at but don