Business Credit Cards: Explore Other Options First
Unbeknownst to many, a credit card is actually classified as a small business loan. These cards, which are almost always issued by banks, allow a customer to make purchases without having to use cash out of pocket. The bank then allows the customer to make monthly payments on the balance and for this service the bank charges interest. In essence, a credit card acts and has almost all the same properties of a small business loan.......