12 Great Ways Business Credit Can Reduce Your Worries

Managing your own organization can be a very stressful proposition. Contrary to what most people assume, running your own business is not just about meeting sales targets and clocking double-digit growth. There are a million other things that need to be taken care of. If you have your own business, you're responsible for everything – from something as major as your employees' happiness to something as (seemingly) minor as ensuring that the printer in your office is functioning properly.

At any given point of time there could be hundreds of issues running through a business owner's mind. For every one item that you successfully check off that mental to-do list of yours, there may be two that are ready to take its place. In such circumstances, it's quite understandable if you feel stressed all the time.

Luckily, there are tools available which can help reduce some of that tension. And one of those tools is... a business credit card! Here are 12 ways business credit cards can make your day-to-day business operations easier to handle.

1. Easier Qualification: If you don't have a well-established credit history but need some funds, it would be easier for you to qualify for a business credit card, rather than a bank loan or traditional line of credit.
2. Ease of Use: Business credit cards are more convenient than cash or check, as they can be easily used to withdraw cash or access funds for purchases. You can even use them online or over the phone.
3. Financial Cushion: If your accounts receivables are behind or sales are slow, you can use a business credit card to temporarily inject some cash into your business.
4. Bookkeeping Assistance: Most business credit cards offer their cardholders a monthly statement, online tools to manage their account, and a year-end account summary. These can be used to track, categorize and manage expenses. They also make it easier to navigate an audit and pay taxes.
5. Protection: Business credit cards offer extra layers of protection, such as theft protection, travel accident coverage, identity theft coverage, and more.
6. Rewards: As a cardholder you can qualify for rewards such as discounts, airline travel miles, and cash-back on purchases.
7. Tool to Build Credit: A business credit card can help you build a positive credit report for your business - if you pay your bill on time, pay more than the minimum due and don't exceed your credit limit. Good credit can go a long way in helping you qualify for a loan or line of credit at lower interest rates in the future.
8. Record of Business Growth: Your business credit can demonstrate how your organization has grown and developed – thereby improving your credibility among lenders and potential investors.
9. Build Employee Trust: You can build a good relationship with employees by allowing them to use your business credit card. Some business credit card issuers even offer "employee misuse insurance," which provides protection against exploitation of company finances.
10. Control Employee Spending: Business credit cards allow you track how much employees spend on purchases. Additionally, some credit cards allow you to set limits for employee use.
11. Higher Spending Limits: An organization's day-to-day costs are much higher than a business-owner's personal ones. Business credit cards usually provide access to higher amounts of money compared to personal credit cards.
12. Business Credit Doesn't Affect Personal Credit: By using a business credit card, you can ensure that your business transactions don't impact your personal credit rating.

If you have good credit, you can get up to $25,000, and sometimes more, on your own. But if you want access to $50,000 to $250,000 or more, and fast, our team at Fund&Grow can help you get access to unsecured business credit at 0% interest! While it may sound incredible, it's nevertheless true. We've helped businesses in all 50 states access 0% business credit financing, and we'd like to do the same for you. Call us at (800) 996-0270 to learn more about this today!