Let’s face it, unless you’ve been hiding under a rock, we all know that the economy is rough, and what you’re going to find out when you’re ready to start a business is that NO banks are offering business credit cards? For starters, banks are still being strict with their credit. They have the capital, but they just don’t want to risk their money in this economy, but let me give you a little secret on how you can find the cards.
Start with the banks: Look for a list of banks online, or just think of some off the top of your head. What you’ll want to do is head to each, and every one’s website, and look for credit cards. They will generally have it right on their front page, or somewhere along those lines, if it’s a well laid out site.
Consider other options: You don’t need a credit card in order to jump start a business. You can consider lending services online such as LendingClub, or you can always call up a relative. Remember, it’s always best to write up a contract, in order to let them know that you’re serious about this, and you will pay them back.
As long as you have a great game plan, you’re responsible, and your credit isn’t shot, you’ll have a great chance at getting approved. Again, if you’re having a hard time finding the card that fits your business, try the tips above, and see how it can work out for you, and your business.