{"id":2680,"date":"2020-03-22T16:42:11","date_gmt":"2020-03-22T16:42:11","guid":{"rendered":"http:\/\/localhost\/2020\/swoopMW20\/?post_type=knowledge-hub&#038;p=2680"},"modified":"2024-08-22T19:52:21","modified_gmt":"2024-08-22T19:52:21","slug":"business-credit-card","status":"publish","type":"knowledge-hub","link":"https:\/\/swoopfunding.com\/ie\/knowledge-hub\/business-credit-card\/","title":{"rendered":"Business credit card"},"content":{"rendered":"<div class=\"aivoov-player-block\">\n\t<div class=\"read_this\">Read this article to me<\/div>\n\t\t\t<style>\n\t\t\t.plyr__controls .plyr__controls__item:first-child{\n\t\t\t\tbackground:#2e9c8e !important;\n\t\t\t}\n\t\t\t:root{\n\t\t\t--plyr-color-main:#2e9c8e;\n\t\t\t--plyr-audio-controls-background:#f0f2f4;\n\t\t\t--plyr-audio-control-color:#546a7b;\n\t\t\t}\n\t\t\t[data-plyr=\"mute\"]{color:#2e9c8e !important}\n\t\t\t.aivoov-text-color{color:#546a7b}\n\t\t<\/style> \n\t\t<div class=\"audio_player\">\n\t\t<audio class=\"js-player\" controls=\"\">\n\t\t\t<source src=\"https:\/\/monky-voice-over.s3.amazonaws.com\/aivoov\/781640cc-7bc1-4bbf-9492-22dedc19678b\/0364a5ed-b41e-4077-b601-2615c4430870.mp3\" type=\"audio\/mp3\">\n\t\t\t<source src=\"https:\/\/monky-voice-over.s3.amazonaws.com\/aivoov\/781640cc-7bc1-4bbf-9492-22dedc19678b\/0364a5ed-b41e-4077-b601-2615c4430870.mp3\" type=\"audio\/ogg\" \/>\n\t\t<\/audio> \n\t\t\t\t <div class=\"powerd_by aivoov-text-color\"><p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"http:\/\/aivoov.com\/?um_source=plugin_powered_by\" style=\"color: inherit;\">Powered by AiVOOV<\/a><\/p><\/div>\n\t\t \n\t\t<\/div>\n\t\t<\/div>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><em>Business credit cards, also known as corporate credit cards, work in the same way as a personal credit cards. They come with a set credit limit and you can roll over your balance from month to month, though your spending will accrue interest, based on the APR for which you qualified.<\/em><\/p>\n\n\n\n<p>Perhaps you&#8217;re a small business owner who&#8217;s found it difficult to get a traditional <a href=\"https:\/\/swoopfunding.com\/ie\/knowledge-hub\/business-loans\/\">business loan<\/a>. You can of course hit up your network of deep-pocketed friends\u2026 but if they aren&#8217;t forthcoming, a business credit card can be a good option. Like a <a href=\"https:\/\/swoopfunding.com\/ie\/knowledge-hub\/revolving-credit-line-facility\/\">revolving credit line<\/a>, a business credit card can be your emergency lending, up to a limit. This limit will depend on the your credit rating, trading history, revenue and profit.<\/p>\n\n\n\n<p>A business credit card is a useful way to manage cash flow when you don&#8217;t have enough working capital. It&#8217;s also useful for keeping track of the expenses your staff might incur (several cards can be used on the same account though the credit limit will remain the same).<\/p>\n\n\n\n<p>Once you\u2019ve set up your credit card, you can improve your business&nbsp;credit rating&nbsp;by observing the credit limit and paying back the balance each month and on time.<\/p>\n\n\n\n<p>Otherwise you can roll over your balance from month to month, paying only the minimum amount required (if there is a minimum), and accruing interest based on the effective APR for which you qualified.<\/p>\n\n\n\n<p>Because business credit cards are a type of <a href=\"https:\/\/swoopfunding.com\/ie\/knowledge-hub\/unsecured-loan\/\">unsecured<\/a> lending, you will find the criteria are quite stringent and the limits are strict.<\/p>\n\n\n\n<p>You might also want to consider other types of <a href=\"https:\/\/swoopfunding.com\/ie\/knowledge-hub\/working-capital-finance\/\">working capital finance<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Business credit cards, also known as corporate credit cards, work in the same way as a personal credit cards. They come with a set credit limit and you can roll over your balance from month to month, though your spending will accrue interest, based on the APR for which you qualified. Perhaps you&#8217;re a small [&hellip;]<\/p>\n","protected":false},"author":39,"menu_order":52,"template":"","segment":[1654],"class_list":["post-2680","knowledge-hub","type-knowledge-hub","status-publish","hentry","segment-working-capital-finance"],"acf":[],"featured_image_urls_v2":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":"","image_blog":"","image_blog_full":"","image_podcast":"","image_banking":"","image_blog_internal":"","image_blog_medium":"","image_single_banking":""},"post_excerpt_stackable_v2":"<p>Read this article to me Powered by AiVOOV Business credit cards, also known as corporate credit cards, work in the same way as a personal credit cards. They come with a set credit limit and you can roll over your balance from month to month, though your spending will accrue interest, based on the APR for which you qualified. Perhaps you&#8217;re a small business owner who&#8217;s found it difficult to get a traditional business loan. You can of course hit up your network of deep-pocketed friends\u2026 but if they aren&#8217;t forthcoming, a business credit card can be a good option.&hellip;<\/p>\n","category_list_v2":"","author_info_v2":{"name":"Alexandre Colucci","url":"https:\/\/swoopfunding.com\/ie\/author\/alexcolucci\/"},"comments_num_v2":"0 comments","_links":{"self":[{"href":"https:\/\/swoopfunding.com\/ie\/wp-json\/wp\/v2\/knowledge-hub\/2680","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/swoopfunding.com\/ie\/wp-json\/wp\/v2\/knowledge-hub"}],"about":[{"href":"https:\/\/swoopfunding.com\/ie\/wp-json\/wp\/v2\/types\/knowledge-hub"}],"author":[{"embeddable":true,"href":"https:\/\/swoopfunding.com\/ie\/wp-json\/wp\/v2\/users\/39"}],"version-history":[{"count":1,"href":"https:\/\/swoopfunding.com\/ie\/wp-json\/wp\/v2\/knowledge-hub\/2680\/revisions"}],"predecessor-version":[{"id":34755,"href":"https:\/\/swoopfunding.com\/ie\/wp-json\/wp\/v2\/knowledge-hub\/2680\/revisions\/34755"}],"wp:attachment":[{"href":"https:\/\/swoopfunding.com\/ie\/wp-json\/wp\/v2\/media?parent=2680"}],"wp:term":[{"taxonomy":"segment","embeddable":true,"href":"https:\/\/swoopfunding.com\/ie\/wp-json\/wp\/v2\/segment?post=2680"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}