How Credit Cards Can Help the Small Business Entrepreneur

Are you worried about the urgent cash payment you need to make to your dealer for the bulk of raw material you ordered? Does it happen with frequent regularity? Business credit cards may be good option to manage you business expenses.
Credit cards are issued to the owner to pay his/her monetary liabilities. These cards contain a monetary value which is reduced each time the card is used to pay off a liability. There are many business credit cards available catering to a business owner's particular need.
There are special term business credit cards available in the markets which have proved to be beneficial for many small business enterprises. Here are a few options available for you if you own a small business firm.
• Platinum Business FreedomPass Credit Card from OPEN- these cards do not charge any annual fee from the owner and also offer 5000 points on their first purchase. Other than this they also offer a lot of discounts along with the usual service. It is a very good option for a small business team as it covers various liabilities like car rentals, flight charges and travel expenses.
• The Advanta Platinum Business Custom Card- this business credit card offers the user an introductory 0% annual APR for 15 months. The APR is 7.99% fixed thereafter. There is also a generous 5% cash back for purchases or an option to receive travel awards.
• Business Line Card from OPEN- this credit card is more like a business loan. Small business entrepreneurs can make use of this scheme for their business expansion. Their value can vary according to customer choice and preference. There is no need for any application fees. You can make use of the amount with electronic cards issued by the bank. Like an ordinary loan scheme, it follows the same procedure; the only difference lies in the transaction process which mainly makes use of electronic cards/credit cards.
• Discover Business Cards- these cards offer cash bonus to the user. The user can enjoy a 5% cash bonus for office supply purchase, 2% on gasoline purchases, an 1% on al other purchases. This card also has the added benefit of fee-free PurchaseChecks to pay merchants who do not accept credit cards.
The list does not end here as there are plenty of credit card schemes available for small business owners.
For the home- based business entrepreneur, business credit cards are very useful as they come in handy when any monetary transaction need to be made immediately for inventory or preparations for critical selling season in your business cycle. Home-based firms make use of e-commerce processing on a routine basis. While finalizing a deal credit cards are used to pay off bills to secure the deal promptly so opportunities for profit are not lost. So whether you run a home-based business firm or a conventional "brick an mortar" a business credit card can be an immense help.