Comments on: does anyone know of a bank or company that will issue a "secured" business credit card?? http://www.balancetransfer.com.my/does-anyone-know-of-a-bank-or-company-that-will-issue-a-secured-business-credit-card-2 Find The Best Deal On 0 APR Balance Transfer, Zero Percent Balance Transfer, Small Business Credit Cards Wed, 08 Sep 2010 15:37:35 -0500 http://wordpress.org/?v=2.8.6 hourly 1 By: KnowItAll http://www.balancetransfer.com.my/does-anyone-know-of-a-bank-or-company-that-will-issue-a-secured-business-credit-card-2/comment-page-1#comment-2700 KnowItAll Sat, 06 Mar 2010 12:13:35 +0000 http://www.balancetransfer.com.my/does-anyone-know-of-a-bank-or-company-that-will-issue-a-secured-business-credit-card-2#comment-2700 Try the bank where you have business checking account with. You could also just get a personal secured card and use it for business purpose if you can't find one for a business. Look in "Secured Credit Cards" section at the following site: Try the bank where you have business checking account with. You could also just get a personal secured card and use it for business purpose if you can’t find one for a business. Look in "Secured Credit Cards" section at the following site:

]]> By: Reality Check http://www.balancetransfer.com.my/does-anyone-know-of-a-bank-or-company-that-will-issue-a-secured-business-credit-card-2/comment-page-1#comment-2701 Reality Check Sat, 06 Mar 2010 12:13:35 +0000 http://www.balancetransfer.com.my/does-anyone-know-of-a-bank-or-company-that-will-issue-a-secured-business-credit-card-2#comment-2701 Bank Of America Bank Of America

]]> By: clearroses22 http://www.balancetransfer.com.my/does-anyone-know-of-a-bank-or-company-that-will-issue-a-secured-business-credit-card-2/comment-page-1#comment-2702 clearroses22 Sat, 06 Mar 2010 12:13:35 +0000 http://www.balancetransfer.com.my/does-anyone-know-of-a-bank-or-company-that-will-issue-a-secured-business-credit-card-2#comment-2702 I work in a call center and just talked to someone today that has one, and boy are they really secure, we couldn't get his order to go through for the life of us because everything has to be Perfectly entered. His was a Master Card. I work in a call center and just talked to someone today that has one, and boy are they really secure, we couldn’t get his order to go through for the life of us because everything has to be Perfectly entered. His was a Master Card.

]]> By: Initial Underwriting Group http://www.balancetransfer.com.my/does-anyone-know-of-a-bank-or-company-that-will-issue-a-secured-business-credit-card-2/comment-page-1#comment-2703 Initial Underwriting Group Sat, 06 Mar 2010 12:13:35 +0000 http://www.balancetransfer.com.my/does-anyone-know-of-a-bank-or-company-that-will-issue-a-secured-business-credit-card-2#comment-2703 A true business credit card is a line of credit that is taken in the name of the business, under the business' credit. Activity, whether good or bad, is reflected on your business' credit report through D&B and other financial institutions, and the liability for any debts incurred and bills owed is with the business.However, some companies out there offer "business" credit cards which they require a person guarantee for. These institutions will often ask for a personal guarantee, and will almost always ask for a social security number from the person applying for the card. If this is the case, the credit card is not a business credit card, but is simply a personal credit card which is used for the business. The business is not liable for bills and debts - you are.When applying for a credit card for your business, watch out for areas asking for your SSN (and not your TaxID or EIN) and be wary of any credit card that asks for a personal guarantee. By ensuring that your credit card is in the name of your business, you can help to build your business' credit, while avoiding creating problems with your own. Many companies offer a list of credit cards that are issued under the business name only. Those lists typically run $300-$900, depending on the quality of the information inquiring. I would suggest starting your search online via google or yahoo. Search for "strong business credit" (just like that in quotes) to find services that sell the information. Good luck, Ilya Bodner Small Business Owner Initial Underwriting Group A true business credit card is a line of credit that is taken in the name of the business, under the business’ credit. Activity, whether good or bad, is reflected on your business’ credit report through D&B and other financial institutions, and the liability for any debts incurred and bills owed is with the business.However, some companies out there offer "business" credit cards which they require a person guarantee for. These institutions will often ask for a personal guarantee, and will almost always ask for a social security number from the person applying for the card. If this is the case, the credit card is not a business credit card, but is simply a personal credit card which is used for the business. The business is not liable for bills and debts – you are.When applying for a credit card for your business, watch out for areas asking for your SSN (and not your TaxID or EIN) and be wary of any credit card that asks for a personal guarantee. By ensuring that your credit card is in the name of your business, you can help to build your business’ credit, while avoiding creating problems with your own.

Many companies offer a list of credit cards that are issued under the business name only. Those lists typically run $300-$900, depending on the quality of the information inquiring. I would suggest starting your search online via google or yahoo. Search for "strong business credit" (just like that in quotes) to find services that sell the information.

Good luck,

Ilya Bodner
Small Business Owner
Initial Underwriting Group

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