Customer small business financing solutions delivered through a single, online application.
Free access to multiple funding solutions
See funding solutions from 75+ nationwide lenders with a single application.
Innovative dashboard, business insights and custom invoicing - all through your Lendio account.
Explore Lendio's software solutions
Free, Simple small business accounting software
Simple tools to send invoices, track expenses and manage your business finances.
Apply for financing, use free bookkeeping tools, send invoices, and more with a single Lendio account.
Getting a credit card for your business is easy. All you have to do is apply. But before you go guns blazing into a credit card application, you should know a few things about applying for business credit cards. These tips will help you find the best card for your business needs.
No, you actually don’t. In fact, we often recommend that entrepreneurs apply for business credit cards when they’re having trouble securing other types of financing due to bad credit. Many business credit cards are easy to qualify for and allow the cardholder to build credit for their business.
There are a few things you can do to improve your odds of credit card approval.
1. Pay down outstanding balances on all of your cards before applying. The credit card company knows how much you owe, so paying down or paying off your balances will show them your creditworthiness. This tactic also tends to increase your credit score.
2. Increase the limit of your current credit cards (if you have any). This move shows that you can handle a credit card with a higher limit
3. Diversify your credit card collection. Open a retail store card once in a while. Not only will you get rewards at your favorite places to shop, but you’ll also show credit companies that you can keep balances low on multiple cards.
By following these tips, you’ll show business credit card providers that you can handle a fancy credit card with a high limit. They won’t be able to resist your business.
Which card you apply for depends on the kinds of expenditures you make and the types of rewards you want to earn. There is a multitude of cards that suit different business needs:
Some cards offer more flexibility than others when it comes to payment terms and spending limits. Others have little (or no) annual fees. Maybe you want a card with desirable sign up bonuses. These cards offer great immediate rewards, but you often have to meet requirements before you qualify for the bonus. Also, foreign travel cards allow you to earn rewards, enjoy travel extras, and avoid foreign transaction fees.
The card you apply for should have the perks and rewards that benefit your business the most. You may need to research several different cards to find it. But we know your time is valuable, and there’s a way you can get a great credit card for your business without endless comparison shopping.
When you apply for a credit card at a lending marketplace, like Lendio, it’s like applying for all of the best business credit cards at the same time. Oh, and the application only takes 15 minutes. Once the offers start to roll in, one of our lending experts can help you through the process of choosing the right one for your business.
Pretty easy, eh?
Apply for a business credit card today.
Our goal is to help small business owners have all the
tools and knowledge possible about loans. We've connected
to hundreds of banks to keep you up to date with the best
loan offers and options for your business!
Mon–Fri | 7:30am–5pm MST
Terms & Agreements
Find a Local Representative
How It Works
Small Business Loans
Building Business Credit
Copyright © 2022 Lendio. All Rights Reserved. | 4100 Chapel Ridge Road, Suite 500, Lehi, UT 84043
California loans made pursuant to the California Financing Law, Division 9 (commencing with Section 22000) of the Finance Code. All such loans made through Lendio Partners, LLC, a wholly-owned subsidiary of Lendio, Inc. and a licensed finance lender/broker, California Financing Law License No. 60DBO-44694.