Are you are looking to secure a business credit card in the name of your business entity? The key for success is to find out what is the lowest personal credit score (and what bureau do they pull that from) and the highest revolving debt in order for you to qualify. Yes, a business credit card should be in the name of the entity and under the EIN, but 95% of the qualification is based upon your personal credit. If your credit score is 680 with 50% revolving debt personally that is a great start. If your credit score is 550 with 90% revolving debt obtaining a business credit card will not work for you (unless it is secured).
Posted on: Mon, 05 May 2014 22:02:23 +0000
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