I’ve been put in charge of finding new “corporate credit cards” for our small incorporated non-profit, but I’m finding very few corporate cards and a lot more for small business.

We’d like one with rewards, but non of the corporate cards seem to offer rewards.

Best answer:

Answer by 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 0-0, 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

Know better? Leave your own answer in the comments!

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what does someone stealing your I.d. has to do with getting a job? because i think someone stole my I.d. and now i cant get hired anywhere(walmart,home depot, construction jobs, oil rigs,) arlington,tx
so he was trying to say someone stole his I.D. and he had to pay everything off that the hacker bought with his I.D.???
……………………….lol

Best answer:

Answer by Jeff Smoker
I believe he is trying to get the point across that he had to get a part-time evening job because of the expense of the identity theft.

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