You have surely heard of corporate credit cards; however, you may not have been introduced to the benefits that having prepaid corporate cards can offer your company. With prepaid business cards, you can completely control the amount of money that your employee spends and how he or she spends it. At the same time, these business cards offer you and your employees the convenience of any recognized business cards. Enjoy total transparency, low fees, and mobile or online access and management with prepaid cards for business.
Farhan Ahmad, the CEO of Bento for Business, described prepaid business cards in a recent interview for Forbes Magazine. First, even very solid small companies and startups may not qualify for business credit. According to the Federal Reserve Bank of New York, most small businesses secure only limited amounts of financing by using the owner’s personal assets or credit to back it. One of the first advantages of using prepaid corporate cards is that the business owner won’t risk personal credit or have to pay fees or interest for running up business credit.
Offering employees the use of personal credit cards or even cash causes lots of problems, including the chance of mingling the owner’s own funds with the business and a total lack of control. At the same time, most business credit cards come with fairly high fees and interest charges, some perks that might not be that useful for your unique business, and few controls over the use of credit. Since these cards don’t rely upon credit, these problems are eliminated.
With prepaid cards for business, you can enjoy these benefits:
Certainly, you will want to work with a provider of prepaid corporate cards that you can trust to provide you with financial stability and excellent support. Bento has proven their trustworthiness with a Business Bureau rating of A+. If you have any more questions about exactly how Bento can benefit your business, you can refer to the FAQ page for answers.
Do your business a favor by giving yourself complete control over corporate expenses and your employees the convenience of a business Visa debit card. You can begin your free, 60-day trial today of prepaid corporate cards or call 866.220.8455 to speak with a live representative.
Applying does NOT affect your credit score!*This is not a credit card.
Banking services provided by The Bancorp Bank, Member FDIC. This Card is issued by The Bancorp Bank pursuant to a license from Visa U.S.A Inc. and may be used everywhere Visa® debit cards are accepted.