Applying for a Business Credit Card? Consider This.
What will decide your company’s future? Is it all of the hard work that you’ve put into networking? Maybe your innovative business plan will take a back seat to your cutting-edge technology. No matter which factor drives your outward success, creating functional enterprises is about establishing the financial mechanisms that let you handle the day-to-day. Shouldn’t you apply for a business credit card that gives you a shot at thriving?
Thousands of amazing ideas have failed for their lack of financial support. Bento for Business makes it possible to fund your endeavors without tying their outcomes to the whims of investors or financiers who lack firsthand experience with the unique challenges that you now face.
Understanding What You’re Up Against
Whether you’re completely new to running a company or have prior experience, it’s not always easy to anticipate the hurdles you’ll need to overcome. From the small-business financing market’s well-documented problems with discrimination to factors like economic market outlooks, interest rate ceilings and regulations, there could be a lot standing between you and funding.
Traditional lenders aren’t always willing to aid new ventures or even long-time players that fail to meet their strict standards. As a result, small and medium-sized businesses, or SMBs, find it difficult to support the routine activities that they need to perform to profit. Such issues might be surmountable for larger companies, but they can stop you dead in the water if your firm lacks capital reserves.
Finding a Solution
How do business owners cope? Analysts offer many suggestions, but they aren’t always workable. For instance, you could seek a loan, but if your credit score is already too low for a conventional card, then you might be denied. Or, you might try to pay for purchases using your personal funds, but this is a dangerous practice that can lead to serious hardships.
Business debit cards offer a stable, middle-of-the-road solution. They function with the simplicity of credit cards when it comes to purchases, but since you fund them beforehand, they let you gain transaction flexibility without having to jump through hoops to get approved. With proven options like Bento for Business, you also get unique protections and perks that conventional alternatives simply don’t offer, such as:
- Purchase limits and per-card rules that you define,
- Instant account balance, management and oversight tools via secure, SSL-encrypted dashboards and mobile apps,
- Automated fund and card reloading, and
- Funds held within Bento are FDIC insured to at least $250,000 through The Bancorp Bank, N.A.; Member FDIC.
Apply Now for the Best Card for Your Business
No single factor can guarantee your company’s success. You’ll need diligence, a driven work ethic and networking skills to stay alive in a competitive market. Bento for Business gives you as many cards as you need and more latitude to focus on cultivating these talents instead of just balancing your checkbook.
It’s easy to apply for Bento for Business. You can get started with our free 60-day trial in under 60 seconds, and once you do, you don’t have to commit to anything. If you like it, you can set up as many as 10 employee cards for $29 per month.
We’re devoted to changing the way SMBs pay for essentials, and we’d love to help you next. Call 866.220.8455 to apply for your business and discover what you’ve been missing.