Business Financial Products
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POS SystemsFree Price Quotes ![]() Commercial Credit CardsCommercial or "corporate" credit cards are charge cards issued specifically for business purposes. They can be carried and signed for by properly authorized employees, but are connected to corporate bank accounts, and issued based on the credit rating of the employer. In most cases strict spending controls and reporting are implemented to ensure that the cards are being used exclusively for business purposes. Each card can be assigned its own internal "credit limit," which is decided on by the employer, and can be adjusted whenever necessary. This additional control is a major advantage for businesses seeking to arm their employees with plastic money. Another benefit of corporate cards is the fact that they can help businesses establish a strong credit rating. This can be very useful when applying for a business loan or lease. In addition to this, businesses that make use of corporate credit cards can reap a large number of bonuses and discounts on things like hotels, car rentals, shipping, and office supplies. |
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