Can I Get a Business Credit Card Without a Personal Guarantee?

It’s obviously risky for banks (large and small) to loan money to new businesses. So, if you’re in the market for a business credit card, the issuer will generally always require a personal guarantee and not just a promise that the business will repay. What are the chances that you can get a business card without a personal guarantee? “It’s very, very rare,” says Levi King, founder and CEO of Creditera, a company that helps small business establish, understand and leverage their credit. Read on for why business card issuers want that personal guarantee, some (very rare) circumstances in which … Continue reading Can I Get a Business Credit Card Without a Personal Guarantee?