How to Obtain a Business Credit Card
Establish a business or sole proprietorship.. Increase your personal credit score.. Establish credit for your business.
Steps
1
Establish a business or sole proprietorship.
Establish a business or sole proprietorship.
2
Increase your personal credit score.
Increase your personal credit score.
3
Establish credit for your business.
Establish credit for your business.
4
Shop around at local banks and credit unions.
Shop around at local banks and credit unions.
5
Check for online deals.
Check for online deals.
6
Compare interest rates and fees for each company.
Compare interest rates and fees for each company.
7
Determine which features you need for your business.
Determine which features you need for your business.
8
Fill out the application using the legal name of your business.
Fill out the application using the legal name of your business.
9
Give your Employer Identification Number (EIN) or Social Security Number (SSN).
Give your Employer Identification Number (EIN) or Social Security Number (SSN).
10
Provide copies of business documentation to verify your business.
Provide copies of business documentation to verify your business.
11
Wait for approval.
Wait for approval.
12
Activate your card as soon as you get it.
Activate your card as soon as you get it.
13
Reapply at another company if you were rejected.
Reapply at another company if you were rejected.
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