Business Credit Card

Overview – Business Credit Card

The primary reason to use a business credit card should be for streamlining your expense management. The convenience of on the spot or over the phone payments, and options like specific debit and rewards features of some credit cards, may be an advantage to your business.

Features:

  • Interest free usage if cleared on a monthly basis (excludes debit card).
  • Convenience of mobile payment solutions.
  • Multiple cards available connected to the primary account
  • Automatic balance transfer available
  • Limit the spend amount on staff cards

Options:

  • Debit cards
  • Low rate cards
  • Reward cards
  • Corporate cards

Why CPI Finance

Business cards can be secured or unsecured depending on the limit and strength of your business. Secured cards need to be assessed and approved along with the credit lending request. At CPI Finance we have access to a range of lenders, and build this exposure into the application, at the same time of your core business lending needs.

Finance Tip

“Business credit cards have a range of interest free days typically from 35 to 55 days. However, if you set an automatic balance transfer on a monthly basis, you get the benefit of increased cash flow without the risk of high interest, and the added benefit of rewards if that is the card you have chosen”.

Need funding? – CPI Finance has experience and access to a range of lenders