Not only do business credit cards have higher lines of credit, their statements are ideal for tracking business purchases for taxes. Business credit cards, as it turns out, don’t offer the same protections as personal credit cards. Unlike consumer credit cards, which require a 45-day notice, the rate on a business credit card can be changed without notice. Unlike consumer credit cards, which require a 45-day notice, the rate on a business credit card can be changed without notice. “Business credit cards are surprisingly more affordable than many other business financing options,” said Priyanka Prakash, a loan specialist at FitBiz Loans and Fit Small Business, in a recent interview with MoneyGeek.com.

Source: Forbes August 28, 2017 04:18 UTC