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Where Barclays Business Credit Card Wins and Loses

Fundera

The card has no foreign transaction fees, and its $89 annual fee is waived in the first year. Finally, you get free online FICO score access, MasterCard Elite concierge service, and travel accident and trip cancellation insurance. Second: Federal regulations on consumer credit cards are stronger than those on business credit cards.

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How Do Business Credit Cards Work? 10 Important Insights

Fundera

While you’ll need to provide a slew of credentials to qualify for a small business loan —like strong revenue, time in business, credit score, industry risk, and more—credit card companies won’t ask for nearly as many qualifications on their applications. …and your personal credit score.

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The Alternative Lending 25: Small Business Edition

Fundera

It’s not an unfair assumption to make that if a borrower can convince 3 to 5 people to invest money into their business venture, then they’ve probably got a good chance of success—even if they lack the financial documents or credit history to prove it. Kabbage focuses on one product for small business owners: a line of credit.

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How 4 Food Truck Owners Got the Money to Start

Fundera

A credit card can work well for starting your venture, though we’d would recommend a business credit card in favor of a personal card. So, even if you don’t have an established concept and customer base, you might still qualify for equipment financing from an online lender—especially if you have a strong personal credit history.

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9 Business Credit Card Requirements You Must Know to Get Approved

Fundera

Do I need a minimum credit score to apply for a business credit card? Just like a small business loan , your credit card issuer is taking a risk when they approve your business credit card application. Your personal credit score is one of a creditor’s best tools for measuring your financial responsibility.

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Cryptocurrency risks, rewards and red flags for financial institutions

Abrigo

Cryptocurrency was first introduced in 2009 and is lauded for providing a level of privacy and security that traditional banking cannot guarantee. Interest rates are relatively low—often in the single digits—and there's generally no credit check required. trillion last fall to less than $900 billion today. . risk assessment?model