Page 187 - Winning The Credit Game Bundle (CK Patrick)
P. 187

These are, of course, just a few examples of the top recom-
                mended business credit cards available to a business with Tier 4
                credit. It is likely that nearly every bank and credit union offers
                some kind of elite business credit card. Some may require that
                your business have several million dollars in annual revenue in
                addition  to  a  stellar  credit  score,  but  others  may  have  options
                specifically for small business owners.
                   If these business credit cards sound interesting to you, now is
                the  point  where  you  may  be  well-qualified  to  apply  for  them.
                Take some time to research business credit card options offered
                by  your  local  banks,  or  those  which  offer  industry-specific
                discounts and rewards points that you may be able to use to cut
                your business’s operating costs.
                   It’s also time to consider whether you want to seek investors
                for  your  business.  While  investment  capital  can  be  a  powerful
                tool  for  fueling  massive  business  growth,  keep  in  mind  that
                investors  may  also  ask  for  some  control  over  company  opera-
                tions decisions, which may not be necessary for every business.


                APPLY FOR A BREX BUSINESS ACCOUNT

                Now that your business has some credit history from using the
                strategies discussed in our Tier 1 chapter, you may qualify for a
                Brex  business  account.  A  Brex  account  is  similar  to  a  bank
                account but is superior to a typical checking account in several
                ways.
                   Brex accounts are insured by the FDIC just like bank accounts
                are,  but  money  held  in  Brex  accounts  can  be  sent  via  ACH  or
                wired  worldwide  for  free.  Brex  accounts  also  allow  unlimited
                users  and  cards  to  be  linked  to  your  account,  offer  business
                rewards  programs,  and  count  toward  your  business  credit
                history.
                   Brex can’t replace your business bank account, but it can be
                an  extremely  useful  tool  if  you  want  to  build  business  credit
                history or make it easier to move money internationally, or make
                funds available to multiple members of your business.

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