Low credit score, weak cash flow, lack of collateral, and length of time in business, among other things, can cause lenders to deny you a bank loan.
Fortunately, loan rejection isn’t the end of the world. There’s another fantastic alternative—business credit cards.
Like personal credit cards, business credit cards enable you to cover expenses, build credit, and earn rewards. Best of all, you can use your business credit card on just about anything, as long as it’s business related.
Not all plastic is created equal, however, so make sure to compare your options to get the best limits, rates, and rewards.