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Business Credit Card Reviews 2021: How To Get $50k US Bank Business Credit Cards To Buy Real Estate?

by ANY NEWS
June 20, 2022
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Business Credit Card Reviews 2021 How To Get $50k US Bank Business Credit Cards To Buy Real Estate?

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What’s the difference between small-business credit cards and corporate cards?
The fundamental difference between a small-business credit card and a corporate credit card lies in who is responsible for debts on the card:

• With a small-business card, the business owner is personally responsible for the debt. That means he or she is liable for paying the debt even if the business goes under.

• With a corporate card, the business itself is the debtor. If the company goes out of business, the owners are not personally responsible for paying the debt.

Can I use my EIN to get a business credit card?
If you have an employer identification number (EIN) — a nine-digit tax ID number assigned to your business by the IRS — you can use it to apply for a small-business credit card. … Many small-business cards require good to excellent personal credit (typically FICO scores of at least 690) for approval.

How do I establish business credit cards for my LLC?
Eight steps to establishing your business credit
Incorporate your business. …
Obtain an EIN. …
Open a business bank account. …
Establish a business phone number. …
Open a business credit file. …
Obtain business credit card(s) …
Establish a line of credit with vendors or suppliers. …
Pay your bills on time.

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The content of this YouTube channel is provided for informational purposes only and is not intended to constitute legal advice or financial advice. You should not rely upon any information contained on this YouTube channel for financial advice. Viewing this YouTube channel is not intended to and shall not create an client relationship between you and Houston Mcmiller or Business Credit America, Inc, or any of our associated websites. Messages or other forms of communication that you transmit to this YouTube channel will not create an client relationship and thus information contained in such communications may not be protected as privileged. Neither Houston Mcmiller nor Business Credit America, Inc, or any of our associated websites makes any representation, warranty, or guarantee about the accuracy of the information contained in this YouTube channel or in links to other YouTube channels or websites. This YouTube channel is provided “as is,” does not represent that any outcome or result from viewing of this channel. Your use viewing of this YouTube channel is at your own risk. You enjoy this YouTube channel and its contents only for personal, non-commercial purposes. Neither Houston Mcmiller, Business Credit America, Inc, or any of our associated websites, nor anyone acting on their behalf, will be liable under any circumstances for damages of any kind.

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*QUICK DISCLAIMER: I AM NOT A TAX EXPERT. I AM A RANDOM GUY ON YOUTUBE MAKING VIDEOS IN A SPARE BEDROOM. DON’T LISTEN TO ME. CONSULT A QUALIFIED PROFESSIONAL FOR ANY TAX ADVICE.* capital on tap credit card review capital on tap reviews
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