Frequent Contributor
JonStur
Posts: 355
Registered: ‎12-25-2010
Re: More Credit Limit

beb86 wrote:
If you need a card to run business expenses through I would recommended an AMEX charge card. You will be able to have the flexibly of pushing the charges you need but also know that you can't carry the debt month to month. I would also recommend going to a local CU with your business plan and get a business line of credit.

+1 Although it has been done many times, financing a business with consumer credit cards is an extremely risky business. Definately a credit union or bank LOC. When you start amassing large amounts of personal credit, creditor want to make sure you have the income to support it...


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