I am a recent college graduate looking to start a tax preparation business. I have average credit with one major charge off on my credit report. What are my options for applying for a business credit card to finance office material and supplies? Im not looking for a huge credit limit, just need about 5k.
I know its ONLY 5k and your probably thinking I should borrow it from my parents or ask a "rich family member" I dont have those kind of resources so please refrain from those kind of answers. serious answers only. thanks in advance!
When I started my business my credit card was based off of my credit since my business wasn't around long enough for the credit card companies attach my credit account to my business. I went with Chase and got a Business Professional credit card account which but a percent of my purchases back in the form of cash checks I got in the mail. they also for the first year gave me no interest. you might want to try going to a bank with your business plan also and pitch your plan to them to get a loan but these days that might be like pulling teeth.
Another alternative is to look for someone to invest in your company. Find some friends or friends of friends whom have money to invest and pitch them your idea and break down ROI for them. Lastly you could start a tax preparation business and apply for a grants. there might be one where you could do x amount of tax returns for the underprivileged in return for money. Good luck.
What are my options for acquiring a business credit card?

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Mind you -- the address had to be changed to our new address on the (unused) credit card account for that to happen. (And was NOT changed by the daughter.)
I love all the updates you guys are doing. If you every get a chance there is one update i would like to add to the shopping cart is a sitting fee so we can have our costumers pay inadavance, nothing worse to have a client cancel at last minute. but without the 15% print sale charge. I know their is always a credit card charge so maybe the finance office could work something out.
I would advise you to open an account with a credit union that offers a free checking, saving, and credit card account. From that you should be able to build your credit history nicely.
Hi Kengah, sending money through PAYPAL is very much possible. However you need to have a credit card account with any bank. All you need is just the details on your credit card.
That’s not ‘sophisticated’. My 10 year old daughter has tried that trick on one of her ‘play games as your stuffed animal’ websites and asked me why it didn’t work. That’s the most primitive type of website security that Citigroup failed to employ on their credit card account portal.
Usually Finance Officers are paper pushers. A necessary part of the Military but yet yes they just sit there.
The ones that see the action sign up for combat duty. If you are able to combine your intelligence with your physical attributes, try to get into Intelligence. You can always get your MOS/Career Branch changed if you don't like where you are seated. Ask your Military Officer Recruiter for help with this.