No PG Business Credit Card (Soft Pull Only) - Business Credit 2021

3 years ago
13

Looking for a no pg business credit card? In this video we show you how to get a business credit card with no personal guarantee.

When it comes to building business credit, getting a business credit card that reports to the business credit reporting agencies is powerful strategy. First, it provides your business access to working capital when it needs it.

Second, you protect your personal credit since the card itself does not report to your personal credit reports. And finally, you establish business credit since the account and activity report to a business credit agency.

It’s important to note, this card is for businesses who can receive payments by credit card. Since this card is linked to a merchant account you are required to set up a new merchant account. If you have an existing one, your pricing will either be matched or beaten with this new merchant account.

To apply for a no pg business credit card go to http://firstbusinessline.com
For our Step-by-Step Business Credit Building system go to https://businesscreditbuilders.org/

Also, as an applicant you must have an Experian credit score of three hundred and one minimum. The credit limit approval is initially based off your personal credit score. Future credit limit increases will be based on your company’s processing volume.

This no pg business credit card reports to Dun and Bradstreet and will be issued only after you process one thousand a month or more for three months using your new merchant account.

There are two stages you go through when applying for this business credit card with no personal guarantee for your company. During stage one, you can obtain up to $10k credit limit based on your personal credit score only with no hard pull, just a soft pull on your credit.

The second stage is your ability to increase your credit limit every three months if your processing volume increases. Remember, the more volume you do the greater the credit limit increase you may receive.

As previously stated, there is no personal guarantor required and you can qualify with credit scores as low as 301. All business entity types are accepted whether you operate as a sole proprietor, LLC or corporation.

The no pg business credit card is linked to your newly setup merchant account. With a merchant account you have the ability to accept payments over the phone, accept payments over the internet and accept payments in person.

As your business grows and you process more payments from customers so does your credit limit. This is a great way for any business owner to start building business credit without putting his or her personal credit at risk.

The business credit card requirements for this account are much easier to qualify for compared to other unsecured business credit funding options. This type of business credit card is the fastest, easiest and truly hassle-free way to get access to a business credit card without a personal guarantee.

Remember, the ‘dividing line’ between personal and business credit lines must be established at the credit reporting level in order to legitimize true personal and business credit separation.

For details on this no pg business credit card go to the following sites.
http://firstbusinessline.com
https://businesscreditbuilders.org/business-lines-of-credit/ https://businesscreditblogger.com/

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