Digikredit Finance Pvt Ltd. | 25 May, 2018
Credit cards are the key to a healthy business. Apart from being good
for emergencies and fraud protection, they
are undoubtedly a convenient source of capital for small
and vital in building up a good credit score.
Read on to
find out the host of other benefits that will change your perception
about credit cards.
Credit cards make it simpler to buy things as it saves you the hassle
of handling huge amounts of cash. Buying now, paying later and using
a credit card for airlines and hotels that donât accept cash,
surely makes life convenient.
and theft protection is non-existent for cash. However, fortunately,
the same is not true in case of loss of a credit card. Also, a
dispute charge on your credit card is mostly not charged until the
dispute is resolved. In other cases, the money is often lost.
A loan against a credit card is the best option especially, for
speedysmall business financing. Surprising as it may sound, the
credit score that your credit cards help build with timely payments,
actually encourages a bank to disburse a personal or business loans
quickly, without any documentation and at
comparatively lower rates of interest.
If you are using cash or a debit card, it is easy
for your personal and business expenses to get tangled up. Opening
a business credit
card allows you to
stop using personal
credit cards for business
clearly defining the structure to operate your funds.
Paying off small amounts you charge on your credit card is a great
way to create a credit history. This good
credit report can
in turn help you get a personal and business
loan at an excellent rate
Once you swipe your credit card to make a purchase, the company can
vouch for the money you have spent in case of a
loss, damage or robbery. Using credit cards to make huge purchases
not only offers insurance but also secures your interests as a
consumer of business
using a credit card helps you earn free money. Many
credit cards offer rewards, including cash
store vouchers, discounts, rebates, gift cards and many more.
As an added bonus, rewards earned on employee-issued credit cards all
go toward the business.
Credit cards are the plastic
money you can carry everywhere for the cheapest and most convenient
transactions. Such cashless transactions are not only travel
efficient and safe
but protected too.
With quick and hassle-free small business financing becoming the need
of the hour, many
business owners are turning to credit cards for basic types of cash
finance is one of the most important areas of your life, and your
credit card makes sure that you get the most out of it.
association with Digikredit Finance Pvt Ltd , an NBFC, which operates
under the name SMEcorner and offers credit to small business owners.