![]() ![]() The ability to personalize individual cards with your brand.Some other unique features the Ramp card offers include: They offer both unlimited virtual and physical cards. This is in contrast to other cards that often offer rewards for spending more. One unique thing about Ramp’s software is it is designed to help reduce spending. ![]() Must have a minimum of $75,000 in business accounts.Doesn’t report to the personal credit bureaus.We really like what Tillful is doing here – the business credit industry has needed a simple secured card for awhile! This new card has a lot to offer. Tillful works with Experian and offers a free view of your Experian Intelliscore+ score. You can also tell if using the card is helping. So, a bonus is you can see your business credit score and know what you are working toward. You must have an account with them for business credit monitoring before you can get a secured business credit card. What exactly is a Tillful credit account? At its core, Tillful is a business credit monitoring app. Be in compliance with their terms and conditions.Not be in any of the restricted industries specified by Sutton Bank.Be incorporated in the US for a minimum of 3 months.To qualify for a Tillful card a business must: Earn a 1.5% rate with rewards on your business purchases (promotional).They report to Dun & Bradstreet, Experian Business, and Equifax Business. You can earn rewards on business purchases and there is no personal guarantee requirement. They have a link on their website where you can get on the list to be notified when it opens back up. In fact, it’s so new that you can only get it right now with early access. If you don’t want to jump through the hoops of setting up a new expense management platform, Divvy might not be the card for you.īut other than that, we don’t see much of a downside to Divvy’s card. The whole Divvy system can help a business owner take control of spending and streamline money management. In that way, Divvy has the same benefits as a normal business credit card. Divvy also makes it really easy to create (or take away) employee expense accounts with pre-defined limits. It is definitely useful for getting a business credit account reporting and building your business credit score. What’s even better is that they will graduate your account to an unsecured credit line once your payment history and business credit get built up more. There is no minimum required – you can deposit as little as you want. It’s secured with your Divvy account, so the balance in the account is your credit limit. ![]() (If your business credit is good enough to quality for an unsecured line of credit, they will offer you that instead of the Credit Builder product.) There is no personal guarantee requirement for the owner(s). It is basically a secured credit card option that will help you build your credit history and strengthen your business credit report and scores. It is designed to help a business owner manage their business expenses by integrating with accounting systems and helping them control spending in a streamlined manner.ĭivvy found that many small businesses have solid revenue, but don’t have the business credit needed to qualify for a corporate credit card. Requires signing up for the platform (can be a pro for many businesses)ĭivvy is an expense management system that was recently acquired by.Graduates to an unsecured line of credit.The 5 Best Secured Business Credit Cards That Report to D&B Brand Wells Fargo: Best Traditional Bank Card.Ramp: Great for Medium-Sized Businesses.5 Secured Business Credit Cards That Report to D&B: In fact, one of the largest obstacles to building business credit is finding accounts that will report positive history. In fact, only 7% of companies that offer credit to businesses, including credit card issuers, actually report positive history. The key is to find accounts that do not require a good business or personal credit score, and that will report positive payment history to the business credit reporting agencies (CRAs.) Not every credit card issuer will do that. ![]() There is a vicious cycle of “you need credit to get credit” that can seem almost impossible to break through. When you buy through links on our site, we may earn an affiliate commission.īuilding business credit can feel like an uphill battle at times.
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