Post a new topic
    3 Replies Latest reply on Feb 15, 2009 6:22 AM by Dereshki

    Secured Credit Card for a Business

    tdennis7 Newbie

      Hello,

      A few companies used to offere secured credit cards for Businesses where you could send in a deposit and get a credit card with a credit line in that same amount. Its good for building business credit for new companies and for those business owners with less than perfect credit.

      It seems that the companies that offered these cards are not doing it any more. Bank of America and Wells Fargo. Does anyone know of any financial organizations offereing secured credit cards to businesses? It would seem that with the current credit crunch a secured card would be a win-win for all concerned.

      Thanks in advance!