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The Official Way to Get Business Credit Cards for New Business

Reviewed by Ty Crandall

November 14, 2023
Business Credit Cards For New Business Credit Suite

The Secrets to Get Business Credit Cards for New Business

Business credit cards for new business can be yours. But first, let’s delve into business credit lines.

Credit Lines

A credit line, or line of credit (LOC), is an arrangement between a financial institution or a private investor and a debtor which sets a maximum loan balance which a borrower can access.

A borrower can gain access to funds from their line of credit anytime, as long as they don’t exceed the maximum set in the agreement, and so long as they meet all other requirements of the bank or investor including making on time payments.


Biz Credit Cards for New Business Credit SuiteCredit lines provide many unique benefits to borrowers including versatility. Borrowers can utilize their line of credit and merely pay interest on what they use, compared to loans where they pay interest on the full amount borrowed. Credit lines can be re-used, so as you acquire a balance and pay that balance off, you can use that available credit again, and again.

Credit lines are revolving accounts similar to credit cards, and compare to other types of funding such as installment loans. Frequently, lines of credit are not secured, much the same as credit cards are. There are some credit lines which are secured, and because of this easier to qualify for


Credit lines are the most commonly sought after loan type in the business world even though they are popular, real credit lines are few and far between and tough to find. Many are also very difficult to qualify for requiring good credit, good time in business, and good financials. But there are other credit cards and lines that few people know about that are attainable for startup companies, bad credit, or even if you have no financials.


Credit Cards and Lines are Very Similar

Credit cards often offer 0% intro rates for up to two years. So this is extremely useful for startups in particular. Credit lines allow you to take out more cash at a much cheaper rate than do cards. These are the main two differences that will affect you between credit cards and credit line.

Investopedia even says that, “lines of credit are potentially useful hybrids of credit cards.”

Both cards and lines are revolving credit. Credit lines are more difficult to get approval for as card approvals are normally very fast, many times automated, while line require an in-depth underwriting review. Lines usually offer lower rates, per Bankrate card rates average 13% while lines average 4%.

Click to download Credit Suite’s 12 business credit cards and credit lines business guide. Learn everything you need to know about getting the best credit cards for your business. via Credit Suite

Get Business Credit Cards for New Business: Unsecured Business Credit Cards via Our Credit Line Hybrid

You can get unsecured business credit cards for new business. Most of them do report to the consumer credit reporting agencies. They all call for a personal guarantee from you. You can get approval in general for one card max as they stop approving you when you have two or more inquiries on your report.

Most credit card companies furnish business credit cards including Capital One, Chase, and American Express. These have rates much like consumer rates and limits are also similar. Some report to the consumer reporting agencies, some report to the business bureaus. Approval requirements are similar to consumer credit card accounts.

Click to download Credit Suite’s 12 business credit cards and credit lines business guide. Learn everything you need to know about getting the best credit cards for your business. via Credit Suite

Consumer Report Inquiries

Normally, when you apply for a credit card you put an inquiry on your consumer report. When other lenders see these, they will not approve you for more credit because they do not know how much other new credit you have lately obtain. So they’ll only approve you if you have less than two inquiries on your report within the last six months. Any more will get you refused.


With our Credit Line Hybrid, you deal with a lender who specializes in securing business credit cards. This is a very rare, only a few know of program which few lending sources offer. They can normally get you more approvals than you can get on your own.

This is due to the fact that they are familiar with the sources to apply for, the order to apply, and can time their applications so the card issuers won’t decline you for the other card inquiries. 


Multiple cards generate competition, and this means you can get your limits raised ordinarily within 6 months or less of your initial approval. Not only will you get money, but you build your business credit as well so in three to four months, you can then use your recently established business credit to get even more money.

Like with just about anything, there are significant benefits in working with a source which focuses on this area; the results will be better than if you try to go at it alone.

Guarantors Welcome

You can get approval making use of a guarantor and you can even use numerous guarantors to get even more money. There are additionally other cards you can get making use of this same program but these cards only report to the consumer reporting agencies, not the business reporting agencies. They are consumer credit cards versus business credit cards.

A Caveat

With all earlier cards, you need to have good consumer credit in order to get approval but what if your personal credit is not good, and you don’t have a guarantor? This is when building company credit makes a ton of sense even if you have good personal credit, setting up your corporate credit helps you get even more money.

Click to download Credit Suite’s 12 business credit cards and credit lines business guide. Learn everything you need to know about getting the best credit cards for your business. via Credit Suite

Get Business Credit Cards for New Business Even When You Think It’s Impossible

Company credit is credit in a business name, that’s linked to the company’s EIN number, and not the owner’s Social Security Number. When accomplished correctly, business credit may be obtained with no personal credit check and without a personal guarantee. And this is a thing all other cards above can’t provide.

You can get three types of business credit cards. Vendor credit offers net 20 terms used to start a business credit profile. With retail credit, get credit cards with high limits at most retail stores.

And with bank and fleet credit, get Visa, MasterCard, and American Express cards you can use anywhere. You can get these without any credit check or guarantee. Limits are typically $5,000 – $10,000 to start, and can exceed $50,000.

Your business can get credit cards and financing, if you know where to look. Check out how this will help your company get business credit cards for new business.

About the author 

Janet Gershen-Siegel

Janet Gershen-Siegel is the seasoned Finance Writer and a former content manager at Credit Suite. She has been admitted to practice law for over 30 years, with a focus on litigation and product liability, and is a published author, with writing credits at Entrepreneur, FedSmith.com and BusinessingMag.com.

She has a BA in Philosophy from Boston University, a JD from the Delaware Law School of Widener University, and a MS in Interactive Media (Social Media) from Quinnipiac University.

She regularly writes for Credit Suite, which helps businesses improve Fundability™, build credit, and get approved for loans and credit lines.

Her specialties: business credit, business credit cards, business funding, crowdfunding, and law

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