Having the right credit cards on hand has long been an important factor in how successful entrepreneurs are going to be in the long-run. Signing up and qualifying for the proper programs can sometimes be the difference between growing a business over the years or being forced to fold.
As Entrepreneur magazine reports, sometimes the small business cards that a firm qualifies for are based on how long its been up and running. The better cards, which are harder to get, give customers more cash back on items and even travel points to be redeemed through an airline or other merchant services.
In an interview with the source, Zalmi Duchman, founder and CEO of a diet food delivery start up, said that the bigger his company grew, the more choice he was given.
“At first, I could only qualify for the Capital One card,” he told the magazine. “Then, as our business grew and we could qualify [for others], I looked for cards that had good cash-back and miles rewards.”Back To Blog