Risks of using a business credit card...?

Question

does anybody know the risks of using a business credit card to start a business? If you have any websites with info that would be great. Thanks!

Answer 1

The risk is similar to any other credit card.  Whoever applies for the card is liable for charges, or they will go after whoever uses the card.  So don't look at a business credit card as a way of escaping liability for your spending.

Answer 2

If you are starting a business, the credit will be based on your good name, not the busincess since the business has no history.

If the business goes under, YOU will be paying the money back.

Answer 3

You will pay less interest if you get a bank loan to start the business, instead of using a credit card. Either way, you will end up paying the money back.

Answer 4

May be this site can help you

http://www.thetechnology.net