Business credit 2010

The year 2009 was not good for business credit card holders, as credit limit was slashed and interest rates were raised. This make the business owner think of how to finance their business. It was a tough time for them to take decision.

In this New Year 2010, thankfully there is a ray of hope for the business owners as business credit card market for 2010 will illustrate:

• Increase in lending limit Via Small Business Credit Cards

• Better Personal Credit Histories require for Business Owners Seeking New Credit

• More Cards Issued Via “Bank-Based Relationships”

• More Business Charge Cards with Innovative Financing Models