Businesses should consider using a business credit card. This financing option provides them with flexible capital for monthly costs in addition to perks like points and cash back.
Before applying for a business credit card, utilize the Lendzero Business Credit Card payment calculator to see your monthly payments. Insert the information below:
- Requested credit card balance: The cap is at $100K.
- Interest rate: Rates for working capital loans provided by Lendzero’s partners begin at 1.00% but can be as high as 34.00%.
- Percentage of balance to be paid: For each payment, you’ll need to pay a portion of your credit card balance in addition to the interest that is owed. The portion will vary between 1-5%.