Small buisiness Company card without PERSONAL Guarantee
I am the President of a company that projects 3.5M to 3.8M in 2018 sales. I am seeking a corporate card for me and a couple staff members’ travel expenses, but I do not want to give my “personal” guarantee since I am not an owner. The Chase cards look perect except a company must have over 4M in sales, which we do not. Are there any others ???
Most of the small business credit cards that we’ve reviewed require personal guarantees from business owners. If you’d like to get a card that doesn’t require a personal guarantee, that sounds more like a corporate card, which are more niche offerings that we haven’t reviewed in-depth.
You may want to try working with Chase to see whether they would approve you for a card based on anticipated sales rather than the past 12 months. Alternatively, you could always reach out directly to see if they have another offering that might be a better fit.
Hope this helps,
Disclaimer: We spend hours researching and writing our articles and strive to provide accurate, up-to-date content. However, our research is meant to aid your own, and we are not acting as licensed professionals. We recommend that you consult with your own lawyer, accountant, or other licensed professional for relevant business decisions. Click here to see our full disclaimer.
Product or company names, logos, and trademarks referred to on this site belong to their respective owners.