When first starting a business, there’ll be quite a large number of things that every entrepreneur will have to consider. One of the more notable of these is financing, of which a business credit card will play an important role. However, choosing the right one for your small business can often be tricky.

This is mainly because there can be quite a large number of them to choose from. As a result, new entrepreneurs can quickly become overwhelmed, especially when coupled with everything else that needs to be looked after. Despite this, there are a few credit cards for new businesses that can come well-recommended.

Here at Colony Associates, we know what can be involved in starting and growing a company long-term. As a result, we’ve looked through a variety of credit cards to determine which ones could be the right ones for many firms.

CitiBusiness/AAdvantage Platinum Select World Mastercard

If you’re expecting to travel a lot for your business, then this could be one of the better-recommended credit cards for you. The main reason for this is that it offers some of the best airline miles with your purchases. While you’ll have to use American Airlines to take advantage of these, it could still be beneficial.

There can be quite a broad range of other advantages to this, with the majority of these being related to business travel. You should also be able to gain extra points on your card. While this is relatively minor, it could be quite beneficial for any entrepreneurs who have to travel a lot for work.

Capital One Spark Cash Credit Card

One of the largest benefits to the Capital One Spark Cash Credit Card is its rewards program. This is quite higher than many other business cards, with business owners being able to 2% back on every purchase. Alongside this, there aren’t many limitations or categories on what this can apply to, which should be a notable advantage.

There’s also quite a substantial sign-up bonus to take advantage of, which could be as high as $500, although you’ll need to spend a minimum of $5000 to capitalize on this.

Discover it Business Card

There are quite a large number of benefits to choosing a Discover it Business Card when you’re first starting your business. One of the largest of these is that you should get 0% APR on business expenses in the first year that you have the card.

This should mean that you’ll be able to minimize the fees often associated with starting a business. Alongside this, Discover should match your cashback during this time, which could be quite a significant benefit for the majority of business owners.

Financing your start-up business doesn’t have to be as challenging as you might think. While there are a variety of hurdles that you’ll have to overcome, Colony Associates is here to help you with everything you need. The majority of successful entrepreneurs may need a helping hand as they grow.

This is where we shine, as we can offer you the help and advice that you might want as you grow. What’s stopping you from taking the next step in your business career