Welcome to Credit Guide
Credit Agricole Article
. For a permanent link or to bookmark this article for further reading, click here.
How and Why to Get a Business Credit Card
Most often when people are in business for themselves, or even when they are working for a large company, they are often given their own business credit card to use for the company.
When it comes to getting a business credit card the most important thing that a credit card company will look at is the history of the company. By that, they will often look at the owners of the company along with their credit scores. Going by the credit scores of the owners, that will determine how many (if any) business credit cards they will be given.
In most cases, at least one business credit card will be offered; however, there may be more (depending on what the credit score is). Another thing that the credit card company will look at upon approval of the credit cards is what type of income the company is bringing in.
No matter what the credit card company finds out, if you are a company, more and likely you will be approved for a business credit card of some sort, provided you can show proof of your business.
One of the most important things that a credit card company will look at before issuing a business credit card to any company is some sort of validation that the company exists. With most credit card companies, they will ask for certain types of paperwork for validation, such as W-2's.
However, if you are in business for yourself and is applying for a business credit card, it may be harder to get approved as your business is not as large and locally known as many other businesses.
In fact, when you own your own business a lot of times you may have to send many different things for verification of your business, such as 1099's, employee's W-2's, company letterheads or anything else that will help validate the company.
When a company gets a business credit card, it is usually for many different reasons. In fact, some of the main reasons why a company will get a business credit card is so that they can earn extra money every time they use it (such offers from the credit card).
Another reason why many businesses like to use their credit cards is so that they can have receipts on everything they purchase, where they can write it off at the end of the year. In fact, the reasons why companies use their credit cards are endless, as they all have their own reasons.
The only important thing that a company has to remember is that they must use the credit cards wisely, and to pay the debt each month. In the end, the business credit cards will do nothing but help them along in their adventures in the business world.
Credit Agricole Specific links
Credit Agricole News
Euroclear taps Credit Agricole for new chairman - Reuters
Euroclear taps Credit Agricole for new chairman Reuters By Luke Jeffs | LONDON May 24 (Reuters) - Euroclear named Marc Antoine Autheman, a former Credit Agricole banker, to replace Sir Nigel Wicks as chairman in January as the settlement firm gears up for reforms to promote competition in the sector for the ... Euroclear Board elects Marc Antoine Autheman as new Chairman from 1 January 2013 |
Credit Agricole SA Group selects Orchestra Networks' Master Data Management ... - MarketWatch (press release)
Credit Agricole SA Group selects Orchestra Networks' Master Data Management ... MarketWatch (press release) BOSTON & PARIS, May 24, 2012 (BUSINESS WIRE) -- Orchestra Networks(TM), the Master Data Management (MDM) software vendor, today announced that Credit Agricole SA Group selected its EBX5 solution to manage its master data. Orchestra Networks is one of ... |
Crédit Agricole S.A. Group selects Orchestra Networks' Master Data Management ... - EON: Enhanced Online News (press release)
Crédit Agricole S.A. Group selects Orchestra Networks' Master Data Management ... EON: Enhanced Online News (press release) BOSTON & PARIS--(EON: Enhanced Online News)--Orchestra Networks™, the Master Data Management (MDM) software vendor, today announced that Crédit Agricole SA Group selected its EBX5 solution to manage its master data. “We are proud to have Crédit ... |
SocGen Search for Funding Takes Bank to German Car Buyers - San Francisco Chronicle
SocGen Search for Funding Takes Bank to German Car Buyers San Francisco Chronicle Seeking shelter from Europe's resurgent sovereign debt crisis, Societe Generale and France's three other large, listed banks -- BNP Paribas SA, Credit Agricole SA and Natixis SA -- are seeking new ways of financing their balance sheets. BNP Paribas Targets Asia As Europe Rivals Pull Back |
Credit Agricole, SocGen count Greek cost - Reuters
 Wall Street Journal | Credit Agricole, SocGen count Greek cost Reuters Credit Agricole has suffered some 6 billion euros in estimated losses related to Emporiki since it acquired the Greek bank in 2006. Analysts have estimated that the bank could take a hit of 5 to 8 billion euros if Greece left the euro zone. Bank bosses face angry shareholders |