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3 ways which may qualify you for a business credit card:
1) Existing Business
2) Business Start-Up
In my personal and client’s experiences, you can have a new business and apply for a business credit card as a business start-up.
- Do you sell books or other items for profit on e-bay, Amazon, or Etsy?
- Do you get paid to train, coach, teach lessons, baby-sitting/nanny, or do household repairs for others?
- Have you started buying and selling items for profit?
- Do you sell homemade baked goods or crafts for profit?
- Do you get a payment for referring anyone to a certain product?
Take a minute to think about your personal situation.
- If you buy and sell goods (books, gift cards, DVDs etc) online for profit
- If you sell items from your home (Garage sales, Craigslist,etc.)
- If you have a booth at a flea market and regularly sell items.
Ready To Apply As A Sole Proprietor?
How to fill out a business credit card application as a sole proprietor
2) Years in Business: For example, if you have been thinking of selling homemade soap for the last year and have been buying ingredients to test different recipes enter “1.”
5) Business Phone Number: If the headquarters of “Sally’s Soaps” is in your house, then enter your home telephone number.
8) Occupation: Enter “Sally’s Soaps” full time occupation.
10) Does your business have a Tax Identification Number?: Choose the option which says “No, my business is a sole proprietorship.”
After you submit your application, you may be asked to provide verification of your business.
This may be in the form of copies of your business bank account, utility bill, tax returns, business license etc.