Business Credit Card With No Personal Guarantee for Nonprofits - Business Credit 2019

Looking for a business credit card with no personal guarantee? Are you a nonprofit organization? In this video you will discover how the Charity Charge business credit card works just like a regular corporate credit card, but delivers rewards right back to your nonprofit.

This is the only business credit card designed for nonprofit expenses. Charity Charge is a public benefit corporation dedicated to serving nonprofits. The application process is simple and requires no personal credit check or pg.

To apply for the charity charge card, go to https://www.charitycharge.com/

As we mentioned, there is no personal guarantee required when applying. What is a personal guarantee? A personal guarantee is a written promise from a business owner guaranteeing that payment will be made in the event that the business fails to pay.

Since there is no personal guarantee required, it means you are not personally liable for the business credit card. This reduces your leadership team, board, and founders overall financial risk.

There is also no annual fee and your nonprofit earns one percent cash back on all purchases. Some of the other benefits with this business credit card is the ability to issue employee cards with real-time control.

You also get a dedicated account manager along with custom transaction reporting compatible with major accounting programs.

To qualify a nonprofit must have at least two years of financial history. Their approval process uses form 990 and GuideStar, one of the world’s largest nonprofit databases. The card is underwritten by Commerce Bank.

Some of the benefits of this business credit card with no personal guarantee are as follows:

*No personal credit checks
*No personal guarantor
*No annual fee
*Automatic cash back
*Ability to issue employee cards

For more details on how to get a business credit card with no personal guarantee for your nonprofit organization check out the following websites below.

https://youtu.be/1SFa5BN65hc
https://www.charitycharge.com/
https://businesscreditblogger.com/2019/05/30/applying-for-business-credit-cards-with-an-ein/
https://businesscreditbuilders.org/business-lines-of-credit/
https://businessfundingengine.com/