Yes, credit cards tailored for LLCs are available, allowing the entity to build its credit profile. Using an LLC-specific card helps separate business and personal finances, shielding personal assets from business liabilities. However, some issuers might request a personal guarantee from LLC owners. Acquiring a credit card for your LLC can establish its creditworthiness, facilitating future financing. Ensure to review card terms carefully and seek financial advice if needed.
Updated over 7 months ago