Mogul of Pineapples
- Centurion Member
- Posts: 1271
- Joined: Sun Jun 01, 2008 11:32 pm
- Location: Smogland
DH hit the nail on the head. Getting a business credit card for a LLC, corporation, partnership or any other business for that matter is easy but the big catch is that a personal guarantee is a required.
If you want to get a card solely under the LLC's EIN then it will take 2 or 3 years of solid credit history and revenue numbers. The requirements are not easy to meet right now- someone on here mentioned a gas station credit card that was requiring $5M annual revenue for no personal guarantee and that is preposterous if you ask me. I don't recall the gas station chain but it was one of the biggies.
Disclosure: I am a moderator/paid staff of this site, which does have advertising relationships with some credit cards that are discussed and linked to. Regardless, anything I say is my honest opinion.
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