kingson wrote:I have a Chase business credit card want to increase the credit line , My company turnover is around 2,00,000 USD a year. Before when i applied it was only 80,000USD. My current credit line is 20,000 USD when i applied at the start i need to increase it to 50,000 usd how to do it now.
Your best route is to call Chase and ask for your limit to be raised. If they say no then ask what you need to do to get it raised.
It might be difficult as was already said because this is a business card. But if you agree to have Chase handle payroll or cash management they might up your limit.
Alternatively, talk to smaller banks. They would probably be happy to work with your business. That is a decent turnover for a small bank.