If you are a business owner then you know what it takes to keep your business running smoothly. One of the most important aspects of any business is the ability to control its spending and maintain its cash flow. In order to accomplish this you and your employees need to be able to make business purchases where and when they need to in the most convenient way possible. A business credit card allows your employees to buy the stuff your business needs like fuel, travel, accommodations, supplies and new products. It also has to allow you the business owner to fully control how your employees are spending while attempting to cut costs. The Heritage Bank Business Credit Card lets you do all of this plus more!
Features Of The Business Credit Card
The Business Credit card from Heritage Bank gives you both the convenience of shopping anywhere you need to and the savings a great interest rate. A business credit card is safer than handing out cheques and cash to your employees. You can get multiple cards to give to multiple employees. All of your business cards will have a predetermined spending limit, but you will also have the ability to regulate the spending limit on each individual card. This gives you complete control over your employee’s spending practises.
These cards can be offered without or without security depending on a number of factors. Using a business credit card allows you to keep complete records of your business’s financial transactions and makes keeping your personal spending and the business’s spending completely separate. You and your employees will also have the advantage of making cash advance withdraws and checking account balances anytime simply by visiting on of the2900 ATMs in the Heritage Bank ATM Network. This large network has ATM locations all over Australia.
Savings
Using the Business Credit Card from Heritage Bank offers you the benefits of savings as well. Money Magazine recently name the Heritage Bank Business Credit its 2011 Winner for the Cheapest Business Credit card. This means you know it is a best buy. The card offers a low interest rate of 10.65% p.a for secured loans and 12.95% p.a. for unsecured loans.
The minimum credit limit for each employee card is $500, so you can be sure that your employees will have the funds they need to get to work. The maximum limit for the entire card facility is $1000. You can make your monthly repayments by paying either 5% of the balance or $30 of it, which ever amount is larger. The fee for the business credit card is $35 per card. You will also be granted up to 40 days of interest free shopping, which can really save your business money on large purchases.
A Business Credit Card from Heritage Bank is the best way to control your business’s spending.
