For management, a business credit card will give you more information so you can analyze way your company spends money, help with budgeting, help identify savings opportunities, and even negotiate better rates with your suppliers, while helping you enforce your business outgoing funds and your preferred supplier policies.

There are many ways in which a business credit card holder can use their credit card. For traveling, a business credit card can be used at hotels, restaurants, car rental agencies, train stations, airlines, travel agency charges, foreign currency and travelers checks. For driving, a business credit card can be used for fuel, servicing, repairs, congestion charges and fines. For telephony a business credit card can be used for mobile phones, and business telephone bills and calling cards. Around office a business credit card can be used to purchase stationary and office supplies, including office or business equipment. Retail business purchases can also be made with a business credit including not only local retail stores, but also mail order, telephone and internet purchases. You can even receive cash withdraws through your bank or ATM machine if authorized by company.

Until just several years ago, individuals in situations laid out about above were facing a monopoly, a market situation in which a seller can only sell to one buyer. Imagine if a homeowner, after living in home for many years, was told that instead of being permitted to sell home to any willing buyer, he or she could only sell it back to original builder at price determined by builder. Clearly, no one would tolerate such a situation for homeowners, but it has existed for life insurance policy owners. For many years, policy owners have had only one buyer for their policies — life insurers. The advent of a secondary market has lessened monopoly power of life insurers and created a free market for policy owners to create value from and using their insurance.

Before advent of secondary market, life insurance policies could not readily be sold, and it would have made little sense to speak of a policy’s fair market value. By its very existence, this new and growing secondary market for life insurance bestows on every policy a fair market value like owner’s other financial assets. A life settlement can now be treated like any other financial vehicle.

Peachtree Life Settlement Funders Life Settlement Experts