What Your Mama Never Told You About Business Credit Cards Written by Bidhi mathur
You may have watched your mama use a credit card many times at grocery store, at mall, or paying for gas at local convenient store. But, did she ever explain to you difference between a personal credit card and a business credit card or anything at all about a business credit card?To begin with, you can use your business credit for any business purchase that accepts credit cards just like a personal credit card. So, they are same in way that you can purchase items. But, a business credit card is issued based on company’s credit rating instead of your own personal credit rating. Business credit cards also have different spending controls such as restricting usage for different types of trade categories or even cash withdraws from an ATM machine. A business credit card also comes with management information and reporting services to help you run your business effectively and also know where money is being spent. Many business credit cards also have some other great features that personal credit cards holders do not get benefit of which includes insurance and discounts that are relevant to your business. There are also more benefits when using a business credit card that a personal credit card does not give to their bearers. They not only benefit company itself, but also card holder. These benefits include, a business credit card is safer to carry than cash, are cheaper than making bank transfers or sending checks, allows company to control spending of each cardholder, and can also consolidate payments. When you think of these benefits, you will realize that a business credit card can save your company money and give your employees that need money to function better in their roles as partners, sales persons or just spokes persons for your company.
| | Life Settlement :Towards A Free Market for Life InsuranceWritten by Jon Thomas
The Life Settlement market is all about providing due access to needed cash from existing life insurance.This so-called free market referred to as life insurance industry’s secondary market is based on a central premise, namely that value of life insurance is best determined by independent market forces and has been validated in recent years by its rapid growth. It is also amazing to see value creation and opportunities that this market presents. What it a life settlement and why may it be an attractive financial alternative to policy holders? Various market providers in this sector of industry are focused on servicing viatical settlements, life settlements, and senior settlements. Maximizing profitable offering price for your life insurance policy in what is commonly referred to secondary market for life insurance. Quite innovative, albeit counter-intuitive, advocating looking at things from a totally different perspective and finding new value in life insurance Life insurance provides financial solutions to meet various needs of businesses and families. Over time, however it also needs to be dynamic and change with holders and the/their demands. For example as loans are repaid , key executives retire, estates become smaller, businesses are sold, estate taxes are reduced — or better yet, no longer exist of in cases where policy simply becomes too expensive it is definitely time to revisit said policy.
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