The Small Business Visa Credit Card You Need to Succeed

Bootstrapping your small business towards long-term financial viability is among the toughest challenges you’ll face as an entrepreneur. You are likely well aware of just how difficult it is to balance expenses with low or unpredictable cash flows while juggling complex cost-tracking and money management issues.

Here we consider the major challenges you may face as an entrepreneur or small business owner looking to scale up. We’ll also explore some benefits for your business of having access to easy financing with Fibre Federal Credit Union’s Small Business Visa® Credit Card.

COMMON FINANCIAL CHALLENGES FOR STARTUPS

Starting your own business gives you the freedom to do things your way, but it comes with some financial challenges. These include:

• Cash flow management: Maintaining a steady cash flow is critical for small businesses. Unexpected expenses and unpredictable income can make it difficult to cover daily operations and plan for the future.
• Expense tracking: Tracking and categorizing your business expenses can seem like a full-time job — especially if you’re paying vendors directly from your account. Invoices can arrive at any time of the month and must be paid on time. Reconciling your expenses also involves valuable time you could spend improving your product or service to grow revenue.
• Securing financing: Many small businesses struggle to secure the financing they need due to limited credit history or stringent lending criteria. Unless you already have an established track record, traditional business loans may be out of reach until you manage to build a stronger business credit profile.

In short, stabilizing cash flow and securing financing are chicken-and-egg problems. You need cash to fund your business so you can grow revenue, and you need some credit to access longer-term financing so your business can scale. In both cases, a dedicated small business credit card can provide stability, flexibility, and a solid financial track record.

FIBRE FEDERAL’S SMALL BUSINESS VISA® CREDIT CARD

Fibre Federal’s Small Business Visa® Credit Card is designed specifically to meet the unique financial challenges faced by many small businesses. With on-tap credit when you need it, secure transactions, and all the tools you need to track your expenses, our card can help your business manage uncertainty and grow sustainably while building your credit.

Benefits & Features

Let’s take a closer look at the specific benefits and features that make Fibre Federal’s Small Business Visa® Credit Card such a powerful tool.

1. Streamlined Expense Management

Our Credit Card helps you keep all your business purchases in one place, not intermingled with personal or other expenses. That makes it easier to monitor and control your business spending and simplifies expense reporting and reconciliation. It also means you can confidently pay bills and invoices and settle your card account when it suits you.

2. Savings and Benefits

Get the financing you need with a non-variable interest rate. Our great annual percentage rates (APRs) allow you to keep costs within limits and pay off your balance when you can. And if you qualify for a Platinum Visa® Credit Card, you’ll also enjoy a very low introductory rate for purchases and balance transfers for the first six billing cycles.

3. Building Business Credit

Your business has a credit history just like you do, and building it up over time is just as important. The revolving credit offered by your Small Business Visa® Credit Card allows your new company to establish the track record you need to access longer-term financing and negotiate competitive rates in the future.

4. Security and Convenience

Security is critical for a growing business with a reputation to build. Clients, customers, and vendors need to know they can pay and will get paid securely. Our Business Credit Cards are backed by Visa’s global payment system with built-in advanced chip technology to prevent fraud.

Our cards also feature contactless payment and Digital Wallet integration to make in-person transactions more convenient, secure, and efficient.

EXPLORING FIBRE CU’S BUSINESS CREDIT CARD OPTIONS

Fibre Federal offers two Business Visa® Credit Card options tailored to the needs of different types of small businesses.

Business Platinum Visa® Credit Card

Our Platinum card features a non-variable lower interest rate, making it ideal for businesses looking to maximize predictability and minimize finance charges. You’ll also benefit from:

• A very low introductory APR for the first six billing cycles, with a great non-variable rate after that
• No annual fee
• No balance transfer fee
• No cash advance fee
• Advanced fraud monitoring with 24/7 support
• Instant issue option for quick access to credit

This is a great card for more established companies seeking higher credit limits and lower rates to manage larger expenses.

Business Classic Visa® Credit Card

A straightforward credit solution designed to help you manage expenses and build your business credit. Our Classic Visa® Credit Card features:

• A great non-variable rate
• No annual fee
• No balance transfer fee
• No cash advance fee
• Advanced fraud monitoring with 24/7 support
• Instant issue option for quick access to credit

This card is ideal for newer businesses or those looking to establish a strong credit profile while enjoying low-cost borrowing.

PERSONALIZED ASSISTANCE FROM FIBRE FEDERAL

Not sure which card is best for your business needs? Fibre Federal can help small business owners choose the card that best fits their specific needs. Whether it’s understanding the benefits of each card or getting assistance with the application process, we’re ready to help you find the perfect financial tools for your business’ success.

FIBRE FCU: GIVING CREDIT TO SMALL BUSINESSES

Ready to take control of your business finances? Empower your business with the financial flexibility and support our members need to thrive. Click below to contact our knowledgeable staff or start your application process.

Request a Small Business Visa

An experienced Commercial loan officer will contact you about your request to discuss the next steps.