Running a small business, even if that business is just you acting as a freelancer, isn’t easy, especially when you’re just starting out. It takes capital for initial expenditures like office space, utilities, equipment, advertising, and office supplies.

Of course there are a number of business items you can get for free, like business cards, websites, and even free business phone numbers and services. But in general, you’re going to have to pay out for some serious business necessities.

You can pay for these things in several different ways, the top three choices being, cash you have on hand, a line of credit you’ve already established with a small business friendly bank, or you can use a credit card that is solely dedicated to your business.…

Once a business is up and running, it is much easier for it to be approved for a business line of credit, compared to the process of getting a personal line of credit. According to reports, approximately 65% of SMBs utilize credit cards, and this number is increasing all the time. By using business credit facilities, a small business owner can preserve cash reserves, while acquiring the necessary supplies, equipment, office space and other assets to run the business optimally.

A caveat is in order: personal credit cards and business credit cards should be separated at all times. The difference between personal and business credit cards is stark.…