?When you're ready to open up your business, or maybe you already have one, I wanted to show you how you can grab a credit card, regardless of a credit score. No matter what score you have, you will most likely be able to get approved.

First off, let me explain to you what a secured business credit card is...

Just like a regular card, this card is one where you're going to have to supply a deposit. This deposit is going to be your credit limit. For example, let's say that you sign up for Credit Card A. They ask for a $250 deposit. You give them the $250, and now you'll only be able to spend $250.

What's the point in this card?

It's going to help you build your credit, and it's also going to be able to allow you to spend again with credit. Now, the catch here is if you don't pay your bills off in time, you're going to find that the bank will be able to dip into your deposit account, and take the money out themselves.

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I would highly recommend card such as the PEX card. I would only refer people with next to no credit, or people with bad credit. If you have a great credit score, you might as well go apply for a better card in my opinion.

Why PEX Card?

• Get money to your staff in less than a minute — PEX allows you to add funds to employee Visa cards in real time.
• You're in control — You will have 24/7 control over how much employees spend and where they can spend the budget you set.
• Improve your cash flow — Save money with no surprise interest charges or overdraft fees -- plus, lower the administrative costs of cash advances and reimbursements.

The PEX Visa® Prepaid Card gives you 24/7 control

1. Access everything about your company's program and cards, plus keep track of the balance in your main account for holding funds.
2. Click individual names to see all transaction detail.
3. Add/remove funds to cards, or suspend card use temporarily.

Features that allow you to maintain direct control over funds:

• Funds are segregated between a corporate holding account and cardholder accounts.
• Real-time electronic card funding.
• Set zero balances or block cards.
• Place daily spending limits on cards.
• Restrict card usage by merchant category.
• Reporting package details spending by cardholder or in aggregate.
• Set funding rules per card.
• Pie charts to illustrate corporate spending.

Simplify how you manage employee purchases:

• Our easy-to-use administrative website lets you control where and how much your employees spend - all managed in real-time.
• Make departmental spending more efficient, accelerate available funds for employees and simplify requisitions.
• Stop acting as the go-between for every purchase with pre-authorized spending profiles.

PEX Card account management is simple and efficient:

• The easy to use administrative tool provides the capability to manage all accounts on-line, in one place, in real-time.
• Cards can be reloaded.
• No transaction fees.
• No deposit fees.
• Cards are personalized with the cardholder's name.
• The funds on deposit are corporate funds - not employee-owned.
• The PEX Card Account is not a bank account, but all funds on deposit are FDIC Insured.
• Each card has an individual balance, so you can keep employees on budget. The corporate balance is displayed separately from cards.
• Funds on deposit belong to your business until cardholders spend or service fees are posted. Funds can be transferred back to the registered business bank account at any time.
• Fees are charged to the PEX Account balance, not to card accounts.
• Cards don't expire until three years after the issue date.

Signup For PEX Card