Here’s a fascinating piece from It’s called How to Apply for a Business Credit Card Without a Personal Guarantee.

It has some interesting insights worth taking note of. Here’s one that we found particularly interesting:

In the world of lending, especially when it comes to obtaining a small business loan, the concept of a personal guarantee is also known as offering “collateral” against the debt an applicant is seeking. When applying for a business credit card, new or small businesses with little to no established credit usually have to offer a personal guarantee, in which an owner, executive, principal or partner in the company promises that they will assume personal liability for the debt if the company itself can no longer cover its payment obligations.

To learn more, take a look at the rest of the article at this link to