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Many small business owners rely upon credit card debt for various capital needs, whether to gather funds to establish a business, or to fund working capital and other ongoing needs, once up and running. No doubt many entrepreneurs have dug themselves into inescapable holes by using credit card debt the wrong way, but the reality is, there are times when using credit card debt can be a savvy move, particularly when choosing the right small-business credit card.
In the following video segment, The Motley Fool analysts Michael Douglass and Nathan Hamilton discuss one time when it could be smart for small-business owners to carry cre…
Read the full article at: https://www.fool.com/credit-cards/2017/06/30/1-way-credit-card-debt-can-help-your-small-busines.aspx