Im a new business owner and have no established credit business or personal. What can I do?

First, you need to establish your personal credit history and only then will you be able to get a card for your business. There are quite a few options that could help you make a start of your personal credit file.

Since you own a business, there should be some payment records in your name and a valid credit score at one of the bureaus. If so, you can try applying for Capital One Standard Platinum which is an average, or limited, credit card. The qualifying requirements are: you've had a credit card or a loan for less than 3 years or you have never had any; you're a young adult working for living with a stable job income; you have no bad payments with any current or previous financial companies.

Or you can choose to apply for Capital One Classic Platinum which has the same requirements. Both the cards offer you platinum benefits and competitive APRs on purchases.

If you do not meet at least one of these requirements, you have more chances to be approved for a secured credit card. Secured Visa® Credit Card of Applied Bank will help you establish credit and build it up in no time if you make payments on time and do not overspend.

Good personal credit history is a requirement with most business card offers. So, find out which of the cards you qualify for and apply online to start building payment records.