Credit Card Funding for Startups: Does It Work?

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Editor’s note: Lantern by SoFi seeks to provide content that is objective, independent and accurate. Writers are separate from our business operation and do not receive direct compensation from advertisers or partners. Read more about our Editorial Guidelines and How We Make Money.
What Does Credit Card Financing Mean?
Should a Business Owner Consider Using a Personal Credit Card to Fund Their Business?
Pros and Cons of Credit Card Funding
Pros of Credit Card Business Funding
Potential for Rewards
Credit Replenishment
May Be More Affordable Than Some Financing
Cons of Credit Card Business Funding
Can Be Expensive if You Don’t Pay Off Your Balance
May Have Other Fees
May Not Provide Enough Capital
Other Startup Funding Options
Small Business Loans
Business Lines of Credit
Invoice Financing
Equipment Financing
Merchant Cash Advances
The Takeaway
About the Author
Susan Guillory is the president of Egg Marketing, a content marketing firm based in San Diego. She’s written several business books, and has been published on sites including Forbes, AllBusiness, and Cision. She enjoys writing about business and personal credit, financial strategies, loans, and credit cards. Follow her on Twitter @eggmarketing.
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