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Business Credit Card Eligibility
Many people aren’t aware of the fact that they can apply for business
credit cards, even if they are not a corporation or LLC. Why? Because any
individual can be a business as well. The business type is called a sole
proprietorship. Perhaps you sell items on eBay, Craiglist, or Etsy. Maybe
you do some freelancing and/or consulting. You might have gotten a 1099 tax
form and filled out a Schedule C. Boom! You’re a sole proprietorship. This
is the simplest business entity, but it is fully legit and recognized by the
IRS. On a business credit card application, you should use your own legal
name as the business name, and your Social Security Number as the Tax ID.
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