Your personal credit standing is always going to be far more important than your business credit standing, even when you apply for a card branded for business use because credit card companies hold business credit card users personally liable for any debt they incur. It is therefore important to maintain a responsible use by paying your debt on time and staying under your credit limit, as this will improve both your personal and business credit scores.
As for your second question, you can open a personal account in your name and use it for business purposes. Personal credit cards are particularly well suited for financing, as they are covered by the CARD Act and thus benefit from its protection against arbitrary interest rate increases on existing balances. With most business credit cards on the other hand, issuers do not have to wait for an account to become 60 days delinquent before increasing the cost of existing balances held on it. That in turn fosters debt instability, which is problematic when you consider that you’ll be held personally liable even for business credit card debt.
With that being said, we still recommend business-branded credit cards for everyday company purchases given their business-specific rewards and accounting features, not to mention the freedom they give you to customize spending limits for employees and then benefit from their spending. You can compare our favorite offers here. Hope this helps.
With regard to a relatively new business or small business, the credit card company will use your personal experience as a major criteria for offering you credit on a business card. In fact, they may ask the business owner to personally guarantee the credit card for it to be issued at all. More directly to your question, if you're not asked to personally guarantee the card, it should have little or no effect on your personal credit score. However, always keep in mind the credit card companies are pretty smart and it is likely that they would look at all scores related to you as an individual before making a credit decision. Hope this helps and good luck
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