It is possible to obtain a business credit card with no personal guarantee. A personal guarantee from the business is simply the social security card of the owner. Providing a social security number ensures that the credit card company is protected in case the business goes under or if the payments aren’t made.
Business Credit Card
In order to obtain a business credit card with no guarantee you must be a business that is established. If your business has a good history, there is a chance that you will be able to get a credit card with no personal guarantee.
Dun & Bradstreet
A business has a credit report that is a lot like a personal credit report. If you have a good score with the credit company Dun & Bradstreet, then you are more than likely going to be able to get your credit card with no personal guarantee.
Who Does This?
American Express as well as Bank of America offer corporate cards with no personal guarantee required. However, this card is only offered to established businesses that have a good rapport with Dun & Bradstreet as well as Experian. They also must be able to give an EIN number.