For small business owners, finding the right financial tools is critical to achieving sustainable growth. The Capital on Tap Business Visa Card, underwritten by WebBank, is a standout option designed with businesses in mind. Here’s everything you need to know about why this card might be the perfect fit for your business.
Why Choose the Capital on Tap Business Visa Card?
Generous Cashback Rewards Every business appreciates savings, and with this card, you’ll enjoy 1.5% cashback on all purchases. This translates to real money back in your pocket, credited directly to your monthly billing statement—a perk that’s hard to ignore.
Low Time-in-Business Requirement Unlike many business credit options that require two to three years of operation, this card is accessible to newer businesses, requiring only six months in business. For startups and growing companies, this makes it a highly attainable financial resource.
Flexible Revenue Thresholds The minimum revenue requirement to qualify is just $2,500 in monthly transactions through your business checking account. While your revenue influences your credit limit, even businesses with modest cash flow can qualify for limits starting at $10,000. Higher revenues can unlock limits up to $50,000, providing substantial purchasing power.
Soft Credit Pulls Applying for this card won’t affect your credit score. Both your business and personal Experian reports are subjected to a soft pull, ensuring no hard inquiries on your credit history. This feature is especially appealing to entrepreneurs focused on protecting their credit.
Reasonable Credit Score Requirements With a minimum personal credit score requirement of just 600–670, you don’t need perfect credit to qualify. This card opens doors for businesses and owners working to improve their financial standing.
Business-Only Credit Reporting Another significant benefit is that your account activity is reported solely to business credit bureaus. This means your personal credit won’t reflect any debt incurred through this card, safeguarding your personal debt-to-income ratio while helping to build your business credit profile.
How to Apply
- Click the “Go to Application” link below the select “Apply Now”. They will perform a soft pull on your business and personal Experian reports which will not impact your score in any way.
- At the top of the application, there is a toggle button to choose whether your company is a Corporation or LLC.
- Start by entering the requested information about your business inclusive of business name, EIN, years in business, monthly revenue, business revenue, phone number, address, and website, etc.
- For the question “How would you like to pay your Capital on Tap Business Credit Card?” be sure to choose “Minimum amount” to receive the revolving account and have the ability to carry a balance.
- Next enter your personal information inclusive of your title, name, date of birth, phone number, address, and social.
- The final section on the application is setting up your online account. Provide your email and create a password, accept the terms of the application and click “Apply Now”
- The next screen will display your application decision. If approved, you will be taken to the steps you set up your online account and attach your business bank account to set up autopay for your monthly payments. You will also receive a virtual card which you can start using immediately while waiting for your physical cards to come in the mail.
**Note: Number of employees can also be a projection and include all individuals who have a part in running the business. Creditors want to see at least 8-10 employees in this field.
Why This Card Stands Out
The Capital on Tap Business Visa Card is more than just a credit card—it’s a tool to help your business grow. Its accessible requirements, generous cashback rewards, and business-focused reporting make it an excellent option for both new and established companies.
