Business Credit

Business credit refers to credit facilities or cards issued to companies (rather than individuals) that allow them to make purchases or access short-term funding for operational expenses.

A business credit card enables employees or directors to spend on behalf of the company, with payments consolidated into a single monthly account. The card issuer provides short-term credit, and the company repays the balance — either in full or with interest.

Business credit transactions typically carry higher interchange fees than consumer cards, reflecting increased spend levels and reduced regulatory caps.

Example:

A company uses a Visa Business Credit card to pay £2,000 for travel and supplier costs. The issuer settles the payment with the merchant immediately, and the business repays the balance at month-end.

Used in:

Corporate expense management, supplier payments, working capital optimisation, and business credit profiling.