Some firms may choose to finance business operations by using either personal or corporate credit cards, which can be extraordinarily expensive given the interest rates charged on credit cards and the possibility that the credit card companies may change the credit limit associated with the credit card by a significant amount.

Question

Quizplus · Accepted Answer

Using personal or corporate credit cards to finance business operations can indeed be expensive due to high interest rates and the risk of credit limit changes.

Some Firms May Choose to Finance Business Operations by Using