Can I give my employees access to a business line of credit controlled by me as the business owner?
If you have a business credit card, you can request additional cards for your employees. Some issuers, such as First Equity, offer these additional employee cards for free! With the First Equity Platinum Visa or MasterCard, you, as the owner of the business, get to decide how much credit to extend to each of your employees since each card has its own credit limit. In your monthly statement, you will also be able to see which purchases were made using each card, so you can make sure your employees are using their cards for business expenses. Even better, as the owner of the business, you receive all rewards points earned from the purchases made by your employees.
First Equity is a leading credit card provider specializing in the provision of bankcards to the nation's small businesses.