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Small-business cards are typically designed to meet the needs of small businesses, while corporate credit cards are better suited to the needs of corporates with millions of dollars in annual revenue.
Personal liability. Corporate cards are typically backed by the business, whereas small business cards are much more likely to require a personal guarantee from the cardholder (likely the business ...
It was announced on 29 March 2008 that the GE Capital Bank store cards business and managed credit card business had been acquired by the Santander Group. [56] In 2015, GE sold its mortgage loans in sales to Kensington Mortgage (controlled by Blackstone and TPG ) and to funds managed by Blackstone, TPG and CarVal Investors.
The Best Business Credit Cards. Capital One Spark 1.5% Cash Select: Best for Cashback on Hotels and Rental Cars. Bank of America Business Advantage Rewards Mastercard: Best Paired with BofA ...
General Electric in Schenectady, New York, aerial view, 1896 Plan of Schenectady plant, 1896 [19] General Electric Building at 570 Lexington Avenue, New York. During 1889, Thomas Edison (1847–1931) had business interests in many electricity-related companies, including Edison Lamp Company, a lamp manufacturer in East Newark, New Jersey; Edison Machine Works, a manufacturer of dynamos and ...
In 1999, the company sold this part of its business, including and related assets, focusing instead on the small business market. Advanta's earnings for 2003 were $28.2 million, and it was the third-largest credit card company for small businesses in the United States.
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