Have you ever wondered how your Bank of America business credit card works? Did you know that each employee has their own line of credit? It’s like a pie that can be sliced into as many pieces as needed, as long as there’s enough to go around.
Separate Lines of Credit for Each Employee
With a Bank of America business credit card, your corporate credit limit is divided into individual lines of credit for each employee. This means that the total balance on all the individual cards must always be less than or equal to the total corporate limit.
Flexibility and Control
As a business owner, you have the flexibility to set the credit line for each employee according to your business needs. Let’s say you have authorized one employee to make a large purchase for a project. At the same time, another employee needs to buy supplies. You receive an alert that your corporate account is nearing its limit. Don’t worry! You can simply call us to increase both your employee’s and corporate credit lines, ensuring you never run out of credit when you need it.
Easy Management with Online Banking
Managing your Business Advantage credit card is simple and convenient. You can easily set credit lines for your employees through Bank of America’s Online Banking platform. This allows you to have full control over your corporate credit and easily adjust it based on your business requirements.
At F4VN, we understand the importance of easy credit management for your business. That’s why we strive to provide you with the tools and flexibility you need to effectively manage your Bank of America business credit card.
So why wait? Visit us at F4VN and discover how you can optimize your business credit today!