Most small-business credit card lenders will tell you it's not the size of your business that counts when they consider you for credit. "Size is not the issue," says Berger. "Over half of our corporate card users have only two or three employees. The issue is payment history. We look at the owner's personal and business credit history."
Defaults on payments, serious delinquencies, and any unresolved judgments or other derogatory information will seriously hamper a small-business owner's ability to get credit.
"Although we require that a company has been in business for about three years, the key thing we look for is a good credit record," agrees Chanaud. "We look most closely at the principal owner's credit history."