- The offer is temporarily unavailable
- Turn Your Hobby or Interest into a Business
- Less Than Perfect Credit? No Problem! Easy Approval!
- Perfect for Sole Proprietors & Entrepreneurs
- Reports Monthly to Major Credit Bureaus
- Initial credit limit of $500*
4.5 / 5.0 (23 votes)
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Information - Rates - Fees

Intro APR:
N/A*
Intro Period:
N/A*
APR:
See Terms*
Annual Fee:
See Terms*
Issuer:
Card Network:
Card Category:
Business (Regular)
Card Type:
Card for Bad Credit
Instant Decision
Credit Needed:
Bad Credit OK*
Grace Period:
None*
Late Payment Fee:
See Terms*

Balance Transfers

Balance Transfer:
No

Cash Advances

APR on Cash Advances (%):
See Terms

Other Fees

Additional Fees
- Monthly Maintenance Fee: $9.95 ($119.40 Annually)
- Account Origination Fee: $125 (one-time)
- Foreign Currency Transaction Fee: 3%
- Returned Payment Fee: $38
- Additional Card Fee: $30

CreditCardsLab is compensated by featured partners, but editorial opinions are our own.

Review by

Owning a small business in the US can be very fulfilling but it takes a lot of work, time, and dedication. You have to put up a lot risk, but the Applied Bank® VISA® Business Card (formerly Small Business Micro Loan Visa Card) can help alleviate some of the stress by providing you with a small amount of capital. This could be the difference that your business needs to stay in business.

While it seems like a credit card, this financial product is indeed a loan and as such you need to describe the nature of your business during the application process. Upon approval you will be able to access the loan through a credit account via credit card. Regardless of how you look at it, though, you can use the money to cover any expenses you wish.

Features

Most attractive:
- Micro loan for business
- All businesses accepted
- Bad credit OK
Least attractive:
- Average Daily Balance Method used
- Monthly Maintenance Fee
- Account Origination Fee

Rewards & Benefits

Other Benefits:
*See Terms and Conditions of the card
Online Access:
Yes!

*The information provided for Applied Bank® VISA® Business Card is believed to be accurate at the time of evaluation (Aug 22, 2018). We strongly advise visitors to review the fees, terms and conditions to verify accuracy of the information posted prior to applying for the product.

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