When Julius Caesar defeated Pharnaces II of Pontus in the Battle of Zela his entire report back to the Roman senate was “Veni. Vidi. Vici,” translated means “I came. I saw. I conquered.”

If Caesar was alive today he could possibly say “Veni. Vidi. Visa,” or “I came. I saw. I charged it.”

In addition to Visa, he would probably carry a MasterCard and an American Express, although a Discover card might be more appropriate based on his career. If he had any walls or roads to build he could have purchased all his supplies and made payment with his Home Depot or Lowe’s credit card.

Personal credit cards are a way of life now.  Ironically the word “credit” comes from the Latin word "creditus" that means "to trust."  When a bank or lending institution evaluates your credit report and grants you a credit card they trust you to make payments.

The credit card issued is unsecured, meaning you are not putting up any collateral for the loan. A secured loan is a home loan mortgage where the real estate is the collateral or an automobile where the vehicle acts as collateral.

Business credit cards issued by banks or other financial institutions, are becoming the norm for financing business purchases.

An increasing number of small businesses are using the major credit cards such as Visa and MasterCard for daily purchases. They are also utilizing in-house credit cards such as Staples credit cards to purchase office supplies, and the Dell card for computer equipment.

These business credit cards are used in much the same manner as personal credit cards. Companies are finding that it is more convenient to use these cards and make one payment when the statement arrives.

The business credit cards provide an unsecured line of credit and allows the option to finance high cost items over a longer period of time. Unlike a regular loan from a bank or lending institution where the payment is fixed, the company only has to make at least the minimum payment.

As part of our financial services we arrange unsecured lines of credit for small businesses and start ups. One of the biggest features of our program is that the business owner is not liable for the business credit card debt therefore protecting personal assets.