The business credit card sector has been very badly affected by the recent economic crisis, just as the other credit card sectors have been. Many of the current card holders received letter and updates from their companies about a rise in interest rates and other fee hikes, along with a reduction in their credit limit. Not good news for many.

A business credit card can be a valuable source of financing. It may well be that they are used to finance suppliers on a monthly basis thus providing an interest free grace period for the card holder of typically around 5 to 6 weeks.

In recent times however, obtaining a business credit card has become more and more difficult. To be accepted, its often the case that your business has to have a very good to exceptional credit history, with no blemishes at all.

Its not easy to pinpoint which are the best business credit card offers because every business may have a different need. Some businesses may benefit more from having an air miles program, while others may require enhanced record keeping or benefits for purchases from certain stores. However, one of the best business credit cards it can be argued, is the American Express Business Gold Card.

The American Express Business Gold Card is not strictly a credit card but rather a charge card. The difference being that with a charge card the balance must be paid off in full at the end of each cycle. For use of this particular card however, there is no annual fee for the first years use and in return for using the card there are reward points on offer, which can be a good enhancement to using the card regularly.

Before you make the application for any business credit card offers try to ensure you are careful to meet the correct procedures. If any previous financial records are required for example, ensure they are clear and honest. The more often you have to make an application for a business credit card, the more your credit score is negatively affected in the process. Good luck!