SMB Growth Report How Firms Use and Choose Credit Cards​

The SMB Credit Race: Gaining Top Position with Strategic Card Programs​

Did you know that over half of SMBs (54%) are on a dual track, using both business and personal credit cards for their operations – a common practice, especially for younger firms and those navigating urban circuits. To seize the pole position, 48% of SMBs point to high credit limits as the winning factor for their top-of-wallet card. This report also highlights that newer SMBs are in the fast lane, utilizing roughly half their available credit, compared to about one-third for more seasoned firms. It's clear: benefits like higher credit limits and industry-specific perks are the fuel driving increased card usage among SMBs.