A List of 7 Things You Can Do With a 10x Credit Card Limit
Let’s face it — most traditional credit card limits can not meet the demands of the construction business.
The Flexbase card is different. Imagine, what could you do right now with 10x your current credit card limit?
Here are 7 things you could be doing if you had the Flexbase card.
#1: Focus on What Matters to You
The flexbase card gives you 60 days to pay, with 0% interest. Forget the inflexible payment structures you may have seen with other cards. With Flexbase, you’ll have more time to focus on what you care about: completing jobs and earning income!
#2: Buy Additional Materials or Software
Never have to worry about nickel and diming every expense for materials. With 10x the credit limit, you can rest assured that you have the budget to invest in new software, better equipment, or other necessary materials.
#3: Take on More Jobs/Clients
With extra funds, you can expand your business and take on more jobs, onboard more clients, and more. Ultimately, when you do those things, you will likely make more money.
#4: Complete Jobs/Projects Faster
You don’t need us to tell you that depleting funds can cause major delays in your projects, which can leave your money circling the drain. Whether you’re a construction company needing to complete a deck-building project or a digital marketing agency needing to hire freelancers on Upwork, you’ll be able to get the job done faster. With accessible capital, you can complete jobs faster — and put more money into your pockets.
#5: Spend More Money on Facebook Ads and Marketing Materials
You probably haven’t thought of using your credit card to fund marketing because you have never had enough capital to go around in the first place. With 10x the credit limit, you can allocate some of your budget to Facebook ads and marketing campaigns to drive engaged leads.
#6: Make Equipment Repairs
While equipment repairs are inevitable, you may find a tiny piece of your soul dying when you have to use your already small credit limit on equipment maintenance. Whether you need to fix a laptop or a truck, you’ll have access to more credit to get items repaired. With 10x the credit limit, you can rest easy knowing that equipment repairs can comfortably fit into your budget.
#7: Improve Your Credit Score
Yes, you read that right. Having a higher credit limit can improve your credit score.
Why? Three words: Lower credit utilization. Allow us to explain.
If you have a credit limit of $2,000, and you are spending $1,800 each month, you’re utilizing 90% of your available credit. With 10x the higher credit limit, you not only have more spending power but can lower your credit ratio if you aren’t maxing out every month.
