Any business, big or small, can be impacted by a capital shortage. This is when a business doesn’t have enough money to cover its expenses. This can happen for various reasons, such as unexpected costs or slow sales. It can be difficult to pay employees, rent, and other bills when this happens. This can lead to the business having to make cuts, impacting operations.
A business credit card can be helpful in these situations. It can provide the business with a line of credit that can be used to cover expenses. This can help to keep the business afloat until sales pick up or other funding is secured.
