Commercial Card Dilema

grae-uk

Hi All, I am new to the board so i hope this is the right place to post

I run a small business (LTD company) and use a commercial card a vast amount as we order a lot online for clients. It is only me with a card and i keep hitting my limit. I have spoken to the bank (HSBC) and they say i can increase it if i guarentee it myself. That is fine, but they wanna charge me £80 for the priviledge! Which for a small new business it is a lot of cash that i don't wanna part with!

I am wondering if Martin, or anyone on the board knows of a better commercial card? or if there is anything legally wrong with getting a personal card (i.e. one of the cash back ones would be nice) and using that..?

Any thoughts, suggestions or recommendations would be appreciated.

The other issue with the HSBC commercial card, is that..unlike my personal Credit card where i can pay off part of the balance part way through the month if i need to and then the funds are available again..on my commercial card i can't do that. The funds don't become available until the end of the month! Which is not helpful

Thanks in advanced to any replies!

Graham.

grae-uk

Anyone got any thoughts..?