How to Get Approved for a Business Credit Card (No LLC)

You do not need an LLC, you do not need business revenue, and you do not need an EIN to get approved for a business credit card. In this video, I break down how to use a Chase Ink business credit card to build business credit, even if you have no business revenue, no formal company, and you are applying as a sole proprietor using your Social Security number.

Most people think business credit cards are only for established companies with employees, revenue, payroll, and a business office. But that is not true. If you earn money outside a traditional job, or you intend to earn money through a side hustle, freelancing, reselling, rideshare, content creation, eBay, Etsy, consulting, delivery apps, or any small business activity, you may already qualify as a sole proprietor. That means you may be able to apply for a Chase Ink business card without an LLC, without an EIN, and without business revenue.

This video explains how the Chase Ink application works, how to apply for a business credit card as a sole proprietor, how to use your Social Security number as your tax ID, and how someone with $0 business revenue can still potentially get approved for a Chase Ink Business Unlimited or Chase Ink Business Cash card.

The biggest thing to understand is that Chase looks heavily at your personal credit and personal income when you apply for a Chase business credit card. If your business revenue is $0, you should put $0. Do not make up revenue. Do not inflate numbers. The application allows new businesses and sole proprietors to apply honestly. Your approval is usually supported by your personal credit profile, your total gross income, your credit history, and whether you are under Chase’s 5/24 rule.

In this video, I explain the Chase 5/24 rule and why it is the most important thing to check before applying for a Chase Ink business card. If you have opened 5 or more personal credit cards across any bank in the last 24 months, Chase will usually deny your application. That means before you apply for the Chase Ink Business Unlimited, Chase Ink Business Cash, Chase Ink Business Preferred, or any Chase business card, you need to count your personal credit card approvals from the last 24 months.

The powerful part is that once you are approved for a Chase Ink card, the card typically does not report to your personal credit report. That means your Chase Ink business card can help keep your personal credit utilization clean while you build available business credit separately. This is one of the biggest reasons people use Chase Ink business credit cards for side hustles, small businesses, reselling, content creation, consulting, and business expenses.

This video also explains which Chase Ink card to start with if you have no business revenue. For most people, the Chase Ink Business Unlimited is the simplest option because it has no annual fee and earns 1.5% cash back on every purchase. The Chase Ink Business Cash can also be a strong option because it has no annual fee and earns higher rewards in categories like office supply stores, internet, cable, phone services, gas stations, and restaurants. Both cards can earn Chase Ultimate Rewards points and both can help separate business spending from personal spending.

The goal is not to borrow $30,000. The goal is to build $30,000 in available business credit over time. A Chase Ink card may start with a limit based on your personal credit, income, and overall profile. Then after 6 to 12 months of on-time payments and responsible usage, you may be able to request a credit limit increase. Later, you may be able to add a second Chase Ink card and stack multiple business credit lines together. That is how someone can build toward $30,000 in business credit, even if they started with no business revenue.

This video walks through the Chase Ink application step by step, including what to put for business name, business structure, tax ID, business address, years in business, number of employees, annual business revenue, and total gross income. If you are applying as a sole proprietor, your legal name can be your business name, your Social Security number can be your tax ID, your home address can be your business address, and your revenue should be reported honestly, even if it is $0.

If you are trying to build business credit, get approved for your first business credit card, apply for a Chase Ink card with no revenue, apply for a business credit card without an LLC, apply for a business credit card without an EIN, or understand how Chase business credit cards work, this video gives you the full breakdown.

#BusinessCredit #CreditCards

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