 TITLE: How Do Business Credit Card Balance Transfers Work? CONTENT: How Do Balance Transfers Impact Your Credit Score?\n--------------------------------------------------\nA business credit card can have more of an impact on your credit score than a personal credit card. Most business credit card agreements include a personal guarantee, meaning you—not your business—are personally responsible for any charges on the card. (That's one reason credit card issuers generally consider your personal credit score when evaluating your application for a business credit card.)\nPersonal credit cards report to the three major consumer credit reporting agencies—Experian, TransUnion and Equifax. Depending on the card issuer, a business credit card may report to the consumer credit bureaus, the commercial credit bureaus (Experian Business, Dun & Bradstreet and Equifax), or both. (You can find out by asking the credit card issuer before you apply for the card.)\nIn short, the way you use a balance transfer business credit card can help or hurt both your business's credit score and your own. If your business credit score suffers, your business might have a harder time getting favorable terms from new vendors, using credit to pay suppliers or borrowing money from the bank.\nA balance transfer on a business credit card could help improve your credit score by:\n*   Saving money on interest and helping you pay down debt faster\n*   Increasing your available credit\n*   Reducing your credit utilization rate\nA business credit card balance transfer might hurt your credit score by:\n*   Lowering the average age of your credit accounts\n*   Tempting you to accrue more debt\n*   Generating a hard inquiry on your credit report END