By Adam Jusko, ProudMoney.com, firstname.lastname@example.org
The Brex Visa Corporate Card is a card that aims to give startup companies fast access to credit without the need for a personal guarantee from a company founder or top executive. Many small business credit cards do require such a personal guarantee, so the Brex Visa could be attractive to startup businesses.
Seems To Target Mostly Tech Startups
However, Brex seems to mainly be targeting tech startups that have good-sized investments from venture capitalists or other deep-pocketed backers, meaning their ideal customer probably has a good cash position even if the company as a whole doesn’t have a credit history for Brex to consider. In other words, they’re probably not going to approve a local startup restaurant owner in Minnesota. (Or wherever outside of Silicon Valley.)