Select a secured Visa credit card with an established bank or financial institution

Secured Visa cards are critical to promote financial well being, particularly for small businesses with fewer options. Select a reputable Visa secured card from a bank with a strong history and financial stability.

I recommend: The Wells Fargo Secured Visa Card is an important option for many businesses with no credit or a poor credit history. The Bank of America Secured Visa Credit Card offers similar benefits by another reputable organization.

Choose secured Visa cards from credit unions or other organizations with many service offerings

Credit unions that offer a Visa secured credit card are a wise choice for small businesses that have yet to establish their credit. A Visa secured business credit card is often available, using collateral from an established checking or savings account to support financial growth.

I recommend: Stanford Federal Credit Union Secured Visa offers a low annual percentage rate (APR), and complimentary accidental death and dismemberment insurance coverage. The Teachers Federal Credit Union Secured Visa Card is the optimum choice for educators and businesses seeking to establish strong credit histories. 

Select a secured business Visa credit card from websites with a variety of service offerings

Many websites are available that offer information regarding secured Visa credit cards. Review the options, including annual fees if applicable, annual percentage rates and credit limits.

I recommend: ValuePlus Financial provides summaries of the most popular secured business Visa products. CreditCardFlyers offers secured Visa options for businesses with weak or limited credit.