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For many small business owners, the line between business and personal is often blurry. Corporations and limited liability (LLC) companies protect business owners from lawsuits, but those protections can be watered down when using personal credit cards for business expenses, and vice versa.
It is possible to use a personal credit card when paying for business expenses. It happens on a regular basis. Retailers and vendors do not check your credit card to ensure that you are using the right type of credit card for your purchase. They just want to see that your payment is approved.
Banks also do not normally review your transaction history to determine what type of purchases you are making. However, if your…
