There are two ways for a business to get credit cards. One way is for an established business with significant assets to get a credit card in its name standing alone. For new businesses which do not yet have a significant financial history on which to establish a good credit history, the owners of the business may declare in the application that they will guarantee the credit card which is issued in the business' name. It is our position that the primary purpose of a credit card for a Relationship LLC is to assist in record keeping and making sure that financial records of the Relationship LLC are separate from the financial records of the individuals.
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