RHO Corporate Charge Card

Up to 60 Days Billing Terms

The Rho Corporate Card offers an array of customizations for controlling and managing employee spending and streamlining expense reports. You can earn up to 1.75% cash back, with billing terms up to 60-days.

This corporate charge card's approval requirements are built for companies committed to spending a minimum $5,000 monthly.

Requirements:

  • EIN Number
  • Business bank account
  • Initial deposit of $50k in their business checking OR
  • Commitment to spending in excess $5,000 per month
  • No personal credit check
  • No personal guarantor

Business Credit:

  • No annual fee

Card Issuer: Sterling Bank

To apply CLICK HERE

  • 1

    No Personal Guarantor

    What is a personal guarantee? A personal guarantee is a written promise from a business owner guaranteeing that payment will be made in the event that the business fails to pay.
    Whether the business enters into a lease, applies for a business loan or line of credit, you’ll find that many creditors will require a personal guarantee to secure financing especially if you’re a small business.Corporate charge cards have certain revenue requirements that is large enough and profitable enough that no personal guarantor is required.

  • 2

    Obtaining a Corporate Card

    Obtaining a corporate credit card account for your business will often require a conversation with a corporate account manager. Be prepared to provide data and documents about your company's financials, including revenue statements and bank account information prior to applying.

  • 3

    Waivable Personal Guarantee Requirements

    In some cases, you don't need to meet million dollar+ revenue requirements to obtain a corporate charge card. A small number of charge cards such as the Smart Corporate Card, Brex & Ramp (listed here) have much lower dollar amounts.There are also retail co-branded business credit cards that offer the option to waive the pg requirement such as the Sam Club Business Credit Card.