Citi® Project Card

Corporate Card Solution for Payment and Management of Project Related Expenses

The Citi® Project Card provides a payment and management tool for project-related expenses.

This card is great for working on discrete projects, managing temporary workers and controlling expenses.

Requirements:

  • Corporation, LLC or LLP
  • Annual company revenue must be $4mm or more
  • No Personal guarantor

To apply CLICK HERE (must complete contact form)

 

  • 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.