Partners in Business tip: Use overdraft protection

Updated May 18, 2022
credit card
Careful – limited use of credit cards is best for your credit rating.

Find out what your bank offers for this service, which automatically draws from your savings account or credit card account to cover a bad check. The credit card option isn’t favorable for an undisciplined operator, but if the card balance is paid off quickly, any interest charges will be a lot less costly than bouncing a check.

The Partners in Business program is produced by Overdrive and the consultants at ATBS, the nation’s largest owner-operator business services firm. Download the comprehensive "Partners in Business" owner-operator business manual, covering topics from start-up to expansion with multiple trucks. There, find much more information about the ins and outs of safety, maintenance and business processes, among a myriad other topics. 

Click here to see more quick-hit Partners in Business tips.

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