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Partners in Business tip: Use overdraft protection

Updated Sep 22, 2021
credit card
Careful – limited use of credit cards is best for your credit rating.
The Partners in Business program is sponsored by TBS Factoring.The Partners in Business program is sponsored by TBS Factoring.

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. The program is sponsored by TBS Factoring Service.

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The Business Manual for Owner-Operators
Overdrive editors and ATBS present the industry’s best manual for prospective and committed owner-operators. You’ll find exceptional depth on many issues in the 2022 edition of Partners in Business.
Partners in Business Issue Cover