Partners in Business tip: Use overdraft protection

Overdrive Staff
Nov 20, 2020
Careful – limited use of credit cards is best for your credit rating.
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.

Click here to see more Partners in Business tips.

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