Answered

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A business is receiving five percent cash back on every purchase they make with their business credit card. Which benefit of a favorable credit rating is the business receiving?

A. Access to better products
B. Better credit terms
C. Lower interest rates
D. Shorter repayment periods

Sagot :

GinnyAnsweridn

Final answer:

A favorable credit rating allows businesses to benefit from better credit terms, such as cash back on purchases.


Explanation:

Credit terms are the benefit of a favorable credit rating that the business is receiving. With a good credit rating, businesses have access to better credit terms, which can include perks like cash back on purchases made with a business credit card.


Learn more about Benefits of a favorable credit rating for business

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