Funding option
Turn strong credit into business buying power.
Explore a strategy that may use qualifying business credit cards with introductory 0% APR offers.
0% is introductory, not permanent. Bank approval is required.
Terms card
0% intro APR business credit
What it is
Business credit cards issued by banks, some of which offer no interest for a set introductory period.
What it costs
No interest during the introductory period on qualifying balances. When it ends, the issuer's standard APR applies to whatever is left. Cards may also carry annual fees, balance transfer fees, and cash advance fees, each priced differently. Soho's own fee is separate and is paid by you: a percentage of the amount actually funded, between 3% and 15% depending on the product, given to you in writing before you agree to anything.
What decides it
Mainly your personal credit profile: score, utilisation, payment history, and how many accounts you have opened recently.
Who approves it
Each card issuer, separately. Every application is its own decision, and so is every credit limit.
When it's the wrong tool
- You are already carrying heavy revolving debt.
- You do not have a plan to clear the balance before the promotional period ends.
- You are covering ongoing losses rather than a defined expense.
- You are about to apply for a mortgage.
- You are expecting a specific amount to be promised in advance.
How it works
Some banks offer business credit cards with a 0% introductory APR. A funding strategy may involve applying for more than one suitable card.
Each bank makes its own approval and credit limit decision. The introductory period eventually ends. Any balance remaining after it ends may become subject to the issuer's standard APR.
Who this may fit
- Business owners with strong personal credit.
- Startups or established businesses that cannot yet qualify for a traditional business line.
- Owners funding a defined business expense.
- Borrowers with a clear plan to manage or repay balances before promotional periods end.
Who should think twice
- You are already carrying heavy revolving debt, so adding more revolving credit may make the monthly picture harder, not easier.
- You do not have a plan to clear the balance before the promotional period ends, and any balance left after that may be charged at the issuer's standard APR.
- You are covering ongoing losses rather than a defined expense, which usually delays a problem instead of solving it.
- You are about to apply for a mortgage, and new accounts and inquiries can affect how a mortgage lender reads your credit.
- You are expecting a promised total, which no one can give you before each issuer makes its own decision.
What providers review
- Your personal credit score and credit history.
- How much of your available credit you are already using.
- Your payment history, including any late payments.
- How many accounts you have opened recently.
- Details about your business, such as its structure and how long it has existed.
What each issuer requires varies. We do not publish requirement figures we cannot stand behind.
Questions people ask
- Will I get one card or several?
- That depends on which cards you apply for and what each issuer decides. A strategy may involve more than one card, but each application is a separate decision.
- Will there be hard inquiries?
- A full credit card application normally involves a credit inquiry by the issuer. We will tell you exactly when a credit check happens, and whether it is a soft check or a hard one, before anything is submitted.
- Will the cards appear on my personal credit?
- Issuers differ. Some business cards report to personal credit reports, some report only in certain situations, and some do not. Ask the issuer for its reporting policy before you accept a card.
- What happens after the 0% period?
- The introductory period ends on a date set by the issuer. After that, the issuer's standard APR applies to any balance that is left, along with any fees in the card agreement.
- What happens if I am denied?
- A denial is the issuer's decision. The issuer must tell you the main reasons. You can review those reasons, and we can talk about whether a different funding path fits your situation better.
- What does Soho charge?
- Soho Wealth Group is paid by the client, not by the bank or funding provider. The fee is a percentage of the amount actually funded — between 3% and 15%, depending on which product is used. The exact percentage for your situation is given to you in writing before you agree to anything.
- Does Soho guarantee a funding amount?
- No. Every card issuer sets its own approval and its own limit. Anyone who promises you a specific total before those decisions are made is guessing.
- What does "card stacking" mean?
- Card stacking is an industry term for using several credit card accounts together to create a larger total amount of available credit. Each account still has its own limit, terms, issuer rules, and payment requirements. It is not a special product and it is not a shortcut around underwriting.
See if this strategy may fit.
Share a few details and we will talk through whether this path makes sense for your situation. No pressure, and nothing is submitted without your say-so.
See if this strategy may fit.Compare other funding paths.
This may not be the right tool for you. Put all four funding paths side by side and compare what each one is, what it costs, and who decides.
Compare other funding paths.