Fund Justworks Payroll By Credit Card
Using Credit Cards to Save Money on Business Expenses
Cash Back Rewards
Earn Cash Back: Credit cards like the copyright Spark Card offer 2% unlimited cash back, while the American Express Plum Card offers 1.5% unlimited cash back.
Offset Fees: Using a credit card with cash back can partially offset the 2.90% process fee, reducing the effective cost.
Tax Benefits
Tax-Deductible Fees: The 2.90% process fee can be filed as a tax-deductible business expense, offering some financial relief.
Additional Tax Breaks: Depending on the jurisdiction and tax codes, you may be eligible for additional tax breaks for using credit cards for business expenses.
Cash Flow Management
Cash Float Period: Credit cards often provide a 30 to 45-day payment window, allowing businesses Fund Justworks Payroll By Credit Card to manage their cash flow better.
Utilize Funds: During this period, the funds can be invested in short-term opportunities or other revenue-generating activities.
Floating Revenue from Bank
Float Revenue – Cash Incentive Earnings: The funds in your bank account for 30 to 45 days could earn Cash incentive or be invested in short-term revenue-generating activities.
Capital Utilization: The cash float period allows you to strategically utilize your capital for other pressing needs or investment opportunities.
Detailed Example: copyright Spark Card
Process Fee: 2.90%
Cash Back: 2%
Tax Break: 0.06%
Final Fee: 0.35%
Additional Benefit: 30-45 days of cash flow management and float revenue.
Is Cash Flow Holding Your Business Back?
Cash flow issues can delay your ability to pay employees and keep things running smoothly.
Fund your payroll with a credit card to resolve cash flow problems and ensure timely payments every time.
Boost Your Credit Score While Paying Payroll
Late payroll payments or missed bills can hurt your credit, affecting future opportunities. Fund Justworks Payroll By Credit Card
Use your credit card to fund payroll and build your credit score, all while earning valuable cash-back rewards.
Pay Rent with Your Credit Card – No Hassle
Many landlords avoid accepting credit card payments due to payee charges.
Zil Money Has the Solution – Pay rent using your credit card without payee charges.
The platform will send the payment via ACH, wire, or virtual card, whichever you prefer.
Access Zil Money Anywhere, Anytime
Work from Anywhere– Whether on your laptop, mobile, or tablet, Zil Money is always at your fingertips.
Manage payroll, rent, and more from any device, anytime, with the user-friendly platform. Fund Justworks Payroll By Credit Card