Need a quick interest free cash-injection or loan for your business? Use your credit card! What you say? Here's how it works: the billing cycle for most credit cards are from the 27th of the month to the 26th of the following month. If you pay for expenses by using your credit card on the 27th of the month, it will go on the following bill that is payable on the 26th in 2 months time!
Pay the credit card off in full by the due date and you in effect gain a free cash-injection or loan for your business. Further more if the credit card you use is an Air Miles card, the more you spend not only do you save on bank fees, you accumulate air points to use on free overseas travel!!
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