Bento Launches Prepaid Debit Card Offering for Small Businesses
Bento for Business Launches Prepaid Commercial MasterCard Solution Built Specifically for Small Businesses
New Startup Gives Small Business Owners Unprecedented Control Without Requiring Them to Put Their Personal Credit at Risk; Helps Plug Expense ‘Leaks’
SAN FRANCISCO, CA–(Marketwired – Mar 25, 2015) – Bento for Business(www.bentoforbusiness.com), which provides financial solutions that fit small businesses, announced today that it has launched its prepaid commercial MasterCard solution designed for small businesses that depend on employees to purchase supplies or services.
Because most small businesses do not qualify for a traditional business credit card, many owners are forced to either purchase all supplies themselves; or provide employees with personal credit cards, cash, gift cards or signed checks for business expenses. The former option is time consuming for business owners; the latter options involve a high degree of risk and hassle, and make spending very difficult to track and control.
Bento’s solutions are designed to save owners time and help eliminate expense ‘leaks,’ a type of fraud that can cost them up to 5 percent of their revenue each year.
Bento’s first offering, the Bento MasterCard, is a prepaid commercial card solution built exclusively for small businesses, offering real-time spending controls.