About Advanta

Advanta is a company designed to help small businesses to access the funds they need to grow. The company is well known for their small business lines of credit, offering help to those businesses just starting out and those well founded. The company's credit lines are extensive, giving each credit users a number of options to consider when borrowing.

Advanta Advanta Business credit cards are perfect for small businesses. Advanta offers 0% intro APR with unlimited rewards.

Advanta was founded in 1951. This large and flourishing credit card company started with just $30 in seed money at that time. As a small business itself, it kept the goal of helping would be small business owners to grow their company by giving them to credit advantage they needed. Soon, the company would become one of the United State's largest small business credit line lends. The company is now run through Advanta Bank Corporation.

Throughout the company's history, amazing things have happened, including many innovative changes. Mr. Jack Alter first established the company by starting a Teachers Service Organization (TSO). The goal of the organization was to help provide small loans to teachers. Teachers in those times were not often approved for standard bank loans. The TSO later provided credit life insurance to customers and added other ancillary services over its years. In the 1980's, the company endorsed affinity programs designed for nurses and court reporters. In 1995, Advanta was ranked number 13 in the America's Best 100 Growth Companies by Financial World.

The company made a specific turn in 2001 when it began to focus on just credit cards for the small business sector and other professionals. This change in direction helped the company focus in on an area in the credit market often over looked and under provided for. In the years following, the company earned various awards and stamps of approval from companies like Smart Money, Forbes.com and BusinessWeek.com. Kiplinger's Personal Finance featured Advanta as a leading company in 2006.

Today, Advanta is well respected in the industry. The company's focus on the credit needs of small business has helped thousands of companies have access to the credit they need to start businesses, to purchase inventory, to pay employees, to grow and to provide jobs to the community. Realizing that small businesses are often the backbone of the economy, Advanta offers various types of credit lines to consumers. These include low rate, larger lines of credit, and various options for those less qualified for credit lines. The company's dedication to small business is a model for other companies.

Write to Sandy Burke at sandy@creditdonkey.com