How is the Credit Limit different than a credit card?

At a glance, a Credit Limit may look very similar to a credit card. However, there are a few key differences that make a Credit Limit more attractive to businesses truly looking to scale.  
Credit cards are generally for everyday, run of the mill purchases (internet, supplies, subscriptions, etc.), whereas a Credit Limit is helpful for larger purchases (inventory, warehouse space, etc.).  
Credit cards often have rock-bottom monthly payments, which makes it easier to accrue interest over time and build up a debt balance. Higher credit utilization can affect your credit, making you less attractive to lenders (or even landlords or employers in some industries). 
A Credit Limit is based on your sales performance and company’s credit history (not necessarily a specific person). Payments will go toward building your business credit, establishing you for future lenders and opportunities.  
For more details, check out the table below of a side-by-side comparison between the two options. Credit cards are a great option for newer or smaller businesses. However, it is likely that you will reach a point where you need more capital on hand to reach your brand’s goals.

Below is a table highlighting some differences between each type of credit