The Advanta Bank Company is best-known for its dedication to small business, offering a variety of credit programs that assist business owners with expense management and other services such as custom check printing, preferred retailer discounts, etc. Advanta credit cards are not without their charms, however; each is designed to cater to a specific need, be it low interest rate balance transfers, extensive rewards programs, or even just a low introductory annual percentage rate on everyday purchases. No matter what the flavor of your business, Advanta is sure to have the perfect credit card offer that matches your needs with their exceptional customer support and superior online services.
Credit cards from Advanta weren’t readily available to the small business community until the late 1980s, but their history of customer service dates back to the company’s inception in 1951 by Jack Alter. Advanta, then called the Teachers Service Organization, began of $30 in seed money and was originally intended to assist teachers with loan products and other credit services. Within just a few short years Advanta began to offer ancillary services and affinity programs to its predominately teacher-based clientele, until the demand became so great that TCO acquired Colonial National Bank in 1982 and began to offer credit programs for all of its members. The Advanta name was adopted in 1988 and was one of the first companies to securitize credit card receivables; this prompted the retooling of their business model in the early 1990s to cater more toward the small business market segment, which is the current form of the company that is in operation today.
