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Corporate Credit Card

Brex, the Corporate Credit Card for the Life Sciences, is designed to empower its life sciences customers to spend less time on end of month closes and more time on life changing R&D. The card offers its customers streamlined reporting functions, rewards and unmatched controls including; no personal guarantee requirements, higher limits than traditional credit cards, instant creation of virtual cards, automatic receipt capture and, tailored rewards such as 3x points multipliers on lab equipment. Points can be redeemed as cash back to pay down statement balance, book travel, or transfer miles to select partner airlines.

Member Benefits:

  • 60,000 point signup bonus ($600 value)
  • Waived card fees for life ($60 p/card p/year)
  • Tailored rewards and points with 3x on lab supplies, 7x on conference registrations, and 4x on travel
  • 5-minute application process (completely online) with instant access to virtual cards
  • No personal guarantee or collateral requirements

Product/Service Overview

CORE PRODUCTS/SERVICES

  1. Brex corporate card for Life Sciences: No personal guarantees, rewards tailored for Life Sciences, seamless integration with accounting systems, higher credit limits than traditional cards, & NO FEES
  2. Brex Cash: Cash management alternative to a bank account
  3. Brex Premium: Automatic bill pay, custom expense policy, streamlined expense reviews, money saving alerts, spend requests

PAIN POINTS / OBSTACLES REMOVED

  1. Personal guarantee No personal guarantee, collateral account or credit check
  2. Limited/Irrelevant rewards Rewards tailored for Life Sciences
  3. Low credit limits Higher credit limits than traditional cards
  4. No or clunky integration with accounting systems
    Seamless integration with QuickBooks, Xero, NetSuite &
    SAP/Concur
  5. Annual, foreign transaction, additional card fees NO
    FEES
  6. Needs for related financial services from multiple
    vendors A business account and credit card to spend
    management software all in one place
Brex VP

Common Customer Scenarios

  • Don’t have a credit card. They are just using a debit card for company expenses and think it’s sufficient
  • Employees all use their personal credit card, submit expense reports and the company reimburses them
  • Have a corporate card but it required a personal guarantee because they have no customers or revenue
  • Have a corporate card but the credit limit is quite low which limits purchases
  • Have a corporate card but the rewards are small and/or not relevant to the company’s larger expense
    categories
  • Spend time at month end scanning receipts, and then manually entering credit card charges and matching receipts into the company’s accounting system

See the Savings!

Want to take advantage of these discounts?

Contact bio@brex.com or 1 (844) 725-9569