Contractor accounts are a type of business account specifically designed for contractors or entrepreneurs who are self-employed. They provide these individuals with access to credit and the ability to pay suppliers without having to dip into their own personal funds. A contractor account also allows them to open multiple lines of credit, giving them more flexibility when it comes to managing their finances. With the right provider, they can also benefit from reduced transaction fees, helping them save time and money. Whether you’re a start-up freelancer or an established business, contractor accounts offer a great way to manage your finances.