Merchant Financing by American Express

Merchant Financing by American Express

Financing made simple. Because running a business isn’t. Apply to get a fixed fee business loan between $5,000 and $2,000,000, offered exclusively to businesses that accept American Express® Cards. Always know how much you’re paying. Get your cash and get back to business. Terms apply.

7/10

Cost
40% Complete
Low High
Effort to Apply
30% Complete
Easy Difficult
Funding Speed
10% Complete
Minutes Months
Repayment Terms
60% Complete
Months Years

Bottom Line

Fees vary based on duration of payback and amount financed, but this can be a much cheaper alternative to traditional merchant cash advances.

Pros

Repay automatically from your receivables or business bank account. Qualified merchants benefit from a flat fixed fee and early repayment discounts.

Cons

Daily payments. Must be an American Express® Card-accepting business.

Qualification Requirements

Time in Business

At least 2 years

Annual Revenue

At least $50,000

Other Requirements

Must be an American Express® Card-accepting business. Businesses must also have a minimum of $12,000 in annual credit and debit receivables. Loans below $35,000 must have a personal guarantee.

Cost
Fees vary from 3% - 28% of total financed amount
Repayment Terms
Daily payments for 6 - 24 months
Funding Amount
$5,000 - $2,000,000
Origination Fee
None
Funding Speed
As fast as next business day

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