Follow these steps to get started.
American express working capital terms program.
Enrollment in the working capital program is not automatic.
Similarly you could benefit from 5 day payments from your customers.
Approval is conditional on the information american express already has on file about you including but not limited to your credit history.
American express working capital terms can be approved for a line up to 750 000.
American express working capital terms is essentially accounts payable financing so it s only suitable when you need to pay vendor invoices.
However it s an extremely economical source of short term financing with effective aprs of 6 to 12.
Funding payment products.
Business trends and insights from american express delivers insights and inspiration to help you run grow and expand your business.
The pros of american express working capital terms.
Click working capital terms under the header.
If you meet the prerequisites you can enroll one of your businesses in working capital terms through the amex website.
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To enroll in the working capital terms program you must submit an online application which amex claims only takes two minutes to complete.
Go to the american express website and click business in the top navigation bar.
American express is an institution when it comes to business finance.
Their line of business credit cards is world class and their working capital terms offer great benefits to qualifying applicants.
Our working capital solutions are flexible and innovative so your business could hold on to more cash for longer.