Click working capital terms under the header.
American express working capital terms program.
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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.
Give your business the power to grow through effective working capital management.
However it s an extremely economical source of short term financing with effective aprs of 6 to 12.
The pros of american express working capital terms.
Funding payment products.
Enrollment in the working capital program is not automatic.
Business trends and insights from american express delivers insights and inspiration to help you run grow and expand your business.
American express working capital terms is essentially accounts payable financing so it s only suitable when you need to pay vendor invoices.
If you meet the prerequisites you can enroll one of your businesses in working capital terms through the amex website.
This means we pay your suppliers 1 in 5 days and you pay us within 55.
Go to the american express website and click business in the top navigation bar.
Approval is conditional on the information american express already has on file about you including but not limited to your credit history.
Follow these steps to get started.
Similarly you could benefit from 5 day payments from your customers.
Our working capital solutions are flexible and innovative so your business could hold on to more cash for longer.
American express working capital terms can be approved for a line up to 750 000.