An American Express® Business Loan can help you consolidate your higher-interest business card debt at a lower fixed interest rate with no origination fees or pre-payment penalties—so you can save.
Lock in a competitive fixed interest rate on a loan of up to $50,000. With this loan, you could consolidate balances on up to four business cards into fixed monthly payments over one of three repayment periods.†
†Consolidating multiple business card balances into a single monthly payment may not reduce or pay off your debt sooner in all cases. If the monthly payment on your American Express Business Loan is lower than the combined minimum due on the cards you are consolidating, it may be due to a lower interest rate on your loan, a longer loan period, or a combination of both. American Express Business Loans can be used to consolidate business cards only at eligible U.S. banks (American Express Cards excluded).
Here’s an illustrative example of potential savings, assuming a $26,000 debt balance in both cases and the APRs and monthly payments shown below.
American Express® Business Loans can help you turn your business goals into reality.
Log in to your American Express online account to see your pre-approved loan amount and APR. Then apply for your loan at your pre-approved rate.
To apply, tell us how much you want to borrow for each credit card you want to pay with your loan and choose one of three repayment periods that best meets your needs. Then see what your monthly payment could be.
If you're approved, review the terms of your loan and, if you accept, we will distribute your loan funds to the credit cards you select in your application.