American Express has launched a Flexible Payment Option for new Business Platinum and Gold Cardmembers, allowing them to manage cash flow by either paying their statement balance in full or over time with interest. This feature provides an instant line of credit, aiming to reduce the need for personal savings or separate loans for small business owners. A survey by American Express indicated that cash flow management and repayment flexibility are top priorities for UK SMEs.
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AMEX Flexible Payment Option Targets Business Cash Flows
American Express has launched a Flexible Payment Option for new Business Platinum and Gold Cardmembers, allowing them to manage cash flow by either paying their statement balance in full or over time with interest. This feature provides an instant line of credit, aiming to reduce the need for personal savings or separate loans for small business owners. A survey by American Express indicated that cash flow management and repayment flexibility are top priorities for UK SMEs.