American Express is expanding its small business lending services. The company said Thursday (Oct. 12) it is rolling out a new suite of small business financing products.
Business Loans, as the services are called, provide small and medium-sized businesses (SMBs) with working capital and short-term financing solutions, American Express said in a press release, enabling small businesses to access up to $50,000. The funding can be used for business expansion or debt consolidation, according to the news piece.
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