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1. American Express® Merchant Financing loans are commercial loans. The loans are secured by business assets, excluding real property and motor vehicles. Merchant Financing is not a purchase/discounting of receivables or a cash advance. To be eligible for a Merchant Financing loan, your business must accept the American Express Card and satisfy other eligibility requirements.

A business can have only one Merchant Financing loan at a time. Not all industries are eligible for a Merchant Financing loan. For loans of $35,000 or less, a personal guaranty may be required. After you submit an application for a loan, and if approved, we will tell you how much your business can borrow, the fee for the loan and the repayment method, which will each be determined based on the creditworthiness of you and/or your business and other factors.

If approved for a loan, funds will be disbursed to the business bank account in which your business receives settlements for credit and debit card transactions. Repayment options may include automatic debits via ACH every business day in a fixed amount from your business bank account or a daily withholding of a percentage of your business' credit and debit card receivables.

To remain in good standing, your business must continue accepting the American Express Card during the term of the loan, meet minimum repayment obligations, and satisfy other criteria contained in your loan agreement.

Late fees and fees for insufficient funds may be assessed. Early repayment rebates of either 25% or 10% of the fee for the loan are contingent on there being no default and the date of the early repayment, which varies by repayment term.

I also acknowledge that even if I receive an indication that I am likely to be approved for a particular credit card product and I apply for that product, there is no guarantee that I will be approved by the credit card issuer or that a card will be issued to me.

When my personal identifying information is provided by NerdWallet to a credit card issuer, I understand that my consumer report records may indicate that a credit card issuer has made a credit inquiry about me. I understand that NerdWallet will not be able to tell me why I did or did not appear to qualify for any particular credit card product.

When my personal identifying information is provided by NerdWallet to a participating credit card issuer, I understand that my consumer report records will indicate that the credit card issuer has made a promotional inquiry about me.

By clicking "Find My Offers," I authorize NerdWallet to communicate the personal identifying information I have provided to American Express and to a consumer reporting agency. I authorize American Express and the consumer reporting agency that receives my personal identifying information from NerdWallet to determine if there are any previously matched Card offers available for me without pulling a new credit report, and if no offers are available, I authorize American Express to pull a new credit report to determine if any card offers are available for me based on credit criteria established by American Express. American Express may use recent consumer report information about me to make this determination.

2. A fixed fee, which is a percentage of your loan amount, will apply. Fixed fees vary by customer and are based on the creditworthiness of you and/or your business and other factors including your processing arrangements, referral source, and term. Fixed fees range from 1.75-7% (6‑Month Term), 3.5-14% (12‑Month Term), and 7-28% (24‑Month Term).

I understand that this is not an application for credit and that, if I wish to apply for a credit card with any participating credit card issuer, I will need to click through and make application directly with that issuer.

Pay off your loan early and you may be eligible to save up to 25% on the loan's fixed fee. If eligible, you may apply for additional funds.

Talk to one of our Specialists at 1-855-298-1209 or apply online. We'll discuss your terms, review your information and follow up with a decision.

If you're approved, your loan is deposited directly into your business bank account in one lump sum. Then automatic repayment begins.