American express loans for small business

 

american express loans for small business

American Express offers world-class Charge and Credit Cards, Gift Cards, Rewards, Travel, Personal Savings, Business Services, Insurance and more.

American Express Merchant Financing products are commercial loans , not purchases or discounts of receivables or cash advances. You must repay the loan in full ...

The American Express Company, also known as Amex, is an American multinational financial services corporation headquartered in Manhattan's Three World Financial ...

American express loans for small business

American Express Company (NYSE: AXP) today reported first-quarter net income of $1.4 billion, down 6 percent from $1.5 billion a year ago. Diluted earnings per share was $1.45, down from $1.48 a year ago.

First-quarter consolidated total revenues net of interest expense were $8.1 billion, up 2 percent from $8.0 billion a year ago. FX-adjusted consolidated total revenues increased 4 percent, reflecting a rise in net interest income, Card Member spending and net card fees. 2

Consolidated provisions for losses were $434 million, up 3 percent from $420 million a year ago. The current quarter reflected the accounting for certain cobrand loan portfolios as “held for sale,” where credit costs are now reported in other operating expenses. The increase from last year was also impacted by a smaller reserve release than a year ago.

Consolidated expenses were $5.5 billion, up 5 percent, from $5.2 billion a year ago. The current quarter’s expenses included:

American Express offers world-class Charge and Credit Cards, Gift Cards, Rewards, Travel, Personal Savings, Business Services, Insurance and more.

American Express Merchant Financing products are commercial loans , not purchases or discounts of receivables or cash advances. You must repay the loan in full ...

The American Express Company, also known as Amex, is an American multinational financial services corporation headquartered in Manhattan's Three World Financial ...

Bankrate's 2015 Prepaid Debit Card Survey offers a rundown of the card's many variables, including fees, restrictions and factors that may affect a consumer's decision in choosing a prepaid debit card. The American Express Serve Card has a $1 monthly maintenance fee, but the monthly fee can be avoided.

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