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Servistee and American Express Partners Plus Program Provides Unsecured Line Of Credit

Published November 6th, 2017 by Servistree

Due to the growing difficulty in obtaining traditional business lines of credit from banks, many business owners are turning to credit cards for small businesses as their primary unsecured business lines of credit. Unfortunately, the majority is turning to the wrong sources. They end up putting their personal credit on the line and all their business credit card debts show up on their personal credit reports.

This means that anytime you use your business credit cards, your personal debt/credit ratios are affected. Did you know that drawing a large portion of funds from these types of business credit cards can result in your personal credit scores dropping anywhere from 20-100 points overnight?

Some of the largest financial institutions offering business credit cards report to your personal credit. This negatively impacts your scores.Do your current business credit cards report to your personal credit reports?If so, you should consider obtaining several true business credit cards that do not report. This will shelter your personal credit for personal necessities such as auto loans, mortgages, student loans and personal credit cards.

Unsecured credit lines such as business credit cards have been around for a long time. They are no secret to the wealthy and savvy business owners. When properly structured, they do not report to your personal credit reports. They can be excellent cash flow tools, as the monthly debt service is usually lower than almost any other form of financing. The rates are usually very good, too–usually between 3-7% above prime.

So where can you find business credit cards that do not report to personal credit?
Well, the good news is there are credit cards that only report to the business credit bureaus. The bad news is the credit card issuers for these types of cards do not advertise this fact.

As a valued added service to our existing and prospective clients we are pleased to announce a partnership between American Express Global Corporate Payments and Servistree. This partnership allows us to provide your company an opportunity to better manage your expenses, improve spending control and drive savings for your business.

Program Highlights:

  • No personal guarantee ( Approval Based on Corporate Finances Not Personal Credit )
  • Improve cash flow
  • Provide a $25k+ return with no up-front capital expenditure
  • 1-2% return on operating expenses
  • Streamline A/P processes to reduce costs
  • Manage corporate spending to drive savings
  • Protect against out-of-policy spending
  • Enjoy a best-in-class rewards program
  • Enhance employee security and convenience
  • Reduce impact of NEW 1099 reporting requirements
  • Personal and Local Representative from AMEX to provide service and support

If your business does in excess of 4MM dollars in revenue you qualify for this program and here’s the best part there is NO cost to enroll! Just call us at 866-944-3244 or email for easy enrollment.

Give us a call with any questions about your credit card and payment processing needs at 1-866-944-3244. Or visit our website Keep up with the latest news and information on credit card processing and mobile payments along with other small business news by subscribing to our blog by clicking here.

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