Does anyone here have experience with AMEX LOC for businesses. Costco has a tie in with them. You get 1% over prime for a LINE of credit up to 100,0000. Up to 50,000 no financials needed. Robert
i have the business capital line, im not sure if its similar you get a credit card, and checks, no fee's to use either, no grace period at all. mines a crappy 8.5% though. so i dont use it. I got $32K line, not sure if im gonna keep it or not since theres a fee involved (yearly) and i dont really use it but it sure is nice to have in case you need to hide a bit of debt off your reports.
I have AMEX Blue for Biz and started w/ a $3K line - probably because I requested to transfer $3k to take advantage of 0% BT for 9 mos. Probably would have been less otherwise.
