Amex business loans have repayment terms of six, 12, 18 and 24 months, and monthly fees only accrue on outstanding balances. Applicants who want flexible borrowing.Because this is lower than some top business lenders, the Amex business line of credit loan may be a good option for business borrowers with a fair FICO score. Amex recommends applicants to have a minimum personal FICO credit score of at least 660 at the time of application to qualify. The American Express® Business Line of Credit is best for: The required FICO score may be higher based on your relationship with American Express, credit history, and other factors. All businesses are unique and are subject to approval and review. Additionally, borrowers must have a personal credit score of at least 660 FICO at the time of application to qualify and must have started your business at least a year ago. American Express Blueprint doesn’t share annual revenue requirements, but there is an average monthly revenue of at least $3,000. There are no application or origination fees, maintenance fees or prepayment penalties. Line-of-credit borrowers are charged a monthly fee that is a percentage of the outstanding balance. Total monthly fees incurred over the loan term range from 3% to 9% for six-month loans, 6% to 18% for 12-month loans, 9% to 27% for 18-month loans and 12% to 18% for 24-month loans. Once approved for a line of credit, borrowers can take out installment loans with repayment terms of six, 12, 18 or 24 months. Here is a list of our partners who offer products that we have affiliate links for.American Express Business Blueprint™ (previously Kabbage) offers the American Express® Business Line of Credit (formerly Kabbage Funding™)-business lines of credit that are available from $2,000 to $250,000. While we work hard to provide accurate and up to date information that we think you will find relevant, Forbes Advisor does not and cannot guarantee that any information provided is complete and makes no representations or warranties in connection thereto, nor to the accuracy or applicability thereof. The compensation we receive from advertisers does not influence the recommendations or advice our editorial team provides in our articles or otherwise impact any of the editorial content on Forbes Advisor. Second, we also include links to advertisers’ offers in some of our articles these “affiliate links” may generate income for our site when you click on them. This site does not include all companies or products available within the market. The compensation we receive for those placements affects how and where advertisers’ offers appear on the site. First, we provide paid placements to advertisers to present their offers. This compensation comes from two main sources. To help support our reporting work, and to continue our ability to provide this content for free to our readers, we receive compensation from the companies that advertise on the Forbes Advisor site. The Forbes Advisor editorial team is independent and objective. If you currently have a PayPal Working Capital loan, you must finish paying it off before you can apply for another loan. To qualify for PayPal Working Capital, you must have at least $15,000 in annual PayPal sales with a regular PayPal Business account or $20,000 in annual PayPal sales with a PayPal Premier account. This may make it easier to qualify for a PayPal Working Capital loan compared to other business loans. While many lenders require that your business has at least six months of history to qualify for a business loan, PayPal only requires that you’ve had a PayPal Business or Premier account open for at least 90 days. There is no personal credit score minimum necessary to qualify. While most business loans will check your personal credit score, PayPal Working Capital does not run a credit check. Meeting the requirements below won’t guarantee approval, but they can help you decide if a business loan is the right fit for you. All lenders have their own unique underwriting requirements, but these typically include information from an applicant’s credit profile and other factors that demonstrate the ability to repay the loan, such as business revenue. Business loan applications are approved or declined based on a number of factors.