Business loan calculator

Enter a loan amount to explore example monthly payments and fees for installment loans from an American Express^® Business Line of Credit¹.

Give the business loan calculator a try

Flexible access to funds from Business Line of Credit could help keep your business on track.

Select loan amount

If your Business Line of Credit application is approved, your actual available loan amounts, term lengths, and fee rates will be determined by American Express and provided to you.

American Express® Business Line of Credit offers line sizes from $2,000 to $250,000. Initial line sizes above $150,000 are only available to select borrowers who have a pre-existing American Express relationship and meet other criteria.

Yes, Business Line of Credit gives you the flexibility to repay loans early. If you repay an installment loan in full early, you won’t be charged monthly loan fees for the remaining loan term.

For installment loans with a monthly payment structure, loan fees (higher in the first months of the loan term and lower in the final months) are only charged during the months there's an outstanding balance.

Yes. With Business Line of Credit, you can take multiple loans (or draws) from your line up to your maximum approved line size – without having to reapply each time you take a loan.

Select loan term For illustrative purposes only

Repayment schedule

Month	Principal	4.5% Fee	Total due

Repayment schedule

Month	Principal	9% Fee	Total due

18 months

Only select customers with a pre-existing relationship with American Express will be considered for this loan term at this time. If this changes, more information will be available.

24 months

Only select customers with a pre-existing relationship with American Express will be considered for this loan term at this time. If this changes, more information will be available.

Yes. Business Line of Credit gives you the flexibility to repay loans early. There are no pre-payment penalties. For loans with a monthly payment structure, you’ll only be charged the loan fees during the months you have an outstanding balance.

For loans with a monthly payment structure, loan fees are only charged during the months there’s an outstanding balance. Use what you need when you need it and only pay loan fees on the amount you use.

Yes. With Business Line of Credit, you can take multiple loans(or draws) from your line up to your maximum approved line size – without having to reapply each time you take a loan.

Apply now

Loan calculator is for illustrative purposes only. Not all customers will be eligible for all loan amounts, term lengths, and fee rates or approved for a Business Line of Credit. If you are approved for a Business Line of Credit, your credit line amount, available loan amounts, term lengths, and fee rates will be based on the overall financial profile of you and your business, including history with American Express and other financial institutions, credit history, and other factors.

FAQs

An American Express^® Business Line of Credit is a line of credit extended to a business which has first applied and been approved. Once approved, the business is assigned a specific line amount which is subject to change. The business has flexible access to the funds and can draw (“take a loan”) from the line as often as needed up to the available line amount. Each draw is a separate installment loan. The borrower is required to make monthly payments, each of which includes a loan fee. After the borrower repays an outstanding balance, the borrower may see the line replenish, subject to ongoing review of the overall financial profile of the borrower and the borrower’s business, including history with American Express and other financial institutions, credit history, and other factors.

Your American Express^® Business Line of Credit is the total amount of funding available to your business upon approval. This is also the maximum amount you can borrow at any one time, and this amount can increase or decrease, depending on account status, account utilization, and business performance. A loan is the specific amount of funds you draw from that line of credit at any given time. Every time you draw from your line of credit, a separate installment loan is issued to your business. For example, you may be approved for a $75,000 line of credit but choose to draw several loans of $10,000 each as your business needs funds. Each $10,000 loan will have a separate loan agreement. You only pay fees on the loan amount, not for the full line of credit.

To determine the amount of your line of credit, we review information about you and your business through data sources such as your business’ bank account(s), your prior credit, and your repayment history, including additional information from your consumer credit report and your company's commercial credit report. To determine the financial performance of your business, we analyze your average monthly revenue, time in business, and transaction volume, among other metrics. It is important to note that lines of credit are subject to ongoing review and may change or be suspended, accompanied with or without an account closure.

For the American Express® Business Line of Credit: the fee will be higher in the first months of the loan term and lower in the final months.

6 month loan term: Fee is higher in the first two months and lower in the final four months.
12 month loan term: Fee is higher in the first six months and lower in the final six months.
18 month loan term: Fee is higher in the first nine months and lower in the final nine months.
24 month loan term: Fee is higher in the first twelve months and lower in the final twelve months.