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American Express SimplyCash(SM) Business Credit Card Reviewed

There is no limit to the cash back you can earn with the American Express SimplyCash Business Credit Card. You get Cash back is automatically credited to the statement each month and you can get Fee-free employee additional cards at no cost. It has never been so easy to earn cash back on the business purchases you make when you use the American Express SimplyCash(SM) Business Credit Card.

You also get access to the services of OPEN® the small business team at American Express. This service is all about small business as it provides you the resources to help you run your business, including these perks and services:

Financing Get unlimited fee-free Additional Cards, 0% APR on purchases for the first 12 months, and pay no annual fee.

OPEN Savings® Ongoing savings with FedEx, Delta®, Hertz®, Hyatt Hotels and Resorts® and more just by using your Business Card. The savings will automatically appear on your statement, and the savings are in addition to other discounts your business may already receive.

Online management Manage your account with Summary of Accounts and track charges with Expense Management Reports.

Community Chat, pose questions, get insights from other small business owners, and attract new business.

Advice Ask an expert a question, use an online tool, and read articles by other business owners.

Do also note that when you use the OPEN Savings® scheme that is associated with this card that payments must be made with an American Express® Business Card at the time of purchase. If you are a cardholder, your savings will be credited to your SimplyCash Business Credit Card from American Express billing statement. It is important to also remember that all savings referenced are in addition to any offers made by participating companies. Participation and offers are subject to change without notice in regards to these conditions as it is with just about any other business credit card as well, so be certain that you have read and understood the latest terms and conditions before applying for this card if you wish to do so.

Also it must be noted that the Simply Cash Business Credit Card from American Express comes with the very best Card protection and services to make it easier for business minded folks to concentrate on running their business. Never no need to worry about fraudulent charges on your account online or in the brick and mortar world.

The insurance protection plan that comes with the SimplyCash Business Credit Card from American Express covers your eligible purchases and there is a buyer’s assurance plan featured with the card as well. You can also enjoy emergency services to help you with emergency card replacement, check-cashing, and hotel check-in if desired. You also get great customer service that provides help 24 hours a day, 7 days a week with the SimplyCash Business Credit Card from American Express.

So if you are looking for a great credit card featuring a great rewards scheme and other useful benefits from the Small Business Team at American Express; the SimplyCash(SM) Business Credit Card might be the right choice for you.

How to apply for commercial loan funding

Clients seeking commercial finance loans need to remember that first impressions count – and their initial standard of presentation and communication will indicate to a potential investor whether they have a serious proposal or are just “tyre kickers”, according to Ms Helen Bassett of commercialfundstogo.com

“Too often clients just visit a website, give it a quick glance over then fire off an email to the investment group asking broad questions, or requesting a loan without providing full details,” Ms Bassett said.

“Quite frankly, this is not good enough, particularly when the client is seeking upwards of $50 million for a commercial property project.

“Clients need to keep in mind that potential private investors are already successful business people – they understand the commercial market and they have very sound investment judgment.”

Ms Bassett said clients should initially read the web details carefully, download any lending guidelines and read them carefully, then prepare the required information and forward it as requested.

The first step in making a commercial funding request usually requires the client to complete a project profile online and attach an executive summary. There will then be specific submission instructions, which vary according to the type of loan.

She said the main reason for this structured approach was to minimize the decision making process.

Once the initial information is received, it is assessed and matched with a specific private investor, then discussions are held with the client. The next step is to arrange a face-to-face with the investor so the client can present their proposal.

A decision is often made within a few days after this meeting, thus a client can expect to obtain finance in anything from 20 to 90 days of the initial approach, depending on the type of project and finance.

By having the requested information readily available, the client is not only helping to speed up the application process, but is demonstrating to the investor they are serious professionals who are truly committed to their project.

The real benefit of private commercial programs is that they are more flexible than conventional banks and personal or business credit are not primary factors.

It means deals which make sense get done without red tape, last minute hold outs and lender hoops to jump through. Typically, there are no property restrictions and conforming transactions are also highly competitive as investors are eager to fund solid deals.