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American Express has expanded its working capital (AXP, COST)

This story was delivered to BI Intelligence "Payments Briefing" subscribers. To learn more and subscribe, please click here. American Express will partner with Intuit in order to provide customers of invoicing platform QuickBooks with access to working capital loans as part of its Working Capital Terms program. Financing, which is open to Amex OPEN business cardholders that also use QuickBooks, will be targeted to help merchants with accounts payable bills.
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