For that reason, the financing tool is better suited to established businesses than to startups. To qualify for American Express Business Line of Credit, a business must have started your business at least a year ago. Borrowers can take out more than one loan against their line of credit at a time, but not all borrowers qualify for all three of the repayment term offerings.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. 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. Once approved for a line of credit, borrowers can take out installment loans with repayment terms of six, 12, 18 or 24 months. 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.