Tag Archives: small business credit credit card credit limits credit limit American Express AmEx

Lowered credit limits hit small business

Jeremy Simon

Some small business borrowers look to be among those experiencing lowered credit limits. In a post on The Vest Pocket Consultant, Rosalind Resnick shares the story of small business owner Michelle Wood, whose American Express credit line was slashed by $10,000 because her handbag company, Lil’ Diva Enterprises, was not registered with business information provider Dunn & Bradstreet.
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