Removing PG from Amex Business Gold

[tetal]

Hi,

 

I have a Amex Business Gold card and wanted to know if it is possible to ask for the personal guarantee to be removed?

[BRBiz]

No it's not.

[creditboa52514NS]

Hi,

 

I have a Amex Business Gold card and wanted to know if it is possible to ask for the personal guarantee to be removed?

 

Yes you can If your revenue is over $4M.

You need to re-apply and submit your Financial Statments.

[truckerbonk]

 

Hi,

 

I have a Amex Business Gold card and wanted to know if it is possible to ask for the personal guarantee to be removed?

 

Yes you can If your revenue is over $4M.

You need to re-apply and submit your Financial Statments,+

+1 that's the only way to no PG

[BRBiz]

That was my short answer.. The above info is also correct but you also need very good high dollar biz credit showing among other things. Also you generally can't remove a PG you would need to apply under just the business. Most small bsuinesses won't quailify.

Edited September 23, 2014 by BRBiz

[NotMyCupOfTea]

Does Amex biz report to dandb or experience?

[NotMyCupOfTea]

Thanks!