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American Express “Open Forum” Reaches Small Businesses

American Express BusinessOver the past couple of years we have seen social sites grow in popularity and become a main source of communication for all groups of people. Those with no interest at one time have quickly found themselves immersing in sites like Twitter, Facebook, and many others. Now American Express Open has launched a new forum called "Open Forum", as a resource and networking site for small business owners.


So what things can business owners look to find at the Open Forum? According to American Express, business owners will have the ability to create important connections that provide practical information that can be easily implemented. The Open Forum will also allow business owners and entrepreneurs to receive insightful tips and research from industry leaders, bloggers, and other business owners.


American Express has stated that their research shows a majority of business owners feel that they are challenged when it comes to finding new innovative ways to market their products and services. Of this majority, less than ten percent of those business owners are using the social networking opportunities of the internet as a way to gain insight and valuable opinion about their targeted consumers. Now that the Open Forum is available, American Express really hopes with their help that this changes in the near future.


Advanta to American Express……Only For a Select Few

Now that Advanta has closed the door on new purchases for its cardholders due to a dramatic increase in defaults, American Express has decided to offer their services. The catch is that only those certain cardholders that are deemed “smart choices” will get an offer to replace their Advanta credit card.


So how do you know if you are a small business credit cardholder that will be one of these select few, and how will you be contacted? According to Advanta you must have been a cardholder in good standing, and apparently Advanta will contact you and relay an invitation to apply for a credit card account with American Express. If you don’t get one from Advanta don’t worry because in some occasions you may get an invitation from American Express themselves. If you do get an invitation, please note that most are only valid for 60 days, so time will be of the essence.


If you don’t happen to get an invitation to become an American Express business credit card holder, it will be up to you to actively try to get another credit card or another line of credit. Although it may be tough, there are still a couple of other credit card issuers that may be worth giving a try. You can find a couple here under business credit cards.


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