The Amazon Business Line of Credit is a financing option for businesses that shop on Amazon Business or Amazon.com. Managed by Synchrony Bank, this credit line makes it easy for companies to manage their inventory and track purchases.
When you sign up for an Amazon business credit line, you'll get a dedicated account management team to help you set up, customize, and manage your Line of Credit. Businesses that spend more than $100,000 per year will also get an account specialist assigned specifically to their account.
Once your account is set up, you can create separate accounts for each of your organization's companies, locations, or departments. Then, you'll receive easy-to-read monthly statements that list your itemized transactions and product-level details for each invoice.
Amazon's credit line is a pay-in-full Line of Credit with no interest and no annual fee. You'll have 55-day payment terms on all Amazon Business purchases, with a requirement to pay the credit line off in full each payment term.
It's important to note that there are some items you can't purchase with an Amazon Business Line of Credit, including:
- Cell phones
- Textbook rentals
- Games and software downloads
- Digital newspapers and magazine subscriptions
- Prime memberships
- Recurring deliveries and Subscribe & Save
- Amazon gift cards via email or print at home