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American Express Introduces Coalition For U.S. Small Businesses Amid Economic Slowdown

By John F. Heerdink, Jr.

Dow 30 component, American Express announces the establishment of  ‘Stand for Small,’ a coalition of more than 40 companies comprising across media, professional services, technology, consumer goods, and many other industries to provide meaningful support to small businesses from the impact of COVID-19. The resources will benefit small businesses as they work to reduce their operating expenses, enhance their digital capabilities, manage their teams remotely and address needs during this pandemic.

The coalition includes some of world’s leading brands including Adobe, Amazon, American Express, AT&T Business, Avis, Bain & Company, BigCommerce, Bill.com, BJ’s Wholesale Club, BlueSnap, Budget, Dell Technologies, Deluxe, Dentsu Aegis Network, DocuSign, eBay Inc., Facebook, FedEx, GoDaddy, Google, Grainger, Hertz, IBM, iHeartMedia, Justworks, LinkedIn, Melio, Menlo Security, Microsoft, Next Insurance, Paychex, Inc., Pilot, Salesforce, Sam’s Club, SAP, Signifyd, Staples, SurePayroll, Trulioo, Uber, UPS, Verizon Communications Inc., and Zoro.

“We’ve always believed in the power of partnership and could not be prouder to stand tall for small with more than 40 partners to offer meaningful support to small businesses during this challenging time. The companies joining Stand for Small all have legacies of supporting the more than 30 million small businesses in the U.S., and collectively, our goal is to provide them with valuable resources so that we can come out stronger together once this crisis ends.” stated Stephen Squeri, Chairman and CEO of American Express. 

In the next coming days, the Stand for Small coalition will continue to onboard partners and will add more experiences and services throughout the year. Companies interested to join may visit www.standforsmall.com.

Dow 30 component American Express Company (AXP), and its subsidiaries provide customers and businesses globally with charge and credit payment card products and travel-related services. They look to enrich the lives of their customers and build business success. To learn more about American Express Company (AXP) and to continue to track its progress please visit the Vista Partners American Express Coverage Page.

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

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(Read Original Story: American Express Launches ‘Stand for Small’ Coalition to Support U.S. Small Businesses in Business Wire)


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