Once registered, you can:

  • - Read additional free articles each month
  • - Comment on articles and featured creative work
  • - Get our curated newsletters delivered to your inbox

By registering you agree to our privacy policy, terms & conditions and to receive occasional emails from Ad Age. You may unsubscribe at any time.

Are you a print subscriber? Activate your account.


American Express buys SierraCities.com

Published on .

New York--American Express Co. and SierraCities.com Inc. announced Thursday that they have signed a definitive agreement for American Express to acquire SierraCities.com for $107.5 million. The acquisition will significantly expand AmEx's existing equipment financing business and increase the company's market share in small business lending. American Express provides equipment financing via participating vendors in the form of leases, and directly to small businesses through term loans.
Most Popular
In this article: