> ## Documentation Index
> Fetch the complete documentation index at: https://support.pexcard.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Does PEX offer credit?

> Yes — PEX Credit Expense gives your business a line of credit on the PEX Visa® Commercial Card

Yes. PEX Credit Expense gives your business a line of credit on the PEX Visa® Commercial Card. Your Cardholders spend on the card, and PEX automatically debits your linked business bank account for the full settled balance at the end of each statement period. PEX assigns your statement period — weekly or monthly — and your credit line when you're approved.

PEX also offers two prepaid programs — Prepaid Expense and Disburse — where you fund the account before Cardholders can spend.

## Why businesses choose Credit Expense

* **Spend before you fund.** Your Cardholders spend against the credit line, so cash stays in your bank account until the end of the statement period.
* **Earn a rebate on qualifying purchases.** Credit Expense accounts earn a percentage back on eligible card spend. See [rebate details](/administrator-guide/how-to-view-rebate-details).
* **No personal guarantee.** PEX underwrites the business, primarily on your linked bank balances — there's no consumer credit check on you or your Cardholders.
* **The same controls as prepaid.** Issue physical and virtual cards, and cap spend by Cardholder, card, merchant category or merchant.
* **Repay early to free up credit.** Initiate a repayment in the Dashboard and the amount is added back to your available credit once it settles. See [repayment for Credit Expense programs](/administrator-guide/repayment-for-credit-expense-programs).

<Card title="Ready to apply?" icon="credit-card" href="/administrator-guide/how-to-apply-for-pex-credit-expense" horizontal>
  See the eligibility requirements and the application paths for new and existing customers
</Card>

## Compare the programs

| Program         | Funding model                                         | Repayment                                                                                                     |
| --------------- | ----------------------------------------------------- | ------------------------------------------------------------------------------------------------------------- |
| Credit Expense  | A line of credit on the PEX Visa® Commercial Card     | PEX debits your linked business bank account for the full settled balance at the end of each statement period |
| Prepaid Expense | You pre-fund the account before Cardholders can spend | Nothing to repay — you fund the account first                                                                 |
| Disburse        | Pre-funded                                            | Nothing to repay — you fund the account first                                                                 |

## Where to go next

* [Credit line and spend limits](/administrator-guide/understanding-credit-line-and-spend-limits-for-charge-expense-programs) — how PEX sets your credit line and how you cap what each Cardholder can spend.
* [Repayment for Credit Expense programs](/administrator-guide/repayment-for-credit-expense-programs) — how the end-of-period debit works and how to repay early.

<Note>
  **Note:**

  The PEX Visa® Prepaid Card, PEX Disburse Visa® Prepaid Card, and PEX Visa® Commercial Card are not credit cards.
</Note>


## Related topics

- [Does PEX Offer an API?](/developer-guide/does-pex-offer-an-api.md)
- [Does PEX offer Virtual Cards?](/administrator-guide/does-pex-offer-virtual-cards.md)
- [PEX API Basics](/developer-guide/pex-api-basics.md)
- [PEX Connector for Xero (Credit)](/administrator-guide/pex-connector-for-xero-charge.md)
- [PEX Connector for Aplos (Credit)](/administrator-guide/pex-connector-for-aplos-charge.md)