Apply for business financing in minutes.

To ensure a smooth application process, you can upload documents and e-sign. We’ll guide you through a few sections, and you can save your application any time then return to it later. If you’re a U.S. Bank customer enrolled in online banking, we’ll prefill some information for you.

Business Term Loans

Quick Loan

Whether you're investing in new equipment, purchasing new or used vehicles, making office improvements, technology upgrades or covering everyday expenses, a business term loan can support your growth. Enjoy competitive fixed interest rates with no origination fees.1

  • Get financing from $5,000 up to $250,000 
  • Benefit from competitive fixed rates and flexible terms
  • Choose between secured and unsecured loan options
Apply for a Business Term Loan

Business Line of Credit

Cash Flow Manager

Discover a flexible revolving line of credit that provides working capital for seasonal purchases and short-term cash needs. Access funds easily with a Visa Platinum Card, convenience checks, online banking, or at a local branch. It offers competitive rates and the option to lock in a fixed rate on existing balances.

  • Credit lines available from $10,000 up to $250,000
  • No annual fee for lines greater than $50,000
  • $150 annual fee applies for lines of $50,000 or less
  • Both secured and unsecured options are available; the unsecured line of credit has a $100,000 limit and does not require collateral.
Apply for a Business Line of Credit

Consider some of the key differences between business loans and lines of credit.

Key differences

Loans

Lines of credit

Payout of funds

One-time funding

Advance as needed

Interest rates

Typically lower than a line of credit

Typically higher than a loan

Interest paid on

Full loan amount

Only on advances

Repayment

Fixed monthly payment

Minimum variable payments

Fees

Prepayment1

Annual fee3

Repayment timeline

Fixed

No maturity date (excludes unsecured SBA option)
Apply for a loan
Apply for a line of credit

Key differences

Payout of funds

Loans

One-time funding

Lines of credit

Advance as needed

Key differences

Interest rates

Loans

Typically lower than a line of credit

Lines of credit

Typically higher than a loan

Key differences

Interest paid on

Loans

Full loan amount

Lines of credit

Only on advances

Key differences

Repayment

Loans

Fixed monthly payment

Lines of credit

Minimum variable payments

Key differences

Fees

Loans

Prepayment1

Lines of credit

Annual fee3

Key differences

Repayment timeline

Loans

Fixed

Lines of credit

No maturity date (excludes unsecured SBA option)

Key differences

Loans
Apply for a loan

Lines of credit
Apply for a line of credit

Get started with our easy online application.

  1. Provide your name, business address and phone number, Tax ID/Social Security Number and Employer Identification Number.
  2. Include information about your gross annual sales.
  3. In some cases, we may require your most recent tax returns, financial statements, or legal documents, such as articles of incorporation.
  4. For secured applications, U.S. Bank will file a Uniform Commercial Code (UCC) lien and must retain the first lien position.
  5. A Personal Guaranty is required for small business loans and lines of credit.2
Apply for Quick Loan Apply for Cash Flow Manager

Is your business proudly diverse-owned?

Our Business Diversity Lending Program provides funding to diverse businesses with modified credit requirements for potentially easier approvals and favorable rates. See if you qualify.

Learn more

Driving your business forward requires a steady flow of capital.

U.S. Bank partners with you and your business to ensure you get financing to suit your unique goals and needs.

Our loans and lines of credit are a smart and affordable way to meet routine business expenses. With our streamlined process and timely decisions, you get the money you need, all backed by a trusted and ethical bank.

Prefer to talk to a banker?

Make an appointment
Request a call
Call 833-614-2270
Find a branch
Start of disclosure content

Disclosures

  1. Footnote 1

    If the loan is prepaid in full within one year of the note date, a prepayment fee of 1% of original loan amount is a minimum of $50.00 and a maximum of $100.00. If the loan is SBA guaranteed, there are no prepayment penalties.

    Return to content, Footnote 1
  2. Footnote 2

    U.S. Bank requires business owners to provide a personal guaranty to obtain credit. The term personal guaranty refers to an individual’s contractual promise to personally repay credit issued to a business if the business fails to repay its debt obligations.

    Return to content, Footnote 2
  3. Footnote 3

    Line of credit interest rates and program terms are determined by U.S. Bank based on market conditions. Interest rates are subject to change without notice. A $150 annual fee applies to lines of $50,000 or less.

    Return to content, Footnote 3

Loan approval is subject to credit approval and program guidelines. Interest rate and program terms are subject to change without notice. Not all loan programs are available in all states for all loan amounts.

Financing under the Business Diversity Lending Program is subject to credit approval. Terms and conditions are subject to change.

Business Diversity Lending Program: To be eligible for the BDLP, your business must be at least 51% owned and operated by one or more individuals who are women, people of color and/or veterans. Demographic information regarding gender, race and veteran status is required only to determine eligibility for this program. U.S. Bank does not discriminate on this or any other prohibited basis.

Eligible racial categories include American Indian or Alaskan Native, Asian, Black or African American, Hispanic/Latino, Native Hawaiian or other Pacific Islander and combined ethnic or racial groups.

Financing maximums and terms are determined by borrower qualifications and use of funds.

Subject to credit approval and program guidelines. SBA loans are subject to SBA eligibility guidelines. U.S. Bank and/or third-party fees may apply. Certain restrictions apply to refinancing options and are subject to program terms.

Credit products offered by U.S. Bank National Association and are subject to normal credit approval and program guidelines. Some restrictions and fees may apply.