Our Business Diversity Lending Program is a special purpose credit program that provides funding to underserved businesses owned by women1, veterans2 and people of color.3 Eligible businesses can choose from secured or unsecured loans and fixed or variable rate products with modified credit requirements.
To be considered, simply indicate your eligibility in your online application or connect with a banker.
BIPOC (Black, indigenous, and people of color), women and veterans receive less funding and access to credit than other business owners. We are committed to helping close historical funding gaps among traditionally underserved communities.
The U.S. Bank Business Diversity Lending Program opens the door to more business owners through revisions to credit standards that improves access to business loans and lines of credit.
Business loans are not keeping pace with the needs of diverse business owners. Our diverse business loans help business owners fund their dreams.
Women are opening businesses at a faster rate than men but are having less success obtaining funding. Our business loans for women help close these funding gaps.
You served your country. Now it’s time for us to serve you. If you’re a veteran under the Department of Veterans Affairs, you can apply for the financing you need to grow and maintain your business.
Through our Diversity Lending Program, diverse business owners can choose from traditional lines of credit, term loans, and commercial real estate and investment loans4 for borrowers with total financing needs of up to $2.5 million. We offer many options to choose from, including secured or unsecured loans and fixed or variable rate programs.
When you’re ready, you can simply apply for the loan you’re interested in through our general application form. During the application process, you will have the opportunity to disclose that you qualify for the Business Diversity Lending Program.
A secured business term loan uses your eligible business assets as collateral and offers loan amounts up to $250,000 and terms up to 84 months.
An unsecured Business Term loan does not require collateral and offers up to $50,000 and terms up to 48 months.
Here you’ll find resources and opportunities to help you thrive and grow.
We provide alternative funding to diverse-owned businesses. This includes $25 million supporting more than 30,000 women of color owned microbusinesses over three years.
U.S. Bank Access Commitment is our long-term framework to help build wealth, redefine how we serve diverse communities and bridge the wealth gap. As part of that overall commitment, Access Business creates more opportunities for diverse business owners.
We believe diversity is better for business and U.S. Bank has we’ve committed to this by increasing diversity within our own suppliers.
From business checking to payment solutions, U.S. Bank offers products, resources and services to help small businesses thrive, all in one place.
Business banking options that seamlessly integrate with payment solutions to help you manage your business finances with ease.
Streamline your operations and make informed money decisions with a clear view of your finances in one place.
Take your business to the next level with expert advice, lending solutions and staff management tools designed for growth.
The following U.S. Bank business loans and lines of credit are available to qualified person of color, women- or veteran-owned businesses:
The following products are not eligible:
To be eligible for the Business Diversity Lending Program, your business5 must be at least 51% owned and operated by one or more individuals who are people of color3, women1, or veterans2, including any combination of the three. Financing is available under the program for applicants with business borrowing needs up to $2.5 million.
U.S. Bank traditional loans and lines of credit do not require formal certification as a woman, veteran, or person of color owned business enterprise. However, to be eligible for the Diversity Lending Program, your business must be at least 51% owned and operated by at least one individual identifying as a person of color3, woman1, or veteran2. You can indicate your eligibility for the program during the credit application process.
Credit scores are one factor that’s considered when applying for a business loan. Credit scores for approved applications fall within a range that varies by individual and business. A U.S. Bank advisor can discuss your options with you.
Equal Housing Lender
