A business line of credit lets a business borrow up to a certain amount of money and will only charge interest on the amount of money borrowed (like how your credit card works). A line of credit is unlike a traditional loan where you’d be given a lump sum of money that you’d pay back with interest in monthly payments.
Business lines of credit
Access working capital to help run your business.
Why do you need a business line of credit?
For sudden expenses, cash-flow needs and major purchases, a line of credit allows you quick, easy access to your available funds.
Cash flow manager
Manage cash flow.
- Up to $250,000
- Manage cash flow
- Competitive rates with the option to lock in a fixed rate
Business line of credit
Purchase materials, equipment or inventory.
- Competitive interest rates
- Interest-only payment option
Business equity line of credit
Use real estate as equity.
- Revolving terms with a 5-year maximum
- Monthly interest-only payments
Business reserve line
Protection from overdraft charges.
- Up to $5,000
- No annual fee
- Linked to your U.S. Bank business checking account
Get help finding an option to meet your need.
Answer a few questions, and we’ll help you understand your business lending options.
Understand key characteristics of a business loan.
- One-time payout of funds
- Interest rates are typically lower than a line of credit
- Interest is paid on full amount
- Repayment is a fixed monthly payment
- May have a prepayment fee
- Fixed repayment timeline
What’s your Financial IQ?
Leverage credit to plug gaps in business cash flow.
Understand what’s causing your cash flow problems and choose the right strategy to get your balance sheet back on track.
What type of business financing could be right for you?
Take a short quiz to help you find the right business financing option for your situation.
What type of loan may be right for your business?
Evaluate your business goals and specific needs to help you decide between a loan or line of credit.
Frequently asked questions
A working capital line of credit lets a business borrow money up to the amount of working capital the business has (calculated by subtracting the company’s current liabilities from its assets). With a working capital line of credit, just like other kinds of lines of credit, interest is only charged on the amount of money borrowed.
A business line of credit works kind of like a credit card. A line of credit lets a business borrow up to a certain amount of money and will only charge interest on the amount of money borrowed. It’s unlike a traditional loan where you’d be given a lump sum of money that you’d pay back with interest in monthly payments.
Applying for a business line of credit is easy. You’ll decide which line of credit is right for your business and then fill out an application either online or with a business banker. If you’re interested in putting up collateral in exchange for a lower interest rate, you’ll need business assets like commercial real estate.
To prepare to apply, gather your business and personal tax returns, financial statements, articles of incorporation and other legal documents.
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Equal Housing Lender