Apply for a business loan or line of credit

Now is the best time to apply for funding.

Complete your business loan or credit line application online.

Business Term Loan Business Line of Credit

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

Enjoy a smooth business loan application process with the potential to receive a quick decision and fast funding.

Get financing from $5,000 up to $250,000 with no origination fees
Use the funds to grow your business, purchase equipment, or provide working capital
Benefit from competitive rates and flexible terms
Choose between secured and unsecured loan options

Apply for a Business Term Loan

Business Line of Credit

Cash Flow Manager

Enjoy ongoing access to cash with a simple application process that quickly assesses your eligibility.

Credit lines available from $10,000 up to $250,000
Competitive rates, with the option to lock in a fixed rate on existing balances – repay only what you’ve borrowed
Access funds using a Visa Platinum Card, convenience checks, online banking, the Business Service Center, or at a branch
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	Prepayment²	Annual fee
Repayment timeline	Fixed	No maturity date (excludes unsecured SBA option)
	Apply for a loan	Apply for a line of credit

Key differences

Loans

Apply for a loan

Lines of credit

Apply for a line of credit

Get started with our easy online application.

Once you have decided which loan is right for your business, and have the information listed below ready, simply click Apply.

We will guide you through the application, which you can save and return to any time. You can also login with your existing online banking credentials, and we will automatically prefill some information for you.

Name, business address and phone number
Tax ID/Social Security Number/Employer Identification Number
Gross annual sales information
In certain borrowing situations, we may need your most recent business and personal tax returns and financial statements, or legal documents like articles of incorporation

Online application is limited to businesses with no more than five owners. For secured applications, U.S. Bank will file a Uniform Commercial Code (UCC) lien and must be in first lien position.

A Personal Guaranty is required for small business loans and lines of credit.¹

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?

Disclosures

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.
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.

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.

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.

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.

Woman is defined as a person who lives and identifies as female.

Veteran is defined as any person who (i) served in the Army, Navy, Marine Corps, Air Force, Coast Guard or National Guard, including any member of a reserve component of the foregoing services, and (ii) was discharged or released from service under conditions other than dishonorable.

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.

Deposit products are offered by U.S. Bank National Association. Member FDIC.