Our Business Diversity Lending Program is a special purpose credit program under the Equal Credit Opportunity Act that provides funding to businesses owned by minorities1, women2 and veterans.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.4
Through our Diversity Lending Program, business owners can choose from traditional lines of credit, term loans, and commercial real estate and investment loans5 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.
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U.S. Bank Access Commitment is a group of initiatives dedicated to help close the wealth gap.
We’re committed to building strong relationships and doing business with a variety of 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
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 minorities1, women2 and veterans3 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 minority1, woman2 or veteran.3 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
