BUSINESS QUICK LOANS

Jumpstart your business
with a Quick Loan.

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

Apply now

Financing benefits that fit your business

U.S. Bank has a wide variety of lending options that support the growth of your business through access to capital with competitive pricing, custom solutions and expert guidance.

Competitive rates

U.S. Bank offers easy access to funding up to $250,000 for businesses with competitive rates and flexible terms.

Quick lending decisions

Our simple online application process makes it easy, with the potential to receive quick decisions and fast funding.

A variety of lending options

We offer secured or unsecured financing options and Small Business Administration (SBA) loans.

Business banking expertise

Our team of local and virtual bankers have deep knowledge of meeting the unique needs of business owners.

Which Quick Loan is right for me?

Loan features

Secured Quick Loan

Unsecured Quick Loan

Best for

Businesses that have assets to use as collateral

Businesses seeking a loan without using assets as collateral

Loan amount

Offers loan amounts up to $250,000 and terms up to 84 months

Offers up to $50,000 and terms up to 48 months

Benefits

Lower interest rate, secured with collateral

Higher rates, no collateral

Apply

Loan features

Best for

Secured Quick Loan

Businesses that have assets to use as collateral

Unsecured Quick Loan

Businesses seeking a loan without using assets as collateral

Loan features

Loan amount

Secured Quick Loan

Offers loan amounts up to $250,000 and terms up to 84 months

Unsecured Quick Loan

Offers up to $50,000 and terms up to 48 months

Loan features

Benefits

Secured Quick Loan

Lower interest rate, secured with collateral

Unsecured Quick Loan

Higher rates, no collateral

Loan features

Apply

Secured Quick Loan

Unsecured Quick Loan

Get started with our simple online application.

To apply for a Quick Loan, you will need to provide:

  1. Name, business address and phone number, Tax ID/Social Security Number/Employer Identification Number.
  2. Gross annual sales information.
  3. In some cases, we may need your latest tax returns, financial statements, or legal documents like articles of incorporation.
  4. For secured applications, U.S. Bank will file a Uniform Commercial Code (UCC) lien and must be in first lien position.
  5. A Personal Guaranty is required for small business loans and lines of credit.1
Apply now

Frequently asked questions

A business term loan is a lump sum of capital to be paid back in fixed increments over a set period of time (called a term).

Term loans are great options when you need to borrow money for a specific purpose to help your business grow, whether you're remodeling your space, opening a second location, hiring more employees or investing in a one-time, large purchase.

A term loan can also free up your cash flow, enabling you to put your remaining capital toward day-to-day expenses and emergencies.

These loans commonly come with lower interest rates and flexible payment schedules. Business loans can either be secured or unsecured.

Here are a few factors to consider:

  • Credit: The creditworthiness of your business.
  • Time in business: How many years your business has been operating (at least 6 months minimum).
  • Collateral: Tangible assets that could be used to secure a loan (only pertains to a secured business term loan).
  • Cash Flow: The amount of cash flowing in and out of your business.
  • Debt load: The amount of debt you have.

When we approve a loan, it typically comes with a maximum loan amount. This is the maximum amount of money that you can borrow. The loan amount depends on multiple factors such as your creditworthiness and the type and purpose of the business term loan.

Explore related products & offerings.

business loans

Practice financing

Practice financing and loans from U.S. Bank help dental, medical, healthcare and veterinary businesses grow and consistently deliver top-quality care.

Learn more
business loans

Equipment financing

Learn about U.S. Bank business equipment financing options and get the funding needed to purchase essential equipment for your business.

Learn more

Diverse-owned business funding

Our Diversity lending program is for minority-owned business owners to choose from traditional lines of credit, term loans, and business funding solutions.

Learn more

Business money market accounts

Discover the best business Money Market account for your business and learn how it can help you get more out of your business savings.

Learn more
Start of disclosure content

Disclosures

  1. 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.

Start of disclosure content

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.

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.

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.

SBA loan funding is subject to credit approval, program, and eligibility guidelines. Financing maximums and terms are determined by borrower qualifications and use of funds. U.S. Bank, SBA, and/or third-party SBA fees may apply and vary based on the type and term of the loan. Some restrictions apply to refinancing options.

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

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

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.