US Bank Small Business Banking

Find out more about US Bank small business loans with key information, loan options and frequently asked questions.

Updated on March 31st, 2020

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US Bank is a major American bank that provides small business loans to qualified businesses that need financing for expansion or equipment purchases. US Bank also has a variety of small business bank accounts.

Banking Options:

Account Name

Monthly Fee

Silver Checking


Gold Checking


Platinum Checking


Premium Checking

Personalized pricing.

Basic Savings


Loan Options:

Loan Type


Quick Loan

Up to $250,000.00

Term Loan

Up to $1,000,000.00

Equipment Financing

Up to $500,000.00

SBA Express Loan

Up to $250,000.00

Us Bank Small Business Banking

Pros: Competitive interest rates. Flexible loan repayment terms. Variety of checking options.

Cons: Loans are only available to current US Bank customers.

Bottomline: US Bank has a variety of small business banking products that are convenient for small business owners and entrepreneurs.

Key Information:




Minneapolis, MN

Number of Employees



Andrew Cecere


800 Nicollet Mall, Minneapolis, MN 55402

Phone Number

1 (612) 659-2000



Is US bank good for small business?

Yes, but it depends on your business needs. Its selection of loan types is comparatively greater than other banks and comes with no monthly fee, a rare bonus.

What do you need to open a bank account with US Bank?

  • You have to be 18 or older.
  • You have to be a legal U.S. resident.
  • Social Security Number.
  • A driver's license or state/military ID.

What is the interest rate of US Bank business loans?

Interest rates vary based on the type of loan, the size of the loan and the nature of your business. You should contact a US Bank representative to learn more about your loan options.

What is a US Bank Quick Loan?

A Quick Loan is a US Bank small business loan that can be used to give you fast access to working capital. Companies tend to use these loans when they are building or purchasing new equipment.

Us Bank Loan Requirements

Can you provide a list of requirements when applying for a US Bank business loan?

  • High credit score.
  • A US Bank account.
  • At least two years in operation.
  • Documented annual revenue.

What are the available terms of payment for US Bank commercial loans?

Your loan officer will determine the term of your loan based on its size and your ability to make payments. All US Bank business loans require the borrower to make fixed monthly payments.