Chase Business Loans provide several financing options for eligible small businesses that need capital for equipment, working capital, expansion, property purchases, debt refinancing, or other approved business purposes. Rather than offering one universal loan, Chase provides term loans, revolving lines of credit, commercial real estate financing, and government-backed SBA programs.
Each option has different amounts, repayment structures, eligibility standards, and possible fees. The right product depends on how the business intends to use the money, how quickly it needs access to capital, its annual revenue, credit profile, cash flow, and ability to repay the debt. Approval and advertised conditions are not guaranteed.
Chase Business
For small businesses No fees to applyHow Chase Business Loans Work
Chase small business term loans provide a lump sum that is repaid through monthly installments. Available structures include a standard Term Loan, a Draw Loan with an introductory draw period, and an Advised Line that allows approved businesses to draw against a commitment for up to one year. Financing starts at $5,000, and eligible products may offer fixed or variable rates with terms as long as seven years. Chase’s current comparison page lists small business loans of up to $500,000.
The Chase Business Line of Credit is a revolving option for existing Chase for Business customers. Credit limits range from $10,000 to $500,000. Businesses can borrow, repay, and reuse available credit during a five-year revolving period. After that period, they generally receive another five years to repay any remaining balance. The interest rate is variable and indexed to the Prime Rate.
Chase also offers commercial real estate financing for businesses purchasing, renovating, constructing, or refinancing owner-occupied properties. These loans start at $50,000, may finance up to 90% of eligible project costs, and can provide fully amortizing terms of up to 25 years. The commercial property secures the loan through a lien.
As an SBA Preferred Lender, Chase offers SBA 7(a), SBA 504, and SBA Express financing. SBA 7(a) term loans may reach $5 million and can support business acquisitions, real estate, equipment, working capital, and expansion. SBA Express loans and credit lines are available for amounts up to $500,000, while SBA 504 financing may cover up to 90% of an eligible real estate or equipment project.
More Advantages of Chase Business Loans
One of the main advantages is the variety of financing structures. A term loan may be appropriate for a planned investment with a defined cost, while a line of credit can provide reusable access to capital for seasonal expenses, inventory, payroll, or temporary cash flow needs.
Chase’s SBA programs provide another path for businesses that may benefit from longer repayment periods or lower down-payment requirements. These programs can support purposes ranging from acquiring another company to purchasing equipment or owner-occupied commercial property.
Businesses seeking real estate financing may choose between conventional and SBA-backed options. Depending on the product, Chase offers fixed or variable rates, construction financing with interest-only payments during the draw period, and terms that can spread property costs over several years.
Eligible customers with larger financing needs may also qualify for Chase’s Relationship Pricing Program. The bank advertises potential interest-rate discounts of 0.4 to 1.2 percentage points on new loans or lines of credit exceeding $500,000, based partly on qualifying business deposit balances.
Cons of Chase Business Loans
Chase Business Loans are not designed for every business profile. The bank’s comparison page lists annual business revenue of at least $100,000, a FICO score of at least 660, and no change in majority ownership or management during the previous two years among the eligibility factors for standard small business loans and lines of credit. Requirements may differ for clients working with a Business Relationship Manager.
The Business Line of Credit is also limited to existing Chase for Business customers. New customers may need to establish a banking relationship or explore another financing option.
Chase does not publish one universal APR range for all business loans. Applicants must complete the underwriting process to learn the rate for which they qualify. Pricing may depend on personal and business credit, annual revenue, cash flow, requested amount, repayment period, collateral, loan purpose, and existing banking relationship.
Some products require collateral. Commercial real estate financing places a lien on the financed property, while larger business loans may require other business assets. Defaulting on a secured loan could place the pledged property or assets at risk.
The application process is not necessarily completed entirely online. Chase generally directs applicants to contact a Business Relationship Manager or visit a branch. More complex applications, especially SBA and real estate loans, may require extensive financial documentation and additional processing time.
Chase Business Loan Rates and Fees
Chase offers fixed or variable rates depending on the financing product, but it does not advertise a standard APR range for all business applicants. Business Line of Credit rates are variable and indexed to the Prime Rate, while term loans may have fixed or variable rates.
Chase standard small business loans currently have no origination fee. However, a prepayment fee may apply to loans greater than $250,000. Commercial real estate financing also advertises no origination fee, with possible prepayment fees on amounts above $250,000.
The Business Line of Credit has no application or origination fee. It carries an annual fee equal to the greater of $200 or 0.25% of the approved credit limit, capped at $750. After the first year, Chase may waive this fee when the account’s average utilization over 12 months is at least 40%.
SBA financing may involve additional costs. SBA fees can apply to 7(a) and Express products. For an SBA 504 loan, a fee applies to the Certified Development Company portion, and Chase may charge an origination fee on its part of the financing.
Businesses should compare the interest rate, annual percentage rate when provided, origination or documentation costs, annual fees, prepayment provisions, collateral requirements, monthly payment, and total repayment amount before accepting an offer.
How to Apply for Chase Business Loans
Applicants can begin by contacting an existing Chase Business Relationship Manager or visiting a local Chase branch. A business banker can help identify whether a term loan, line of credit, SBA loan, or commercial real estate product is more appropriate for the company’s intended use of funds.
The business should be prepared to explain how much it needs, how the proceeds will be used, and how the debt will be repaid. Chase may review current and projected cash flow to determine whether the proposed payments are manageable.
Common application documents may include business and personal tax returns, recent bank statements, profit-and-loss statements, balance sheets, income statements, business licenses, organizational documents, partnership agreements, and information about owners or principals. Applicants seeking secured financing may also need to provide records describing the proposed collateral.
The bank will generally review personal and business credit reports, payment history, existing debts, revenue, ownership structure, and financial performance. Providing complete and accurate documents can help prevent avoidable delays, but it does not guarantee approval.
Chase Business Loans may be worth considering for established companies seeking several financing options through a major bank. The availability of term loans, revolving credit, SBA programs, and commercial real estate financing allows businesses to compare different structures within the same institution.
However, business owners should evaluate the final rate, fees, collateral, payment schedule, and total borrowing cost carefully. Comparing Chase with community banks, credit unions, SBA lenders, and other business financing providers can help determine whether the approved offer supports the company’s needs without placing excessive pressure on its cash flow.
BankAmericard® Credit Card for Students — Your First Step Toward Responsible Credit Building 
Take Control of Your Finances with the U.S. Bank Split™ World Mastercard®