A business loan provides a one-time lump sum of money that you repay over a set term with fixed monthly payments—ideal for large purchases like equipment or expansion.
A business line of credit, on the other hand, gives you flexible access to funds up to a set limit, allowing you to borrow as needed and only pay interest on what you use. It’s great for managing cash flow, covering payroll, or handling seasonal expenses.
U.S. Bank offers both secured and unsecured options for loans and lines of credit, with competitive rates and terms tailored to your business.