Our Business Diversity Lending Program (BDLP) is a special purpose credit program that provides funding to businesses owned by veterans,1 women2and people of color.3Eligible 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, eligible business owners can choose from traditional lines of credit, term loans, and owner-occupied commercial real estate and investment loans5 with total financing needs of up to $2.5 million.
When you’re ready, you can apply for select loans and lines of credit online or by scheduling an appointment with a banker. During the application process, you will have the opportunity to disclose that you qualify for the BDLP.
Use your eligible business assets as collateral to secure a business term loan up to $250,000.
Get an unsecured business loan up to $50,000, no collateral necessary.
Leverage your eligible business assets as collateral to secure amounts up to $250,000.
Borrow up to $100,000 with no collateral needed.
Purchase, remodel, refinance, or expand your commercial property with flexible terms and competitive rates.
Get up to 100% financing to inspire the next chapter of your healthcare practice.
To apply for a loan or line of credit up to $2.5 million, make an appointment with a banker.
The following U.S. Bank business loans and lines of credit are available to qualified veteran-,1 woman- 2 or BIPOC-3 owned businesses:
The following products are not eligible:
To be eligible for the Business Diversity Lending Program, your business4 must be at least 51% owned and operated by one of more individuals who are veterans,1 women2 or people of color,3 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 veteran-1 or woman- 2 or BIPOC- 3 owned business enterprise. However, to be eligible for the Business Diversity Lending Program, your business must be at least 51% owned and operated by at least one individual identifying as a veteran,1 woman2 or person of color.3 You can indicate your eligibility for the program during the credit application process.4
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.
Explore valuable business tips and advice for black entrepreneurs. Learn about the key steps for managing cash flow & the elements of starting a business.
Build your business credit score now for a smoother loan application process and learn how to manage your business debt effectively.
Find the U.S. Bank branch nearest you.
Schedule a virtual or in-person meeting with a business banker.
Fill in details about your banking needs and a representative will call you.
Call 866-280-3751 to talk with a representative right away.
Equal Housing Lender
