Save time and eliminate additional paperwork by applying and managing your loan right from your QuickBooks account. Get funding in as fast as 1-2 business days1 after approval.
Explore the features
Apply in QuickBooks
Save time—it only takes minutes to apply and get a decision.
Loans from $1.5K–$200K with terms from 6–24 months.
Business loans with no origination fees or prepayment penalties.
Quick decisions, fast funding.
QuickBooks customers can apply right in QuickBooks and get a decision in minutes. Approved loans typically fund in as fast as 1–2 business days.1
6 months (26 weeks)Term Length
Business loan amounts from $1,500 to $200,000 with terms from 6-24 months.
A seamless lending experience
Your QuickBooks account gives you a head start on applying because data can be pulled from your account, such as:
- Sales trends and seasonality
- Profitability over time
- Invoices and cash flow forecast
Terms are clear from the start so you can avoid surprises and stay in control.
- Payment terms from 6 to 24 months
- No origination fees
- No prepayment penalties
- Won’t affect your personal credit score
98% of customers are satisfied with the speed of the credit decision2
Ready? Here’s some things you may need
- Up-to-date and accurate business data in QuickBooks
- Primary business bank accounts connected through QuickBooks (not required)
- Generally, revenue of at least $50,000 over the past 12 months
Frequently asked questions
Various factors are used to determine your eligibility for a QuickBooks Term Loan. This includes, but is not limited to, your business history within QuickBooks, transactions within your business bank accounts, credit history of the business and personal guarantor, business revenue, and current liabilities. In general, businesses with at least $50,000 in revenue in the past year may be eligible. Applicants shouldn’t have any bankruptcies (personal or business) in the last two years. Since every business is unique, there is no guarantee that all applicants meeting these criteria will be eligible for a Quickbooks Term Loan. Each application is considered individually and decisions are based on current guidelines which are subject to change.
Business collateral is not required. Instead, the overall health of your business and your personal guarantee are taken into consideration.
A personal guarantee is a promise that you will personally repay the business loan if your business is unable to.
Your Annual Percentage Rate, or APR, is the annual rate charged for borrowing money. This rate is expressed as a percentage that reflects the annual yearly cost of funds over the term of the loan. Quickbooks Term Loan has no origination fees, therefore, the APR will equal the interest rate. For loans that charge fees or points, the resulting APR will be higher than the interest rate. When shopping for a loan, compare the APRs of at least two offers with the same term.
While your business information is used to underwrite a QuickBooks Term Loan, as the guarantor, you’ll be responsible for repaying the loan in the event your business can’t. So your personal credit history provides important information that helps determine whether you qualify to guarantee the loan.
You’re entitled to a free copy of your personal credit report from each of the three consumer credit reporting agencies annually at the following website: https://www.annualcreditreport.com. For a copy of your business credit report, go to the Experian website (fees may be applicable). If your request for credit has been declined because of information in your consumer credit report, you’ll receive information in your adverse action notice on how to obtain a free copy of the credit report that was used in the decision.
QuickBooks Capital has partnered with WebBank to provide access to the QuickBooks Term Loan ("Term Loan") product for small business customers. Term Loan is issued by WebBank.
Applying for QuickBooks Term Loan won’t affect your personal credit score in any way. A soft pull of your personal credit history is performed. A “soft pull” doesn’t affect your personal credit rating or score. However, your business credit history may be affected when you apply for a loan.
QuickBooks Term Loan (“Term Loan”) is issued by WebBank.
All screen images are simulated and are for illustration purposes only.
1. Loans are typically deposited within 1–2 business days. Actual funding time can vary depending on third party processing time.
2. Based on a QuickBooks Capital-originated Term Loan survey, October 2022.
3. Interest will apply. Rates vary and depend on applicant’s credit profile and other factors.
Terms, conditions, pricing, special features, and service and support options subject to change without notice.