QuickBooks Term Loan, QuickBooks Line of Credit, and Intuit Business Credit Card are issued by WebBank.
QuickBooks Capital is licensed as Intuit Financing Inc. (NMLS #1136148), licensed broker where required. This service is limited to commercial or business loans only.
In CA, loans are made or arranged under CFL License #6054856. Other state licenses: MO #427-27-10028, NM #01899, ND #MB102690, RI Licensed Loan Broker #20153121LB, VT #LSO-1136148, VT #LSO-1136148-1
Partner loans are made or arranged pursuant to their applicable lending license(s).
- Funds are typically deposited within 1-3 business days if approved. Actual funding times can vary depending on third party processing times, such as for SBA loans which can take longer.
- Each invoice advance and each cash draw is a separate, closed-end term loan that has its own loan amount, interest rate, and payment terms.
- Accrued interest is waived if your customer pays the exact full invoice amount through QuickBooks Payments within the first 30 days with pay-enabled invoices, with no borrower prepayment. Your customer's pay-enabled invoice payments will be automatically applied up to the outstanding loan amount. The payments interception functionality and interest waiver feature is currently not available for customer invoice payments made through QuickBooks GoPayment, Pay links, or the QuickBooks Online Receive Payment experience.
- iBusiness Funding facilitates SBA 7(a) loans through its network of approved lenders. Please note that additional paperwork, various fees, such as packaging, legal, due diligence, appraisals, reports, and other out-of-pocket expenses, may apply. Loan amounts shown are offered by our lending partners.
- "Approval odds" refers to the likelihood of approval for QuickBooks Term Loan and/or QuickBooks Line of Credit.
- Based on historical analysis of U.S. QuickBooks Online subscribers who received a QuickBooks Term Loan or Line of Credit, compared with similarly situated QuickBooks businesses and adjusted for key business factors (e.g., customer profile, industry, and timing of financing). Results may vary, and growth is not guaranteed.
- “Returning QuickBooks Capital customer” refers to businesses that have previously received a QuickBooks Term Loan or QuickBooks Line of Credit. Based on QuickBooks customer data. Approval not guaranteed. Actual terms may vary. Claim is applicable for QuickBooks Term Loan and QuickBooks Line of Credit products, issued by WebBank.
- 5% cash back on purchased Intuit products and services does not include transactional fees (ex: merchant services). All other completed purchases will receive 2% cash back. All cash back for bonuses and rewards will be applied in the form of a statement credit to your Intuit Business Credit Card account. Earn the $300 bonus after you spend $3,000 in purchases within the first 3 months of account opening. Closed accounts with cash back balances may be forfeited. See Rewards Program Terms ffor details. The Intuit Business Credit Card cannot be used to pay other debts. (ex: a loan or credit card balance).