Learn about ​QuickBooks Capital​ Loans

QuickBooks Term Loan: You receive a single payout upfront and pay it back with fixed payments on a set schedule.

QuickBooks Line of Credit: You get ongoing, flexible access to money up to an approved credit limit.

Fast decisions: You can get a decision in as fast as 30 seconds.

Quick funding: If approved and you accept the terms, we deposit funds directly into your business checking account within 1 to 2 business days. Same-day funding isn't available, and processing times can vary.

No extra fees: We don't charge origination fees, maintenance fees, or early payoff penalties. You can pay off your loan early without extra fees. You only pay interest on what you borrow.

Credit score impact: Applying involves a soft credit pull, which doesn't affect your personal credit score. However, on-time payments can help your business credit profile, while late or missed payments can hurt it. We may report your loan activity to business credit bureaus like Dun & Bradstreet and Experian Small Business, as well as personal credit bureaus.

Business use only: You must use these funds for business purposes only, not personal expenses.

Revenue: Your business needs at least $50,000 in revenue over the past year.

Credit score: The personal guarantor needs a FICO score of 620 or higher.

Bankruptcy history: You and your business must have no bankruptcies in the last two years.

Account standing: You need an active QuickBooks Online account in good standing.

QuickBooks data: We review your business history in QuickBooks, bank account transactions, revenue, and current debts.

Don’t close your account: Never close your QuickBooks Payments or Merchant Account to fix minor typos.

Contact support to fix errors: If you made minor spelling or identity typos on your active account, reach out to our support team so we can help your correct them.

Protect your business history: Closing your merchant account erases your processing tenure in our system. If you open a new merchant account, your history resets to zero, which leads to automatic loan denials due to a lack of processing history.

Pay off active loans first: If you have an active loan or line of credit balance, you must pay it off in full before you can close a merchant account.

You receive a single upfront amount and repay it over a fixed term with set payments.

You can review all terms—including your loan amount, interest rate (APR), and payment schedule—before you accept.

Access your funds: Only the business owner who applied, received approval, and serves as the personal guarantor can take out funds. Other company admins can't take draws. To take a draw, sign in to QuickBooks Online, go to Lending, and select Line of Credit.

Withdrawals count as separate loans: Once approved for a credit limit, you can draw cash or fund eligible invoices. Every cash draw and invoice advance acts as a separate, closed-end loan with its own loan amount, interest rate, and payment terms.

Pay interest on what you use: You pay interest only on the money you borrow. If you fund eligible invoices through QuickBooks Payments, you may qualify for interest waivers if your buyers pay on time.

Rebuilding your available credit: When you make a payment, it can take up to 7 calendar days to show in your available credit balance. Only the principal portion of your payment restores your available borrowing limit.

Make all payments on time.

Avoid returned payments.

Keep your QuickBooks Online subscription active and in good standing.

Keep an active bank account linked to QuickBooks.

Blocked status: A block stops you from creating new draws or funding invoices. Check the specific block reason in the Resolution Center or your email, and complete the requested steps to restore eligibility.

Revoked status: We revoke lines of credit for severe issues like late payments, falling FICO scores, fraud concerns, or Acceptable Use Policy (AUP) violations. Once we revoke a line of credit, we can't reverse the decision.