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Small Business Line of Credit Cash you need, when you need it.

Manage seasonal cash flow, expand inventory, or grab hold of a new opportunity with a small business line of credit.

Apply now

How it works

As a small business owner, you do a lot of hard work. So we make loans easy. Here’s how it works.

  1. Find your fit—with personalized options built to match your goals.
  2. Apply for the amount and term you’re looking for. You’ll have plenty of options to choose from on our simple application. And you can apply online, by phone, or in a branch.1
  3. You’ll get a fast answer so you can get back to business.

Sign up for auto-draft payments and get a 0.25% interest rate discount2.

Small Business Line of Credit

Access to money—whenever you need it. Manage seasonal cash flow, expand inventory, or grab hold of a new opportunity.

Apply now for a Small Business Auto Loan
Find a branch to apply for a Small Business Commercial Vehicle and Equipment Loan
855-917-6189
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$100,0003

Loan amounts up to

12-36 months terms available4

Terms up to

Competitive variable rates1

How it works:

  • Apply for a specific line of credit amount. 
  • Borrow up to your available credit limit.1
  • Access funds by transferring money to your checking account or by writing checks.
  • Interest accrues only on the outstanding balance.
  • Use as a revolving line of credit and re-borrow over time up to the maximum credit limit.1

Best if you want to:

  • Cover seasonal or revolving cash flow.
  • Access working capital where and when you need it.
  • Access a larger line of credit if secured by collateral.

Have a different borrowing need?

We have a wide range of financing options. If you’re looking for something else, we can guide you to the option that best fits your needs. Call 855-917-6189 or learn more.

Earn $200 with a new Truist business checking account5

Small Business Checking

Whether you want a streamlined solution or a bunch of benefits, we have a business checking account that will fit—and grow with—your business. And right now, new Dynamic Business Checking or Simple Business Checking clients can earn $2005 when opening a new account. Terms apply.

Learn more about Small Business Checking
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1 Loans and lines of credit are subject to business type and credit approval. Standard underwriting guidelines and credit policies apply. Small Business Lending Rates are only available to loans originating through the Retail Community Bank channel. Origination and other fees may apply. Other loan amounts, rates, and term options may be available upon request. Other restrictions may apply. All rate quotes are only valid for 10 calendar days, and closings must occur within 60 calendar days of loan approval date. Your loan terms, including APR, may differ based on amount, term length, and your credit profile.

Small Business Lending promotional interest rates and discounts do not apply to business or commercial credit cards, commercial loans, or corporate loans.

2 A loan applicant may be eligible for an interest rate discount of 0.25% when signing up for auto-draft payment at or before loan closing. The interest rate discount shall be applied to the interest rate disclosed to loan applicant at the time of loan approval.

3 Loan amounts may be available up to $250,000 with appropriate collateral.

4 Terms may go up to 60 months with appropriate collateral.

5 Teammate Instructions for Enrolling Clients in the Offer: Enrollment in the promotion is required and must be completed in the Truist Promotions Center using Promo Code SB22Q3CHECKING and indicating the last four digits of the business checking account number opened when prompted.

Terms and Conditions for the Truist Q3 2022 Small Business Checking Offer: SB22Q3CHECKING

  • Offer information: Earn $200. Open a new Truist Simple Business Checking or Dynamic Business Checking account online or in a branch from July 1, 2022 through September 30, 2022. Within 30 days of opening the new business checking account, you must:
    • Make cumulative Qualifying Deposits* of $1,500 or more into your new account, and
    • Enroll and Sign In to Truist Online Banking for Business.

Enrollment in the promotion is required at the time of account opening, using promo code SB22Q3CHECKING, in order to be eligible for a promotion reward. Please refer to the Account Opening and Enrollment section below for instructions.

*Qualifying Deposits for new business checking accounts exclude debit card credit transactions and NSF fee refunds. Deposits can be made on a one-time basis or cumulatively over the 30 days.

  • To be eligible to participate in the promotion: You must be a new Truist business checking client. To be considered a new business checking client, the business cannot have an existing Truist business checking account, or have closed a SunTrust now Truist, or Truist business checking account within 180 days prior to the promotion start date (on or after January 2, 2022), with the same Taxpayer Identification Number (TIN), including but not limited to an Employer Identification Number (EIN). The business account holder must be 18 years or older at time of account opening. The account holder cannot be a non-resident alien. The business must be registered within the U.S. with the business’s physical street address located in the following states: AL, AR, GA, FL, IN, KY, MD, MS, NC, NJ, OH, PA, SC, TN, TX, VA, WV or DC and have a valid U.S. TIN or EIN. The qualifying checking account must be opened in a Truist branch in one of the above-listed states or online.
  • Reward processing: The reward will be credited to the new business checking account up to 4 weeks after the qualification requirements have been verified. When the cash reward is deposited, it will appear in your new business checking account monthly statement as Reward SB22Q3CHECKING. This offer is only applicable once per client. If multiple accounts are opened with the same owners/signers and Truist reasonably believes that the legal entities associated with such accounts engage in substantially similar or limited business activities, Truist may limit the number of accounts that are eligible for the promotional offer to five. Truist may report the value of any reward received through any offer to the Internal Revenue Service, as required by law. Any applicable taxes are the responsibility of the recipient.
  • Reward forfeiture: The new business checking account must remain open and in good standing with a balance ≥$0.01 until the reward is processed in order to receive the reward. Reward forfeiture will occur if: (1) the business checking account is changed to an account type not included in this client offer, (2) the business checking account is closed prior to the reward being processed, or (3) the new business checking account has a negative available balance at the time of qualification validation. Truist reserves the right to deduct the reward amount from the business checking account at the time of closing if the new business checking account is closed by the client or Truist within 180 days after opening.
  • Other terms: A minimum account opening deposit of $100 is required for a new business checking account. You must accept the Terms and Conditions presented when initially signing on to Online Banking for Business in order to complete the Sign In requirement. For interest-bearing accounts, you may obtain the current interest rate and APY on your account by calling 844-4TRUIST or 844-487-8478. See Truist’s Commercial Bank Services Agreement to obtain information about the interest calculation. Fees may reduce your earnings. The offer is non-transferable and may not be combined with any other offers. This offer is subject to change and may be discontinued at any time.
  • Online Account Opening and Promotion Enrollment Instructions: The business checking account can be opened via the “Open Now” link on the offer landing page or by entering the offer code SB22Q3CHECKING in the Truist online account application. After reviewing the terms and conditions, make sure “Accept” is selected in the “Special Offer” page to be enrolled for this offer. Accounts opened without the Promotion Code will not be eligible to participate in the offer.
  • Branch Account Opening and Promotion Enrollment Instructions: Visit your local Truist branch to open a new eligible business checking account. During the account opening process, ask the Truist representative to enroll you in the Q3 2022 Small Business Checking Offer and provide them with promotion code SB22Q3CHECKING. The offer may not be combined with any other offers.

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Disclosures

Truist Bank, Member FDIC. © 2024 Truist Financial Corporation. Truist, the Truist logo and Truist Purple are service marks of Truist Financial Corporation.

Equal Housing Lender

Investment and Insurance Products:

  • Are Not FDIC or any other Government Agency Insured
  • Are Not Bank Guaranteed
  • May Lose Value

Services provided by the following affiliates of Truist Financial Corporation (Truist): Banking products and services, including loans and deposit accounts, are provided by Truist Bank, Member FDIC. Trust and investment management services are provided by Truist Bank, and Truist Delaware Trust Company. Securities, brokerage accounts and /or insurance (including annuities) are offered by Truist Investment Services, Inc., which is a SEC registered broker-dealer, member FINRA, SIPC, and a licensed insurance agency. Investment advisory services are offered by Truist Advisory Services, Inc., GFO Advisory Services, LLC., each SEC registered investment advisers.

Mortgage products and services are offered through Truist Bank. All Truist mortgage professionals are registered on the Nationwide Mortgage Licensing System & Registry (NMLS), which promotes uniformity and transparency throughout the residential real estate industry. Search the NMLS Registry.

Comments regarding tax implications are informational only. Truist and its representatives do not provide tax or legal advice. You should consult your individual tax or legal professional before taking any action that may have tax or legal consequences.

"Truist Advisors" may be officers and/or associated persons of the following affiliates of Truist, Truist Investment Services, Inc., and/or Truist Advisory Services, Inc. Truist Wealth, International Wealth, Center for Family Legacy, Business Owner Specialty Group, Sports and Entertainment Group, and Legal and Medical Specialty Groups are trade names used by Truist Bank, Truist Investment Services, Inc., and Truist Advisory Services, Inc.

Truist Securities is a trademark of Truist Financial Corporation. Truist Securities is a trade name for the corporate and investment banking services of Truist Financial Corporation and its subsidiaries. All rights reserved. Securities and strategic advisory services are provided by Truist Securities, Inc., member FINRA and SIPC. Lending, financial risk management, and treasury management and payment services are offered by Truist Bank. Deposit products are offered by Truist Bank.

Applications, agreements, disclosures, and other servicing communications provided by Truist Bank and its subsidiary businesses will be provided in English. As a result, it will be necessary for customers to speak, read and understand English or to have an appropriate translator assisting them. Truist offers the following resources for consumers that have Limited English Proficiency:

  • Multilingual teammates available at our Multicultural Banking Centers
  • Materials for some products and services are available in Spanish, Korean, Vietnamese, Mandarin, and other languages spoken in the communities we serve.
  • Phone assistance in Spanish at 844-4TRUIST (844-487-8478), option 9. For assistance in other languages please speak to a representative directly.

New York City residents:

Translation or other language access services may be available. When calling our office regarding collection activity, if you speak a language other than English and need verbal translation services, be sure to inform the representative. A description and translation of commonly-used debt collection terms is available in multiple languages at http://www.nyc.gov/dca.

  • Limited English Proficiency Support
  • New York City residents

Borrowers with Limited English Proficiency (LEP) needing information can use the following resources:

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