Wells Fargo Business Term Loan Questions
Getting started
-
The following products have been discontinued:
- Equipment Express® loan
- Wells Fargo BusinessLoan® term loan
- Advancing term loan
Current customers with these accounts will continue to be serviced as normal. For account maintenance, call 1-800-225-5935.
We offer a variety of other lending solutions, including business lines of credit options.
Managing your Equipment Express® loan, Wells Fargo BusinessLoan® term loan, or Advancing term loan
-
For Equipment Express loan
Yes, additional payments to your principal may be made by mailing in additional payments. You can also call Wells Fargo Business Customer Service at 1-800-225-5935 to request payment over the phone if your account has a linked Wells Fargo business account for payment. These additional payments will not reduce the amount of your next payment but will reduce your total loan balance. You may pay off the loan before the end of term without an early payment penalty fee.
For Wells Fargo BusinessLoan term loan
Yes, additional payments to your principal may be made through Wells Fargo Business Online® or by mailing in additional payments. These additional payments will not reduce the amount of your next payment but will reduce your total loan balance. You may pay off the loan before the end of term without an early payment penalty fee.
For Advancing term loan
Yes, you can make additional principal payments to reduce the principal balance. These payments can be made via Wells Fargo Business Online and will not reduce the amount of your next payment but will reduce your total loan balance.
To make additional principal payments for Equipment Express loan, Wells Fargo BusinessLoan term loan and Advancing term loan:
- Sign on to Wells Fargo Business Online
- Select Business Accounts from the Select Account View dropdown
- Find this account under Commercial Lines and Loans
- Select Make Principal Payment
- Follow instructions and submit
Note: Non-Wells Fargo Bank customers with an Advancing term loan must mail in payments.
-
Please refer to the payment address on your current statement or call Wells Fargo Business Customer Service at 1-800-225-5935 for assistance.
-
With our Automatic Payment Service, have your monthly loan payment made automatically from any business checking account — it's easy and free. You can also call Wells Fargo Business Customer Service at 1-800-225-5935 to set up automatic payments.
-
You can call Wells Fargo Business Customer Service at 1-800-225-5935 to set up automatic payments.
Account Security/Fraud
-
If you have questions about your account, please contact Wells Fargo Business Customer Service at 1-800-225-5935 immediately.
