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Wells Fargo Small Business Advantage® Line of Credit

With access up to $100,000, the Wells Fargo Small Business Advantage Line of Credit offers the flexibility of having cash on hand for any business need, combined with the security having a Small Business Administration-backed financial solution.
Ideal ForEstablished (at least 2 years old) for-profit businesses that want to build business credit, and have access to cash at lower rates for expansion, capital improvements, purchasing inventory and more. Businesses must meet SBA guidelines.
How it WorksUse your Wells Fargo Small Business Advantage MasterCard® to make business purchases at retailers, online and anywhere else MasterCard is accepted.

You can also use free personalized Wells Fargo Small Business Advantage checks to pay vendors or employees, make purchases and more from your line of credit account with no cash advance fees.
Does it work for you?Ask a Business Banker. Call 1-866-838-5051 ext 4499.

Additional Information

Credit Amount$5,000 to $100,000
TermsUnsecured Revolving Line of Credit that matures after 5 years.
CollateralNone needed — this is an unsecured line of credit.
Fees
  • Opening Fee: You can get the opening fee waived when you open a Wells Fargo Business Services® Package or pay an Opening Fee based on your Line of Credit:
    • $0 for Lines of Credit under $10,000
    • $150 for Lines of Credit $10,000 to $25,000
    • $250 for Lines of Credit over $25,000
  • Annual Fee:
    • 1st Year: None required.
    • 2nd through 5th year: $150 annually.
Underwriting Requirements
  • Personal guaranties by all owners of 20% or more.
Financing Provided by Wells Fargo.
Additional Features
  • Automatic Payments: Automatically make payments on your Small Business Advantage Line of Credit account from your business checking at your convenience.
  • Overdraft Protection: Link your Small Business Advantage Line of Credit account to your Wells Fargo business checking account.
  • Wells Fargo Business Online® Banking: Access your accounts, view your statements online anytime for free with Business Online Banking.
  • Wells Fargo Business Bill Pay1: Pay bills directly from your Small Business Advantage Line of Credit account at no additional charge (a Wells Fargo business checking account is required).
For More Information
  • Review our Frequently Asked Questions.
  • Compare our lines of credit.
How to Apply
Wells Fargo and the Small Business Administration have partnered to provide businesses with secured SBA-backed financing options. Choose from several loan options and get access to up to $4 million in funding for your small business. For more information, call 1-866-838-5051 ext. 4499.
 
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Business Bill Pay is free of monthly service fees. Charges may apply for Wells Fargo Same Day Payments ServiceSM. Please refer to the Online Access Agreement for fees associated with our online services. Account fees (e.g. monthly service, overdraft) may apply to the Funding Account. For more information on the account fees, please refer to the account agreement you received when you opened your account.