WaFd Bank is here to help your business grow
Providing financial solutions since 1917
WaFd Bank is here to help your business grow
Providing financial solutions since 1917
Business Loans and Credit Lines*
Running a fast-growing business means balancing expansion with cash flow. At WaFd Bank, our Business Loans and Lines of Credit are designed to help you cover seasonal expenses, invest in equipment, and fuel long-term growth—all with flexibility, speed, and common sense decision making made locally.
Business Line of Credit
Best for: Managing cash flow, seasonal gaps, emergencies, and short-term expenses.
- Up to $50,000 unsecured
- Support cyclical or seasonal cash flows
- Combine with our Business Sweep Account to efficiently manage cash resources
Business Term Loan
Best for: Funding major projects, equipment, real estate, or refinancing large investments.
- Variety of terms to meet your needs
- Tailor the loan to fit your investment
- Fixed payments
SBA Express Line of Credit
Best for: Fast, flexible working capital to cover payroll, inventory, seasonal gaps, or unexpected costs.
- Easier qualification than traditional business lines of credit
- $5,000-$500,000
- Support business needs on demand
- Interest-only payments for the first 24 months
SBA 7(a) Loan
Best for: Working capital, buying a business, and real estate.
- Expanding operations
- Launching a new business
- Funding for equipment or inventory
SBA 504 Loan
Best for: Buying real estate or large equipment.
- Long-term, fixed-rate financing
- Conserve cash for operations
- Expand your footprint
- Specialized equipment
Power your growth with flexible business financing.
WaFd Bank's Business Loans and Credit Lines
| Business line of credit | Business loan | Business credit card | |
|---|---|---|---|
| Best for | Managing cash flow, seasonal gaps, emergencies | Funding major projects, real estate, or large equipment | Daily purchases, travel, smaller recurring expenses |
| Access to funds | Borrow as needed up to a set amount | Receive a one-time lump sum disbursement | Revolving credit, use as needed |
| Term Length | Revolving; can be renewed annually | Fixed term (2-25 years) | Ongoing, as long as the account is in good standing |
| Credit Limit | $5,000 - $50,000 unsecured $50,000 - $100,000 secured | $5,000 - $50,000 unsecured $50,000 - $100,000 secured | Based on credit score |
| Interest Rate | Variable | Fixed | Variable |
| Collateral | Can be secured or unsecured, depending on loan amount | Can be secured or unsecured, depending on loan amount | Unsecured |
Best for
- Business line of credit: Managing cash flow, seasonal gaps, emergencies
- Business loan: Funding major projects, real estate, or large equipment
- Business credit card: Daily purchases, travel, smaller recurring expenses
Access to funds
- Business line of credit: Borrow as needed up to a set amount
- Business loan: Receive a one-time lump sum disbursement
- Business credit card: Revolving credit, use as needed
Term Length
- Business line of credit: Revolving; can be renewed annually
- Business loan: Fixed term (2-25 years)
- Business credit card: Ongoing, as long as the account is in good standing
Credit Limit
- Business line of credit: $5,000 - $50,000 unsecured $50,000 - $100,000 secured
- Business loan: $5,000 - $50,000 unsecured $50,000 - $100,000 secured
- Business credit card: Based on credit score
Interest Rate
- Business line of credit: Variable
- Business loan: Fixed
- Business credit card: Variable
Collateral
- Business line of credit: Can be secured or unsecured, depending on loan amount
- Business loan: Can be secured or unsecured, depending on loan amount
- Business credit card: Unsecured
Connect with Us
Our knowledgeable and experienced bankers are ready to help.
Your vision, powered by our comprehensive business banking products and services
CASH MANAGEMENT
Gain more and seize growth opportunities to scale up
- See all bank and credit card activity in one place
- Track profitability in real time
- Visualize business cash flow with projections to plan for seasonality
PAYMENT PROCESSING SERVICES
Accept payments anywhere with the most up-to-date technology
- Terminal payments (card present)
- E-commerce (card not present)
- Industry-leading security
- Solutions for platforms and developers
CREDIT CARDS
Flexibility designed for your success
- Designed for business owners
- Flexible and convenient
- Manage expenses and authorized user spend with ease
- Cashback rewards
Expert Insights
Navigate your business confidently with expert knowledge and guidance.
What Is Needed to Open a Business Bank Account?
Keeping your business funds separate from your personal finances helps you stay organized and focused on your business priorities.
How to Get a Business Loan from a Bank in 7 Steps
Getting a business loan from a bank might seem complicated, but it's not all that different from getting a personal loan.
How to Qualify and Apply for a Small Business Credit Card
Part of owning a business is building business credit, whether you freelance or own a business with several employees.
Frequently Asked Questions
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*Loans subject to approval.