Chase Business Line of Credit Review (2026)
Chase business lines of credit isn't available on Finder right now.
- Min. Amount
- $10,000
- Max. Amount
- $500,000
- APR
- Prime + 2.2% to 7.15%
Our verdict
Flexible repayments and long loan terms, but credit lines require collateral.
Chase provides business lines of credit (LOCs) up to $500,000 or more for a commercial credit line. It offers competitive rates starting at 8.95%, and usually makes an approval decision within a day or two. It also has more generous loan terms than most competitors, with a five-year revolving period followed by a five-year repayment period, or the option to renew. But it only offers secured lines and charges an annual fee. Plus, you’ll typically need to be in business for at least two years to qualify, and it doesn’t disclose credit or revenue requirements.
Best for: Established businesses looking for a relatively long-term credit line.
Pros
-
Longer loan terms
-
Rates starting at 8.95%
-
Credit lines up to $500,000+
Cons
-
Only offers secured credit lines
-
Charges annual fees
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Doesn’t disclose full list of requirements
Is Chase legit?
Yes. Chase Bank is the consumer and commercial banking arm of JPMorgan Chase & Co., one of the leading global financial services companies with $2.6 trillion in assets and operations around the world.
What makes the Chase business line of credit shine?
- Longer loan terms. Most business lines of credit have loan terms of one to three years, but Chase’s can extend up to 10 years, which includes a five-year revolving period followed by a five-year repayment period. There’s also the potential to extend the revolving period after the initial five-year term.
- Competitive rates. Chase offers credit line rates starting as low as Prime +2.2%, which is currently 8.95%, and capped at Prime + 7.15% (or 13.9%). These rates beat much of the competition and are far better than credit card APRs.
- Generous loan amounts. While many business lenders cap credit lines around $250,000, Chase business LOCs can extend as high as $500,000. If you need more than that, it also has a commercial credit line with limits over $500,000.
Where Chase’s business LOC falls short
- Requires collateral. Unlike many lenders, Chase doesn’t offer an unsecured line of credit, so you’ll need to have sufficient collateral to secure the loan.
- Annual fee. Chase charges an annual fee of 0.25% or $100, whichever is greater, up to a maximum of $750. However, the fee can be waived after one year if your 12-month average use is at least 40% of your credit limit.
- Doesn’t disclose all requirements. Chase only gives a few guidelines on what you’ll need to qualify and doesn’t include standard qualifications, like minimum credit score and revenue requirements.
- Not an option for startups. While Chase’s two-year time-in-business requirement may have some flexibility, the bank generally won’t approve new businesses.
Chase business line of credit details
| Minimum credit score/credit range | Undisclosed |
| APR | Prime + 2.2% to 7.15% (currently 8.95% to 13.9%) |
| Loan amount | $10,000 to $500,000+ |
| Terms | 5-year revolving period followed by a 5-year repayment period |
| Approval turnaround | Decision typically within 2 days |
| Availability | Not available in: Alaska, Hawaii |
| Fees |
|
| Other fees | Unknown |
Chase contact info
| Phone number | 800-242-7338 |
| Customer service hours | Phone support: 24/7 In-person: Varies by branch, but typically 9 a.m. to 5 p.m. weekdays |
| Not listed | |
| X, formerly Twitter | @ChaseSupport |
| @Chase |
How to qualify for Chase’s business line of credit
Chase doesn’t list all its qualifications, but here’s the minimum criteria you’ll need to meet:
- In business for at least two years.
- Under the same majority ownership two years or more.
- Consumer and/or business credit reports with no bankruptcies or judgments and proof of consistent on-time payments.
- A US-based business, not in Alaska or Hawaii.
There may be additional requirements, depending on how much you borrow, and you may also need to be a Chase business banking customer.
How to apply
Chase recommends you start the application process by calling your business relationship manager, if you have one, or by visiting a Chase branch near you. It also says you can apply online for loans up to $250,000, but it doesn’t specify how to do that.
How a Chase business line of credit compares to other lenders
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How we picked theseWhat is the Finder Score?
The Finder Score crunches 12+ types of business loans across 35+ lenders. It takes into account the product's interest rate, fees and features, as well as the type of loan eg investor, variable, fixed rate - this gives you a simple score out of 10.
To provide a Score, we compare like-for-like loans. So if you're comparing the best business loans for startups loans, you can see how each business loan stacks up against other business loans with the same borrower type, rate type and repayment type.
Chase reviews and complaints
| BBB accredited | No |
|---|---|
| BBB rating | A- |
| BBB customer reviews | 1.12 out of 5 stars, based on 829 customer reviews |
| BBB customer complaints | 3,630 customer complaints |
| Trustpilot Score | 1.3 out of 5 stars, based on 2,349 customer reviews |
| App Store Score | 4.8 out of 5 stars, based on 4,980,424 customer reviews |
| Google Play Score | 4.4 out of 5 stars, based on 1,785,312 customer reviews |
| Customer reviews verified as of | 15 December 2025 |
Most Chase reviews on the Better Business Bureau (BBB) and Trustpilot only refer to Chase consumer services like credit cards and bank accounts, and they’re mostly negative. Complaints include long holds on deposits, frozen accounts, problems disputing fraudulent transactions and poor customer service.
A few Chase business banking customers compliment the mobile app and friendly local branch employees, and some say they’re happy they switched to Chase from another national bank.
What do people on Reddit say?
However, other Redditors recommend getting a business line of credit from a local or regional bank or credit union rather than a national bank like Chase. But nearly as many Redditors maintain the opposite is true.
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