Chase Business Loans Review
Chase business term loans isn't available on Finder right now.
- Min. Amount
- $5,000
- Max. Amount
- $500,000
- APR
- Varies by loan type
Our verdict
Contact your local branch to find out if this option is available to you.
Chase provides business lines of credit, term loans and commercial real estate financing. It’s also an SBA preferred lender offering 7(a), 504 and Express loans. Loan amounts range from $5,000 to $5 million, making them accessible to a wide range of businesses. Plus, it has competitive rates and a relationship pricing program, which can further lower your rate. But it doesn’t disclose rates for all loan types, you can only apply online for loans of $250,000 or less and you typically need to have at least two years in business to qualify. You may also have to pay prepayment penalties, and some loans charge origination or other fees.
Best for: Established business with good to excellent credit.
Pros
-
Multiple loan options
-
Competitive rates
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Relationship discounts on loans of $500,000+
Cons
-
Doesn’t disclose rates on all loan products
-
Typically requires at least two years in business
-
Charges prepayment penalties and other fees
Are Chase business loans 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 Chase business loans shine?
- Multiple loan options. Chase offers a variety of business loans, including term loans, LOCs, commercial real estate financing and SBA loans. It’s also an SBA preferred lender.
- Competitive rates. Because Chase is a large national bank, it can typically offer lower rates than some lenders. However, this is not strictly true across the board because even online lenders can sometimes offer bank-level rates.
- Relationship discounts. For Chase business loans over $500,000, you may be eligible for relationship discounts from .4% to 1.2% on new business loans and lines of credit.
- Range of loan amounts. Chase’s minimum loan amount is $5,000, which is lower than many traditional banks’ minimums, making it more accessible to smaller businesses. Its loans also reach as high as $5 million.
- Branch accessibility. Chase has more than 5,000 branches in all states, except Alaska and Hawaii, which is a plus because you may need to visit a branch to apply.
- Offers business credit cards. Chase also offers business credit cards, which may be a good option if you can’t qualify for its business loans.
Where Chase business loans fall short
- Doesn’t disclose rates. Chase only reveals a range of rates on some of its loan products. For example, it lists rates for a business line of credit (LOC) as Prime + 2.2% to 7.15%, but it fails to give a range for other loan options. This lack of transparency can make it harder to compare Chase with other lenders.
- Stricter requirements to qualify. Compared to some alternative lenders, Chase likely has stricter eligibility requirements for loans. For instance, you’ll typically need at least two years in business to qualify. And, while it doesn’t list a minimum credit score, large banks usually only lend to borrowers with personal credit scores of at least 670.
- Fees. Chase charges prepayment penalties on loans over $250,000, meaning it charges extra for repaying your loan early. It also charges origination fees on some loans and annual fees on its business LOC.
- Slower funding than some options. Chase doesn’t specify exactly how long it takes to complete the application process, but there are online lenders that promise approval and funding within 24 hours.
Chase business loan details
| Minimum credit score/credit range | Undisclosed |
| APR | Varies by loan type |
| Loan amount | $5,000 to $5,000,000 |
| Terms | Up to 25 years |
| Approval turnaround | Typically within 2 days |
| Availability | Not available in: Alaska, Hawaii |
| Fees | Varies by loan type and amount, but may include:
|
Chase business loans contact info
| Phone number | 800-242-7338 |
| Customer service hours | Not listed |
| Not listed | |
| X ,formerly Twitter | @Chase |
| @Chase |
How to qualify for Chase business loans
Unlike some business lenders, Chase doesn’t list minimum credit or revenue requirements, but here’s what it does specify you need:
- At least 2 years in business
- Under the same majority ownership for at least 2 years
- Consumer and/or business credit reports that are free of bankruptcies or judgments and show a history of consistent on-time payments
You may also need to be a Chase business banking customer, although this isn’t specifically spelled out.
How to apply
Although Chase states that you can apply online for loans up to $250,000, it doesn’t explain how to do that and it’s not clear from its website. Your best bet is to call your local branch and set up an appointment to review your options.
How Chase business loans compare to other lenders
Compare other products
We currently don't have that product, but here are others to consider:
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 business loans reviews and complaints
| BBB accredited | No |
|---|---|
| BBB rating | A- |
| BBB customer reviews | 1.13 out of 5 stars, based on 828 customer reviews |
| BBB customer complaints | 3,624 customer complaints |
| Trustpilot Score | 1.3 out of 5 stars, based on 2,336 customer reviews |
| Customer reviews verified as of | 01 December 2025 |
There are no specific profiles for Chase business loans on the Better Business Bureau (BBB) or Trustpilot, and the general Chase reviews and complaints are largely negative. However, most of the comments are about banking and credit card issues, not business loans.
But there are some positive comments from people who use Chase for their business banking. Most reviewers praise the quality of the customer service and the convenience of being able to handle most of their business banking needs online or through Chase’s mobile app.
What do people on Reddit say?
But others say it can be very tough to get a business loan from Chase — even as a business banking customer — unless your business is well-established with strong financials. Many suggest going through a local or regional bank or credit union instead, which may be more sympathetic toward small businesses.
Frequently asked questions
Your reviews
Lacey Finder
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Ellie
March 23, 2019
Hi Lisa,
Thank you for getting in touch with Finder.
The standard equity injection required for SBA loans is 10%. None required for their standard business term loan. I hope this helps.
Thank you and have a wonderful day!
Kind regards,
Ellie
Lisa Moore
March 22, 2019
What is the amount of equity injection ? 10% 20%