Wells Fargo Business Banking

Wells Fargo Business Banking is the small business and commercial lending division of Wells Fargo Bank, N.A., one of the four largest banks in the United States. Wells Fargo has an extensive branch network and digital banking platform serving small business customers across the country.

Wells Fargo Business Banking offers a wide range of products for small business owners including business checking and savings accounts, business credit cards, business term loans, lines of credit, commercial real estate loans and SBA loans. Wells Fargo is an active participant in SBA lending programs.

SBA loans are business loans partially guaranteed by the US Small Business Administration. Because the government backs a portion of the loan, banks like Wells Fargo can offer longer repayment terms and often lower rates than fully conventional business loans. SBA applications require more paperwork and take more time to process than standard bank loans.

Wells Fargo also offers conventional business loans and lines of credit for businesses that want a faster financing process or do not meet SBA eligibility requirements. Equipment financing is available for businesses that need to purchase machinery, vehicles or technology.

Wells Fargo has faced regulatory scrutiny and significant fines in recent years related to sales practices and account management issues. Business owners should be aware of this history and consider it alongside product terms when evaluating Wells Fargo as a banking partner.

Wells Fargo operates across all 50 states. If you are considering a Wells Fargo business loan, compare the offer against those from other large banks, community banks, credit unions and SBA lenders before making a decision.