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Wells Fargo

Listed
Bank for business lines of credit and working capital loansSioux Falls, South DakotaBased in South Dakota; service area not yet provided
BBLL 000729Listed Oct 2026From public recordsLast checked Oct 31, 2026
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About

Wells Fargo offers unsecured BusinessLine credit for smaller working-capital needs and a separate secured Prime Line for larger facilities. The products have different limits, costs and documentation.

Bank. Lends to businesses from its own deposits.

This entry starts from public records. The lender fills in the rest when it claims the entry, which is free.

What they lend

Business lines of creditWorking capital loans
From the lender's own site and public records.

A second look at Wells Fargo

Wells Fargo offers unsecured BusinessLine credit for smaller working-capital needs and a separate secured Prime Line for larger facilities. The products have different limits, costs and documentation.

Direct lender: Wells Fargo Bank, N.A.

Published by Levr, not by Wells Fargo. This is a source-based profile and editorial assessment, not customer reviews or a promise of approval. Sources checked October 31, 2026.

Visit the official provider website →

Programs and published requirements

Compare the specific program and legal funding entity on your offer. Advertised limits and minimums do not guarantee eligibility or your price.

BusinessLine

Limit
$10,000–$150,000; requests above $100,000 go through a relationship manager or branch.
Eligibility
At least six months operating and personal credit typically 680 or higher; applicant must be an owner and provide a physical address.
Security
Unsecured revolving facility, but owners holding at least 25% must guarantee, with guarantors representing at least 51% combined ownership.
Pricing
Variable Wells Fargo Prime plus 1.75%–9.75%, depending on credit; this is not a universal APR.
Annual fee
Waived in year one; thereafter $95 for $10,000–$25,000 limits and $175 above $25,000.
Structure
No annual review. Routine online transfers, checks and Bill Pay carry no access fee; other transaction methods may incur fees.

Provider sources: BusinessLine product · Customer agreement

Prime Line of Credit

Limit and security
$100,000–$3 million; secured by non-real-estate business assets such as receivables, inventory or equipment.
Costs
Prime-based variable pricing subject to a 5% floor; annual fee 0.25% of limit. No cash advance fee during the draw period.
Repayment and documentation
Monthly interest-only payments on amounts drawn. Additional documentation includes two years of personal and business returns, financial statements and a personal financial statement.
Banking relationship
Wells Fargo business deposit account must be open and in good standing.

Provider sources: Credit-line FAQ · Current business banking products

When it may fit

Our assessment of the published programs

  • BusinessLine is worth comparing for ongoing operating expenses where an owner accepts personal guarantees.
  • Prime Line may fit larger asset-backed working-capital needs with financial statements available.

What to weigh carefully

  • The BusinessLine credit/history thresholds do not establish eligibility for Prime Line.
  • Unsecured does not mean owners have no personal liability.
  • Ask about transaction-specific fees and how outstanding principal is due when a secured line matures.

Questions before you accept an offer

  1. Which credit-line product is being quoted?
  2. What spread, rate floor, annual fee and transaction fees apply?
  3. Who must guarantee, and which assets are pledged?
  4. When must the principal be repaid, and what happens if renewal is declined?

Ask for written terms. Compare net cash received, total repayment, fees, payment timing and early-payoff costs for the same financing need.

Prepare your comparison

Use the same questions and figures for each offer you receive.

Alternatives to research

These are options for a related financing need, not a ranking or a claim of equivalent eligibility or pricing.

Bank of America

Compare Bank of America revolving credit and annual fees.

Chase

Compare Chase small-business and commercial lines with their separate terms.

The lender

Type
Bank
Legal name
Wells Fargo Bank, National Association
Founded
1870
Charter
Not yet provided Add it
Headquarters
Sioux Falls, South Dakota
Service area
Based in South Dakota; service area not yet provided
Meets in person
Not yet provided Add it
Languages
Not yet provided Add it
Program approvals
Not yet provided Add it
Also lends to consumers
Not yet provided Add it
Website
wellsfargo.com
LinkedIn
Company page

Loan officers at this lender

No loan officers listed yet. Work here? Claim your profile.

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