Intuit’s Business-Loan Principal Purchases Rise 77% to $6.2 Billion

Intuit’s business-loan principal purchases rose about 77% to $6.2 billion in fiscal 2026, increasing the volume of financing it bought from its originating bank partner for small and midsize businesses.

The total covers principal on loans purchased during the 12 months ended July 31, 2026. The total compares with $3.5 billion in fiscal 2025 and $1.8 billion in fiscal 2024, making the latest figure more than three times the amount two fiscal years earlier.

Intuit offers a line of credit or term loan to small and midsize businesses. Businesses can use their data to qualify for capital through Intuit’s originating bank partner or from lenders on the QuickBooks Capital Marketplace.

At Intuit Connect in Las Vegas on Oct. 28, Todd Denbo, Intuit’s senior vice president of lending and commercial leader of Money, described using activity on the company’s platform to anticipate cash-flow gaps and offer credit. “We can see the expenses you’ve got queued up,” Denbo said. He described the data used in the lending operation as real-time, saying, “All of that is real-time.” Intuit Connect ran Oct. 26-28, following an earlier preview of the event published Oct. 24.

Intuit Intelligence draws on data from 10 million customers and tracks an average of roughly 625,000 attributes per business. QuickBooks reports combine ledger history, bank activity and predictive intelligence to give businesses a forward-looking view of cash flow.

The $6.2 billion measures principal Intuit purchased from a bank partner, not total U.S. small-business lending. Intuit also sold participation interests in loans with $2.1 billion in unpaid principal during fiscal 2026, compared with $543 million in fiscal 2025 and $323 million in fiscal 2024. Its business-loan portfolio held for investment had a net amortized cost of $1.5 billion as of July 31, 2026.