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.

Source: TokenPost