Chase expands small-business services with mortgage discounts and payroll

Chase is expanding its service offerings for small-business customers through new mortgage incentives and integrated payroll tools.

The bank has expanded its Home Lending Relationship Pricing Program, allowing more than 7 million small-business clients to qualify for mortgage rate discounts by combining eligible business and personal deposit and investment balances held at Chase and J.P. Morgan. These discounts, which apply to residential financing such as conventional, jumbo, FHA, and VA loans, can reach up to 1 percentage point for customers who bring significant new assets to the bank.

Additionally, Chase is introducing Chase Payroll, a service integrated into the Chase Business Online platform. Powered by the technology firm Gusto, the new offering allows business owners to manage payroll, taxes, and employee payments within their existing banking interface. The move aims to assist small business owners with cash flow management and administrative efficiency by consolidating financial tools.