Buy:
Whether you’re buying equipment, a business or a building we can help. We’ll provide a streamlined loan process to get you the capital you need.
Build:
Our experienced team of experts can assist you with leasehold improvements, additions or expansions to your existing building, and ground-up construction financing.
Expand:
Ready to take your business to the next level? Grow your operations with customized financing solutions that help you achieve your goals.
Bank of America is part of the Preferred Lenders Program (PLP)
SBA loans offer convenient financial options for almost any business purpose. These programs offer long terms, low down payments and reduced collateral requirements. adatext
As a U.S. Small Business Administration (SBA) Preferred Lender, we can show you how to put these SBA programs to work for your business.
Qualifications:You own and operate a for-profit business. Your business is legally organized as a sole proprietorship, corporation, partnership or LLC
Take advantage of a 25% discount on loan administration or origination fees. adatext
Offer valid for veterans of the U.S. Armed Forces on new credit facility applications submitted in Small Business.
With an SBA loan from Bank of America, you can help keep your small business moving.
As a Small Business Administration Preferred Lender, we know how important it is for your business to reach that next milestone.
Our SBA-backed loans can help you expand a business, purchase or improve commercial real estate, fund new inventory, or purchase new equipment.
Whether you need $25,000 or $5 million, SBA loans offer easier qualification, longer terms, and lower down payments on fixed assets than most standard loans.
Our knowledgeable Small Business Specialists are available to help determine if an SBA loan is right for you, and how much you may need.
It's important to find new ways to grow your business and stay one step ahead of the competition.
Keep thinking bigger with an SBA loan from Bank of America.
On screen copy:
What would you like the power to do?®
Talk with a Small Business Specialist about SBA loans today.
On screen copy:
Bank of America® logo
Talk with a Small Business Specialist about SBA loans today.
America's #1 business lender
Small Business Administration (SBA) Preferred Lender
On screen disclosures:
All programs subject to credit approval and loan amounts are subject to creditworthiness. Bank of America may prohibit use of an account to pay off or pay down another Bank of America account. Other underwriting standards and restrictions may apply. Small Business Administration (SBA) financing is subject to approval through the SBA 504 and SBA 7(a) programs. Loan terms, collateral and documentation requirements apply. Actual amortization, rate and extension of credit are subject to necessary credit approval. Bank of America credit standards and documentation requirements apply. Other restrictions may apply.
Owner occupied commercial real estate will be determined in underwriting and requires occupancy by the borrower/guarantor. Please note SBA guidelines require at least 51% occupancy to be considered Owner Occupied.
Bank of America and the Bank of America logo are registered trademarks of Bank of America Corporation. ©2023 Bank of America Corporation.
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Bank of America meets all SBA Preferred Lender Program eligibility criteria, including proficiency in processing and servicing SBA-guaranteed loans. Talk to a small business specialist by phone or in person to get a recommendation and start your application.
