Minimum vehicle value of $10,000, maximum vehicle age of 5 years, less than 75,000 miles.
Mon-Fri 8 a.m. – 10 p.m. ET
Small Business Auto Loans
Business Advantage Auto Loans
Loans
Loan amount
from $10,000
Terms
Loan terms
48-72 months
Fees
Fees
no application fee
Loans
Loan amount
from $10,000
Terms
Loan terms
48-72 months
Fees
Fees
no application fee
Requirements:
Advertised as low as APR’s (annual percentage rates) are effective as of February 16, 2018, are subject to change and assumes excellent borrower credit history. Your actual APR may differ based on your credit history, approved loan amount, term, state of residence and applicable discounts, such as Preferred Rewards. These discounts will be reflected in your individual APR quote if you are approved for a loan.
Example: A 5-year, fixed-rate new car loan for $44,000 would have 60 monthly payments of $796.31 each, at an annual percentage rate (APR) of 3.29%.
Example: A 5-year, fixed-rate new car loan for $44,000 would have 60 monthly payments of $796.31 each, at an annual percentage rate (APR) of 3.29%.
Applying is easy
Apply online
Quickly apply online with no application fees.
Lock in your rate
Your 30-day rate lock gives you time to shop knowing exactly what you can afford.
Go get your vehicle
Upon approval, receive a check made payable to the seller or dealer.
Check your loan status, upload or download documents online at anytime.
Need a commercial vehicle?
Vehicles over 2.5 tons can be financed through a Bank of America Equipment Loan.
Top FAQs
How is my APR (annual percentage rate) determined?
What types of vehicles can I purchase with a Business Advantage Auto Loan?
Tax implications of leasing
Consider these 4 tax implication in your decision-making process when you decide to lease or buy.
