At least 2 years in business under existing ownership
Minimum $250,000 in annual revenue
Business Advantage
Secured Business Loans
Get capital for business projects
Get started with Secured Business Loan Get started with Secured Business LoanWhy use a secured business loan?
Expand your business or refinance debt with a loan secured by your choice of collateral. Our secured business loans feature low interest rates and convenient repayment terms.
Expand your business or refinance debt with a loan secured by your choice of collateral. Our secured business loans feature low interest rates and convenient repayment terms.
Expand your business or refinance debt with a loan secured by your choice of collateral.
Our secured business loans feature low interest rates and convenient repayment terms.
Loan amount
from $25,000
Fixed rates
as low as 3.50%Disclosure † Fixed rates
Loan terms
up to 4 years
when secured by
business assets
business assets
up to 5 years
when secured by
CDs
CDs
Origination fee
0.5%
of amount financed
Loan amount
from $25,000
Fixed rates
as low as 3.50%Disclosure † Fixed rates
Loan terms
up to 4 years
when secured by
business assets
business assets
up to 5 years
when secured by
CDs
CDs
Origination fee
0.5%
of amount financed
Qualifications:
Limited-Time Offer until
September 30, 2021:
Limited-Time Offer until
September 30, 2021:
Advertised as low as rate is effective as of April 1, 2020 and is subject to change. Your actual interest rate may differ based on your creditworthiness, overall business relationship with Bank of America and line amount. Subject to credit approval; some restrictions may apply.
Connect with a specialist to inquire about available products and services.
Applying is easy
Apply
Complete an application in-person or over the phone.
Get a decision
We'll work together to determine your loan amount and terms.
Access funds
Upon approval, a business lending specialist will help get financing in hand as soon as possible.
Prefer an unsecured business loan?
A Business Advantage Term Loan can help you get lump-sum working capital with no collateral required.
So much more than a loan
Free business credit score
View and monitor your business credit score for free, powered by Dun & Bradstreet.
