Secured Business Loans at Bank of America

Loans from $25,000

Get capital for business projects

Get started with Secured Business Loan

Introducing a new benefit for Veterans of the US Military: 25% off loan administration or origination fees

Get capital for business projects

Get started with Secured Business Loan Get started with Secured Business Loan

Loan amount

from $25,000

Fixed rates

as low as 4.25%^{Disclosure † Fixed rates}

Loan terms

up to 4 years

when secured by
business assets

up to 5 years

when secured by
CDs

Origination fee

0.5%

of amount financed

Loan amount

from $25,000

Fixed rates

as low as 4.25%^{Disclosure † Fixed rates}

Loan terms

up to 4 years

when secured by
business assets

up to 5 years

when secured by
CDs

Origination fee

0.5%

of amount financed

Why 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.

Qualifications:

At least 2 years in business under existing ownership
Minimum $250,000 in annual revenue

Limited-time offer:

Enjoy a 2.99% interest rate for the first 12 months on a qualifying secured term loan
Loans that qualify must be between $250,000 and $2,500,000
Get access to capital with an SBA Express loan and take advantage of the SBA Express guaranty fee waiver available for a limited time.

NEW special benefit for veterans:

Take advantage of a 25% discount on loan administration or origination fees.
Offer valid for veterans of the U.S. Armed Forces on new credit facility applications submitted in Small Business on or after November 1st, 2019.

† Important rate and payment information disclosure expanded disclosure collapsed

Advertised as low as rate is effective as of December 1, 2019 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.

Loan amount

from $25,000

Fixed rates

as low as 4.25%^{Disclosure † Fixed rates}

Loan terms

up to 4 years

when secured by
business assets

up to 5 years

when secured by
CDs

Origination fee

0.5%

of amount financed

Loan amount

from $25,000

Fixed rates

as low as 4.25%^{Disclosure † Fixed rates}

Loan terms

up to 4 years

when secured by
business assets

up to 5 years

when secured by
CDs

Origination fee

0.5%

of amount financed

Qualifications:

At least 2 years in business under existing ownership
Minimum $250,000 in annual revenue

Limited-time offer:

Enjoy a 2.99% interest rate for the first 12 months on a qualifying secured term loan
Loans that qualify must be between $250,000 and $2,500,000
Get access to capital with an SBA Express loan and take advantage of the SBA Express guaranty fee waiver available for a limited time.

NEW special benefit for veterans:

Take advantage of a 25% discount on loan administration or origination fees.
Offer valid for veterans of the U.S. Armed Forces on new credit facility applications submitted in Small Business on or after November 1st, 2019.

† Important rate and payment information disclosure expanded disclosure collapsed

Get started with Secured Business Loan