Apply for an eligible Small Business loan or line of credit including a Small Business Administration (SBA) loan and reduce your rate by up to 0.25% when you transfer balances to Bank of America prior to closing. Learn More
Business Advantage
Secured Business Loans
Get capital for business projects
Why use a secured business loan?
Provides capital to expand your business, purchase a fixed asset or refinance your business secured by your choice of collateral.
Provides capital to expand your business, purchase a fixed asset or refinance your business secured by your choice of collateral.
Provides capital to expand your business, purchase a fixed asset or refinance your business secured by your choice of collateral.
Loan amount
from $25,000
Interest rate
as low as 6.50%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 financedadatext
Loan amount
from $25,000
Interest rate
as low as 6.50%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 financedadatext
Qualifications:
At least 2 years in business under existing ownership
Minimum $250,000 in annual revenue
Minimum $250,000 in annual revenue
Limited Time Offer:
Origination fee waiver
Applications submitted May 19th through September 30th, 2025 on secured term loans, including conventional, Small Business Administration (SBA) and Practice Solutions starting at $500,000. Exclusions Applyadatext
Applications submitted May 19th through September 30th, 2025 on secured term loans, including conventional, Small Business Administration (SBA) and Practice Solutions starting at $500,000. Exclusions Applyadatext
Get rewarded for your banking choicesadatext
Apply for an eligible Small Business loan or line of credit including a Small Business Administration (SBA) loan and reduce your rate by up to 0.25% when you transfer balances to Bank of America prior to closing. Learn More
Special benefit for veterans:
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.
Offer valid for veterans of the U.S. Armed Forces on new credit facility applications submitted in Small Business.
Advertised as low as rate is effective as of June 2nd, 2025 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.
What to Expect
Apply
Complete an application in person or over the phone.
Grow your business
Work with a specialist to finalize your line or loan and get the financing you need.
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
Expert insights
Explore financing options and cash flow strategies on the Center for Business Empowerment.
Free business credit scores
View your business credit scoresadatext for free, powered by Dun and Bradstreet.
