Bank of america business loan phone number

Q: How do I contact Bank of America business?

Log in to Online Banking (go to the Information & Services tab for your account) Call 888. BUSINESS (888.287. 4637)

Q: What do I need to get a business loan?

Business Loan Requirements: 7 Things Youll Need to Qualify.

Loans from $25,000

Buy, refinance or use your equity

up to 10 years

with balloon
payment

up to 15 years

with full
amortization

up to 10 years

with balloon
payment

up to 15 years

with full
amortization

Why use a commercial real estate loan?

Purchase the land or commercial property your business needs.
Leverage your equity to expand or remodel as your business grows.

Qualifications:

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

Limited-Time Offer::

Fee Waiver: origination and appraisal fee waivers on secured term loans including commercial real estate and select SBA loans
Loans from $100,000.
Apply by January 13th and close by July 12th, 2023

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.

Advertised as low as rate is effective as of November 1, 2022 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.

up to 10 years

with balloon
payment

up to 15 years

with full
amortization

up to 10 years

with balloon
payment

up to 15 years

with full
amortization

Qualifications:

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

Limited-Time Offer::

Fee Waiver: origination and appraisal fee waivers on secured term loans including commercial real estate and select SBA loans
Loans from $100,000.
Apply by January 13th and close by July 12th, 2023

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.

Calculate your monthly loan payment

Buy, Refinance, or Expand Today

Apply

Complete an application in-person or over the phone.

Finalize Terms

We'll work together to determine your loan amount and terms.

Gather financials

A lending specialist will work with you to gather any financial documentation needed.

Small Business Administration (SBA) financing

Bank of America financing guaranteed by the SBA may be right for your business. SBA 504 (suitable for commercial real estate loans of $350,000 and above), SBA 7(a) and SBA Express programs generally provide you with lower down payments and longer financing terms.

Connect with us

Practice Solutions: Loans For Health Care Professionals

Call to get started 800.497.6076

Dental practice loans

Rely on our industry knowledge to find the right financing for your practice.

Veterinary practice loans

Move your practice forward with financing options to help you meet your goals.

Medical practice loans

Finance your practice with solutions designed to meet your specific needs.

Connect with us

800.497.6076

Mon-Thu 8 a.m. – 8 p.m. ET
Fri 8 a.m. – 7 p.m. ET

800.497.6076

Mon-Thu 8 a.m. – 8 p.m. ET
Fri 8 a.m. – 7 p.m. ET

How do I contact Bank of America business?

How long does it take for a business loan to be approved?

While some loans offer quick funding the same day you apply or within 24 hours, others take weeks or even months. If you opt for a traditional business loan from a bank, for example, you'll likely have to wait several weeks to get approved and receive the money.