Your business relationship with us just got more rewarding

 

Get a rate reduction up to 0.25%1 when you transfer balances to Bank of America.

Get rewarded for your banking choices. Transfer funds to Bank of America and you may be able to reduce your interest rate on new financing.1

Here's how it  works2

Step 1

Either currently have — or open — a qualifying Small Business checking account.

Step 2

Apply for an eligible small business loan, line of credit or Small Business Adminstriation (SBA) loan.

Step 3

Before your loan or line closes, transfer funds from another financial institution into one or more Small Business checking, savings or investment accounts.

Transferred funds

Interest rate reduction

$50,000 – $99,999

0.13%

$100,000 or more

0.25%

 

We're here to help you get the financing2 you need so you can keep your business moving forward.

When you need capital to improve cash flow, attract top talent, purchase inventory or cover unexpected expenses, the ability to act quickly is vital to your company's growth.

Important: Practice Solutions loans, Franchise lending, Business Advantage Term Loans, Business Advantage Credit Line and Business Advantage Auto Loans are excluded.

This balance transfer interest rate reduction opportunity is available with our Preferred Rewards for Business3 for members who are already enrolled in the program.