SMALL BUSINESS Small businesses make every move matter

To celebrate small business owners, we’re highlighting some of our client spotlights. Is your business ready to make moves? Our team of small business specialists can help with advice, guidance and seamless resources.

Spotlighting small business owners

Lighting the way

When Mei Xu immigrated to the US from China, she gave up one dream to pursue another. She had trained as a diplomat for years but wanted to start her own business. Working with Bank of America, she found a partner that understood her challenges and financial needs. Today, Mei brings beauty and light into people’s lives as founder of Yes She May and household name, Chesapeake Bay Candle.

Business community faces lack of technology resources

Accessing financial tools to overcome challenges

Discover how Bank of America’s commitment to an innovative organization helped provide educational workshops, technical assistance, business mentorships and access to capital for minority-owned small and disadvantaged businesses in a community facing a lack of technology resources and long-standing racial and economic inequalities. Read the story.

Exclusive Gamechangers Podcast

Listen to this special podcast featuring Sharon Miller, President of Small Business and head of Specialty Banking and Lending at Bank of America, who has played a pivotal role in helping small businesses across the country thrive. Hear Sharon’s insights on the small business landscape, the challenges that women and minority business owners face and the priorities of AAPI business owners.

A legacy of learning

A first generation Cambodian American, Tiffany Sorya was inspired by the struggles and triumphs of her parents. Through them, she inherited a life-long love of learning and the courage to succeed. Now she’s paying her legacy forward as CEO and founder of an innovative education agency that provides customizable homeschooling and private tutoring services for PreK-12 students.

Diverse Viewpoints: Exploring Wealth in the AAPI Community

Diverse Viewpoints: Exploring Wealth in the AAPI Community

To better understand the financial priorities of the Asian American Pacific Islander community, Merrill partnered with the LA Times to develop compelling videos to spotlight the financial journeys of AAPI individuals. Their inspiring stories shed light on the importance of identity, family, and achievement in the AAPI community. Visit our new AAPI Community page to hear their stories and how they’ve achieved success and grown their wealth.

An expert’s tips for gaining access to capital

An expert’s tips for gaining access to capital

Having immigrated from China to the U.S. in her youth, Aliyah H. Fan learned what it means to stretch every dollar from parents who worked hard to provide for her extended family. Now a vice president and small business banker with Bank of America, she’s on a mission to find financing for small businesses and empower them to succeed. Read more.

Second Life Podcasts

Second Life Podcasts

Tune in to these enlightening podcast episodes featuring guest speaker Carol Lee Mitchell, SVP of Small Business and Specialty Lending at Bank of America, as she provides valuable insights into the challenges small business owners face, the latest trends in the workplace and a special peek into the mindsets of small business owners through the lens of a prospective lender. Listen to the episodes here and here.

Business Advantage Diversity Information Hub

Visit here often to explore a wealth of resources, content and insights curated especially for minority-owned businesses.
Bank of America’s commitment to equality and opportunity.

Bank of America’s commitment to equality and economic opportunity

See how we’re connecting diverse people and communities to good jobs, ensuring access to health care, providing equal access to capital and building a solid base of affordable housing.

2022 Women & Minority Business Owner Spotlight

2022 Women & Minority Business Owner Spotlight

Report reveals that Asian American Pacific Islander business owners benefit from strong family support systems and feel optimistic about the future.

Access to Capital Directory

Access to Capital Directory

Bank of America’s Access to Capital Directory is a comprehensive database designed to help business owners learn about sources of funding, including equity, loans and grants.

Download the 2023 Small Business Owner Report

2023 Small Business Owner Report

Our latest annual study reveals that a majority of small business owners anticipate revenue increases and nearly half plan to expand in the year ahead.

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