Business Loans
Bank Of America’s experienced lending staff includes individuals with local and mainland lending experience and business contacts.
By consulting with Bank Of America professionals early in the planning stages of your business acquisition, growth, or expansion, Bank Of America can help you make the right financing decisions best suited for your business needs. Bank Of America has the capacity to provide you with timely decisions on your loan requests and to finance loans of virtually any size. Bank Of America is an approved SBA 7A lender.
Commercial Real Estate Loans
Bank Of America specializes in providing a full range of commercial real estate financing products and services for all stages of real estate acquisition and development. We can structure financing terms appropriate for each stage of development of the property and the financial situation of the borrower. Bank Of America provides financing for all types of commercial real estate, including:
- Land Acquisition
Bank Of America provides term loans for land acquisition with amortizations up to 15 years.
- Construction
Bank Of America provides financing for the construction of owner-occupied, rental, and for-sale commercial real estate convertible into permanent financing loans with amortizations up to 20 years.
- Mature Properties
Bank Of America provides loans to acquire or refinance existing commercial properties with amortizations up to 20 years.
Business Term Loans
Bank Of America takes the time to get to know its customers’ business so we can be partners in developing customized loans with terms and conditions consistent with the business’s strategic objectives. Bank Of America provides term loans for many purposes, including:
- Business Acquisition Financing
- Equipment Purchase Financing
- Business Expansion Financing
- Existing Term Loan Refinancing
- Other Appropriate Long Term Financing
Business Line of Credit
Bank Of America provides lines of credit to help finance short term normal asset conversion cycles of our customers’ businesses.
