Bank of America
Bank of America provides industry-leading advice, connections, tools and solutions to businesses of all sizes, along with dedicated support to address their unique needs to bank how, where and when they want. We are focused on delivering resources and information to help our business clients navigate what’s happening now and prepare for what’s next.
Contact Information
General Information
Maryam Tayeri | SVP, Small Business Banker Manager | (240) 278-8199 | maryam.tayeri@bofa.com
Advisory Services Offered
Products & Services
Products & Interest Rates
- Secured term loans
- Unsecured term loans
- Secured lines of credit
- Unsecured lines of credit
- Business credit cards
Loans Offered
- Small business microloans:
- Under $5k
- $5,001 – $50k
- Small business loans:
- $50,001 – $150k
- $150,001 – $250k
- greater than $250,001
SBA & Other Products
- 7(a) loans
- 504 loans
Eligibility & Requirements
General Requirements †
- Personal Credit Score:
Varies by loan product - Business Credit Score:
Varies by loan product - Personal Guarantee:
Yes - Collateral:
Varies by loan product - Number of Months Financial Statements:
Varies by loan product - Years in Operation:
Generally, 2 years - Annual Revenue:
Varies by loan product
Ineligible Loan Uses ‡
- Unsatisfactory credit history, insufficient financial documentation.
- Adult entertainment, crypto/digital currency, cannabis
† Note: These are generally required
‡ Items, industries, and/or purposes that are not eligible for financing
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