Business Loan Bank Of America

What is the qualification for apply Bank Of America Business Loan will you plz tell me as I want to apply for the same here ??

As you want here I am telling require qualification for apply Bank Of America Business Loan:

Qualifications:

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

Bank profile :
Type Public company
Traded as NYSE: BAC
S&P 100 Component
S&P 500 Component
ISIN US0605051046
Industry Banking, Financial services
Predecessor Bank America
NationsBank
Founded October 17, 1904; 112 years ago (as Bank of Italy)
February 1930; 87 years ago (as Bank of America)
October 2000; 16 years ago (current)
Founder Amadeo Giannini
Headquarters Charlotte, North Carolina
Number of locations 4,600 retail financial centers & approximately 15,900 automated teller machines
Area served Worldwide
Key people Brian Moynihan
(Chairman and CEO)
Products Consumer banking, corporate banking, insurance, investment banking, mortgage loans, private banking, private equity, wealth management, credit cards,
Revenue US$89.701 billion (2016)
Net income US$17.906 billion (2016)
AUM US$886.148 billion (2016)
Total assets US$2.187 trillion (2016)
Total equity US$266.84 billion (2016)
Number of employees 208,000 (2016)
Divisions Bank of America Home Loans, Bank of America Merrill Lynch
Subsidiaries Merrill Lynch
Merrill Edge
U.S. Trust
Capital ratio 10.8% (2016)
Rating Long Term Senior
Moody's: Baa1 (10/2016)
S&P: BBB+ (10/2016)
Fitch: A (10/2016)

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Answered By StudyChaCha Member