Bank of America Small Business Helps Small Business Owners
Bright Home Solutions Improvement is a woman-owned company, owned by Nancy. She opened her account 4 years ago when she started her company and has grown so much since then.
When we met with Nancy we discussed her business priorities and talked about her limitations to continue to expand the business, she mentioned having cash flow gaps because she had to wait for payment from projects until the construction was completed. This caused her to use her personal funds for payroll purposes and limited her ability to continue to grow the business.
We advised that a business line of credit will be beneficial and would be able to help alleviate the cash flow gaps. Nancy applied and received an offer for line of credit that has and will help her to continue to grow her business.
About: Bank of America Small Business helps Small Business Owners (revenues from $0-$5 million) with everything; starting with opening a brand new business account and continuing to complex lending. Bank of America offers a variety of solutions for any business, helping with payments and invoicing, collecting payment from clients, paying your employees and offering great promotions for lending.
