Small Business Banking

10/17/19 9:00 am EDT

Bank of America and Babson College today announced the findings of a new study of women entrepreneurs and how they overcome challenges to business growth beyond venture funding. The study, part of a larger research collaboration between Babson’s Center for Women’s Entrepreneurial Leadership (CWEL) and Bank of America Private Bank, found that women who have built successful companies had to navigate significant gender-based obstacles and, in doing so, created alternate paths to success for themselves and similarly unstoppable female entrepreneurs.

Findings from the study will be more...

10/2/19 9:00 am EDT

Women small business owners are poised to end 2019 on a high note, with 84 percent anticipating year-over-year revenue growth, according to the 2019 Bank of America Women Business Owner Spotlight. Future revenue projections and expansion plans have reached four-year highs, and are stronger among women entrepreneurs than their male counterparts. However, women continue to report barriers concerning access to capital and pay equality.

“Women business owners see a bright future more...

8/28/19 9:15 am EDT

Bank of America today announced that it has rewarded small business clients participating in Preferred Rewards for Business with approximately $175 million in benefits during the inaugural year of more...

5/21/19 11:00 am EDT

Bank of America President of Consumer and Small Business Dean Athanasia will participate in the Deutsche Bank Global Financial Services Conference on Tuesday, May 28 at 1:10 p.m. Eastern Time. A live audio webcast will be accessible through the Bank of America Investor Relations website at http://investor.bankofamerica.com. A replay will also be available.

 

 

Bank of America
Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market more...

5/14/19 2:00 pm EDT

Local entrepreneurs project a positive business outlook this spring and are increasingly confident in the D.C.-area economy, according to the spring 2019 Bank of America Business Advantage Small Business Owner Report. At the same time, D.C. entrepreneurs are less confident in the national economy, reporting mixed views on the impact of last year’s landmark tax reform and trade tariffs.

The report is based on a semiannual survey of over 1,500 small business more...

5/14/19 2:00 pm EDT

Local entrepreneurs maintain a strong business outlook this spring, anticipating revenue growth and opportunities for expansion in the year ahead, according to the spring 2019 Bank of America Business Advantage Small Business Owner Report. Economic confidence levels remain steady as New York City small business owners have mixed views more...

5/14/19 2:00 pm EDT

Local small business owners continue to project one of the strongest business outlooks nationwide this spring, according to the spring 2019 Bank of America Business Advantage Small Business Owner Report. At the same time, the report found that entrepreneurs in Miami-Dade, Broward and Monroe more...

5/14/19 2:00 pm EDT

Houston entrepreneurs are projecting a strong but more cautious business outlook this spring, with revenue expectations and expansion plans dipping over the last six months, according to the spring 2019 Bank of America Business Advantage Small Business Owner Report. Though area business owners more...

5/14/19 2:00 pm EDT

Local entrepreneurs see big opportunity in the year ahead, with significantly stronger business outlooks than the national average, according to the spring 2019 Bank of America Business Advantage Small Business Owner Report. Dallas/Fort Worth business owners maintain this confidence despite a slight softening in sentiment around the more...

5/14/19 2:00 pm EDT

Chicago small business owners maintain a strong business outlook this year, with many planning for revenue growth and expansion, according to the spring 2019 Bank of America Business Advantage Small Business Owner Report. Economic sentiment remains steady, but mixed, as entrepreneurs report varying views on the impact of tax reform and trade tariffs.

The report, more...

5/14/19 2:00 pm EDT

Local entrepreneurs are maintaining a strong business outlook this spring, with optimism toward all business growth indicators above the national average, according to the spring 2019 Bank of America Business Advantage Small Business Owner Report. At the same time, Atlanta entrepreneurs are less confident in the national economy, reporting concern over several economic issues and mixed views on the impact of last year’s landmark tax reform and trade tariffs.

The report, based on a more...

4/30/19 9:00 am EDT

U.S. entrepreneurs continued to project a strong business outlook this spring even as confidence in the national and local economy weakened, according to the spring 2019 Bank of America Business Advantage Small more...

3/5/19 9:00 am EST

Hispanic small business owners are confident about their 2019 business outlook, with strong majorities planning for increased revenue, growth and expansion – eclipsing their non-Hispanic counterparts by double-digits on all indicators. According to the third annual Bank of America Hispanic Small Business Owner Spotlight, 79 percent of Hispanic business owners plan to grow their business over the more...

2/6/19 9:30 am EST

Bank of America today introduced Business Advantage 360, a new digital dashboard designed to make it easier for entrepreneurs to manage the various financial aspects of their business. Available for the first time to any Bank of America client with a business deposit account, Business Advantage 360 provides a complete view of business cash flow and access to real-time expertise and guidance – all in one simple tool with new functionality.

Click on photo to view video:

more...

12/6/18 9:14 am EST

Today, Bank of America issued findings for the fall 2018 Bank of America Small Business Owner Report in 10 local markets – Atlanta, Boston, Chicago, Dallas/Ft. Worth, Houston, Los Angeles, Miami, New York City, San Francisco, and Washington, D.C. The Bank of America Small Business Owner Report is a biannual study exploring the concerns, aspirations and perspectives of small business owners throughout the U.S. and in 10 major cities.

This iteration of the report explores the evolving small business more...

12/6/18 9:00 am EST

Local entrepreneurs are finishing 2018 on a high note, with most D.C. small business owners anticipating year-over-year revenue growth while making plans to hire and expand in the year ahead, according to the fall 2018 Bank of America Business Advantage Small Business Owner Report. While the majority of business owners are pleased with the direction of the economy, D.C. entrepreneurs are struggling to land qualified employees in a highly competitive local job market.

The report, based on a semiannual survey more...

12/6/18 9:00 am EST

While a majority of local small business owners anticipate year-over-year revenue growth, San Francisco entrepreneurs are tempering their 2019 expansion plans in the face of declining economic confidence and an increasingly competitive hiring environment, according to the fall 2018 Bank of America Business Advantage Small Business Owner Report.

The report, based on a semiannual survey of 1,000 small business owners across the country and the greater San Francisco area, more...