Diversity Lender
Bank of America
Small Business Financing for Diverse Entrepreneurs
Loan Amount
Varies
Rate
Competitive rates
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Program overview
How Bank of America's diversity lending program works.
Part of Bank of America's $1.25 billion commitment to advance racial equality and economic opportunity. Provides small business loans and resources specifically for Black entrepreneurs and diverse business owners.
Certifications accepted
Which certifications qualify a business for this program.
Bank of America's diversity lending program is open to businesses holding any of the certifications below. Lenders verify the certification at underwriting, so the certificate needs to be active and in good standing at the time you apply.
Underwriting requirements
Minimums Bank of America sets at application.
Diverse-owned small businesses
What else this certification opens
Corporate buyers that accept the same certifications.
The certifications Bank of America accepts also unlock the corporate supplier diversity programs below. So the same certification that gets you working capital here can register you as a supplier with these companies.
Compare other lenders
Adjacent diversity lending programs.
Before you borrow
Diversity lenders verify certification at underwriting.
Almost every diversity lender requires an active diverse-business certification on file before approving a loan. The quiz checks which certifications you qualify for and matches them to the lenders that recognize each one, so you can sequence the certification first and the financing second instead of getting denied at underwriting.