PARTNERING LOCALLY

Small Business Support

Helping small businesses grow with $17.7 billion in new credit.*

Helping Small Business Fuel the Economy

Whether you work for a small business or rely on one for the things you need, we all understand the critical role that startups and expanding businesses play in our communities and our lives. That’s why we continue to do everything we can to partner with entrepreneurs and small business owners. These stories highlight local lending and investing, personal ingenuity, and a passion to create and retain jobs and offer new products and services. We hope they remind you of what we can achieve together.

Protecting Charlotte’s Manufacturing Engine

Jul 16, 2012

When a car broke down in 1924, there were few options available. So when traveling salesman I.D. Blumenthal had his car’s radiator repaired by a Charlotte mechanic’s ‘magic powder,’ he instantly recognized its potential. I.D. partnered with the tinsmith and Solder Seal® became the first product of Radiator Specialty Company. A Company that continues to be owned and operated by The Blumenthal Family of Charlotte…  learn More about Protecting Charlotte’s Manufacturing Engine

Helping a Third-Generation Precision Stamper in Chicago Retool to Meet Demand

Jul 18, 2012

Three years ago, Wiegel Tool Works was faced with a challenge many companies would like to have. After having weathered the downturn of 2009 thanks to Wiegel’s conservative focus, the company saw demand for their products pick up and had to consider whether they had the manufacturing capacity and financing they needed in place…  learn More about Helping a Third-Generation Precision Stamper in Chicago Retool to Meet Demand

Salon Marsof hair stylist giving hair cut to client

A Mother-Daughter Team’s Salon Dream

Jul 19, 2012

When she was a little girl, Maria Poulos would watch her mother, Sofia, style women’s hair. Using her “finger scissors”, Maria would pretend to cut her friends’ hair as Sofia worked with customers…  learn More about A Mother-Daughter Team’s Salon Dream

Bank of America Releases Inaugural Small Business Owner Report

Jun 20, 2012

The Small Business Owner Report explores the concerns, aspirations and perspectives of small business owners across the country. The survey uncovers a sense of optimism about their own business as they look toward the future 12 months…  learn More about Bank of America Releases Inaugural Small Business Owner Report

Growing Small Businesses: BUILT merges fashion and function for people on the go

The expansion of BUILT, one tote at a time

Oct 22, 2012

In 2003, industrial designers Aaron Lown and John Roscoe Swartz started BUILT, a New York-based design company that makes stylish bags and accessories for people on the go. Their founding philosophy was simple: Good design can make everyday life better…  learn More about The expansion of BUILT, one tote at a time




*$17.7 billion in new credit to small businesses in 2011 (includes both new originations and renewals).

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