Limited-time offer on fixed-rate commercial real estate secured loans

Fee waivers 1 include:
• Loan packaging, loan processing and miscellaneous fees on Practice Solutions commercial real estate secured loans.
• Bank portion fee of permanent SBA 504 term loan.
• Bank packaging fee on SBA 7(a) and SBA Express loans.
• Appraisal fee on owner-occupied commercial real estate secured loans if ordered by Bank of America.

To learn more about Bank of America Practice Solutions: 800.497.6076

1 For the limited time beginning with new credit applications submitted May 1, 2022, through September 30, 2022, take advantage of the following promotion:
A promotional interest rate of 2.99% for the first 12 months on qualifying approved new and refinanced Small Business conventional and SBA term loans that are secured by collateral. Qualifying secured term loans are those with single fixed interest rates
and no draw, revolving or interest only periods. The promotional rate supersedes other rate discounts during the promotional period. A waiver of the bank portion of certain fees for the approved qualifying fixed rate secured term loans will also be included.
These fees may be categorized as loan origination, loan packaging, loan processing, permanent, or miscellaneous fees, depending on the approved product. Any and all fees or costs not specifically waived shall apply and will be due and payable by you at or
before closing.
Bank ordered appraisal fees on approved qualifying real estate secured term loans will also be waived (however, appraisal fees not directly ordered by Bank of America will not be waived or paid by Bank of America). The appraised real estate must meet the
bank definition of owner-occupied, which will be determined in underwriting but has a general requirement of 51% occupancy by the borrower or affiliated company. Any and all fees or costs not specifically waived shall apply and will be due and payable by
you at or before closing.
To be eligible for this promotion, the qualifying secured term loan must close and fund by January 31, 2023. This offer is only for qualifying secured term loans described above with a minimum approved amount of $100,000 and a maximum approved
amount of $5,000,000. All credit terms and repayment structures are subject to credit approval. Bank of America credit standards, collateral and documentation requirements apply. Other restrictions may apply. Small Business Administration (SBA)
collateral and documentation requirements are subject to SBA guidelines. SBA financing is subject to approval through the SBA 504, SBA 7(a) and SBA Express programs. Exclusions include, but are not limited to, variable rate loans, franchisor guaranteed
lending programs, Practice Solutions loans not secured by commercial real estate and the refinancing of existing Practice Solutions loans.
All promotional and marketing materials are Bank of America Practice Solutions property and, as such, cannot be changed, altered or modified, orally or in writing. All questions regarding these materials should be directed or referred to a Bank of America
Practice Solutions Sales Associate.
OOCRE: For Owner-Occupied Commercial Real Estate loans (OOCRE), terms up to 25 years and 51% occupancy are required. Real Estate financing options are subject to approval and product availability is subject to change. For SBA loans, SBA eligibility and
restrictions apply.
Bank of America Practice Solutions is a division of Bank of America, N.A. Bank of America and the Bank of America logo are registered trademarks of Bank of America Corporation.
©2022 Bank of America Corporation. | MAP4671659 | FL-04-22-0025.E | PS-551-FL | 05/2022


Since 1996, Bank of America Practice Solutions has helped dentists across the nation reach their goals through smart financial solutions and helpful guidance.

Whether dentists are starting a practice or expanding to new horizons, customized financial products are available to help turn their dreams into reality.

Starting a practice is one of the greatest accomplishments in a dentist’s career, but it can also be one of the most challenging. As with any new business, these challenges come early, particularly with securing a loan, staffing, and building a strong marketing plan to fill the operatories. Conquering these obstacles becomes far more manageable with an experienced lender.

The unique Start-up financing offered by Bank of America is an all-inclusive package, including:

  • Flexible rates and flexible terms
  • Optional rate lock to protect against interest rate changes
  • Interest-only and graduated payment options to give ample time to grow without cash flow restrictions

As a national lender, Bank of America not only offers a strong lending solution for new startup practices, but also compliments the loan with turn-key business solutions such as merchant services, easy check deposits, business checking and online banking. Working with a lender that offers a full suite of products to help fulfill a dentist’s banking needs from top to bottom can be helpful when transitioning to practice ownership.

Bank of America focuses on three phases of starting a new practice:

Phase one is obtaining loan approval with the ability to lock in the borrower’s interest rate for up to 4 months, while finalizing leasehold or real estate space.

Phase two happens post lease signing, during the construction period. During this time, borrowers can make payments daily to vendors for construction, equipment, and marketing for up to 10-months of the project period, guarding against any potential construction delays.

Phase three occurs once the practice opens for business. New practice owners benefit from Bank of America’s complimentary Practice Heartbeat program the management, analytic and competitive skills crucial to practice ownership.

To learn more about practice startup loans and current promotional rates available through Bank of America, visit or call 800.497.6076.

Work with someone who understands dentistry

When you need financing for your dental practice, you want to work with someone who understands your industry. For over twenty years, Bank of America Practice Solutions has helped dentists across the nation reach their goals through smart financial solutions1 and expert guidance. Whether you own a practice or are just getting started, we can provide customized financial help for your short-term needs and long-term aspirations.