Bank of America Maintains Position as Leading Small Business Lender
CHARLOTTE, N.C., Sept. 16, 2025 /PRNewswire/ — Bank of America has secured its position as the foremost lender to small businesses in the United States for the 17th consecutive quarter, as reported by the Federal Deposit Insurance Corporation (FDIC).
The FDIC’s quarterly data reflects U.S. business loan balances for original loan amounts up to $1 million. Over the past four years (from Q2 2021 through Q2 2025), Bank of America has consistently held this leadership role, boasting total small business loan balances of $46.7 billion.
“As the premier small business lender, we are thoroughly committed to empowering businesses and nurturing local communities,” remarked Sharon Miller, president, Bank of America Business Banking.
“Regardless of your operational scale, whether local or national, we strive to be your trusted ally—offering small businesses essential access to capital, assisting in risk management, optimizing liquidity, and cultivating growth at every juncture of their journey.”
Empowering Business Growth
Small enterprises form the backbone of the U.S. economy. Catering to close to 4 million small business households across the nation, Bank of America recognizes the distinct challenges faced by these clients, providing tailored advice and solutions that adapt to their ever-evolving requirements.
The bank boasts a formidable network of local bankers entrenched in over 200 communities throughout the U.S. These professionals serve as a singular point of contact for business proprietors, linking them to a comprehensive array of offerings—spanning credit, deposit services, treasury products, merchant services, workplace benefits, and wealth management solutions.
As businesses expand, Bank of America supplies the necessary expertise, products, services, and acclaimed digital capabilities to facilitate their success.
Recently, Bank of America was distinguished as the “World’s Best Bank for Small and Medium-Sized Enterprises” and, for the 10th year consecutively, recognized as “North America’s Best Bank for Small and Medium-Sized Enterprises” by Euromoney.
About Bank of America
Bank of America stands as a preeminent financial institution, catering to individual consumers, small to mid-sized enterprises, and large corporations with a comprehensive suite of banking, investing, asset management, and financial risk management services.
The institution offers unparalleled convenience within the United States, serving around 69 million consumer and small business clients through approximately 3,700 retail financial centers and 15,000 ATMs. Additionally, its award-winning digital banking platform has approximately 59 million verified digital users.
As a global leader in wealth management, corporate investment banking, and trading across diverse asset classes, Bank of America supports corporations, governments, institutions, and individual clients worldwide. The company extends industry-leading support to nearly 4 million small business households through an innovative, user-friendly suite of online products and services.
Bank of America operates across the United States, its territories, and more than 35 countries. The corporation’s stock is listed on the New York Stock Exchange (NYSE: BAC).
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