Bank of America Business Line of Credit Review 2026

Editorial confidence (30%), cost (25%), value (25%), accessibility (20%) — scored consistently across every product, independent of compensation.

Cash Reserve is Bank of America's overdraft-style revolving credit line linked to a BofA Business Advantage checking account. It provides access to revolving credit (up to $100K) that automatically draws to cover overdrafts or can be tapped manually. Unlike a standalone business LOC, Cash Reserve is tied to the checking relationship and is easier to qualify for — but it caps lower. Businesses needing more than $100K in revolving credit need to apply for the full Business Line of Credit product.

Bank of America's business line of credit typically requires a 680+ personal FICO score, 2+ years in business, documented profitability, and an existing BofA Business Advantage checking relationship. The checking relationship gives underwriters direct access to your cash-flow history, which strengthens the application. Verify the current eligibility criteria at bankofamerica.com/smallbusiness.

Bank of America business lines of credit are typically variable-rate products priced at Prime + a spread. The Wall Street Journal Prime Rate moves with the Federal Reserve's target rate — when the Fed raises rates, your LOC cost increases; when the Fed cuts, your cost decreases. The current Prime Rate is published in the Federal Reserve's H.15 statistical release at federalreserve.gov.

No. ClearValue Lending is a small business funding platform — not a bank, lender, or financial advisor. All Bank of America business line of credit terms, approvals, and rates are determined solely by Bank of America. Verify current terms at bankofamerica.com/smallbusiness.

How we rate

Every pick gets a 1–5 ClearValue Rating computed from four weighted factors: Editorial confidence (30%), Cost (25%), Value (25%), and Accessibility (20%).

Scored consistently across every product and independent of any compensation. Full methodology →