I have been a loyal Bank of America customer for 20 years. I casually mentioned that I am in the market to purchase an aircraft for my successful aviation business. The rep at the local banking center told me that Bank of America could lend me the capital. I told her “I doubt it,” but she insisted.<\/p>\n
A few days later I received a phone call from a business lender. He had me run through the extensive<\/strong> process of applying for credit. I have an excellent credit score, cash in my account, am willing to put 20% down, mortgage the aircraft, personally co-signed for the business, and was considering using my house as collateral.<\/p>\n “We are not in the business of aircraft lending,” is what they told me.<\/p>\n “Then why the tell did you put me through this entire process to start with?!”<\/p>\n","protected":false},"excerpt":{"rendered":" I have been a loyal Bank of America customer for 20 years. I casually mentioned that I am in the market to purchase an aircraft for my successful aviation business. The rep at the local banking center told me that Bank of America could lend me the capital. I told her “I doubt it,” but … Continue reading “Need a Business Loan? Don’t use Bank of America.”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"_links":{"self":[{"href":"https:\/\/ihatebankofamerica.com\/index.php?rest_route=\/wp\/v2\/posts\/72"}],"collection":[{"href":"https:\/\/ihatebankofamerica.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ihatebankofamerica.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ihatebankofamerica.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ihatebankofamerica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=72"}],"version-history":[{"count":0,"href":"https:\/\/ihatebankofamerica.com\/index.php?rest_route=\/wp\/v2\/posts\/72\/revisions"}],"wp:attachment":[{"href":"https:\/\/ihatebankofamerica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=72"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ihatebankofamerica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=72"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ihatebankofamerica.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=72"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}