NASSAUSUFFOLK

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  • 1.  Bank of America

    Platinum Most Valuable Member
    Posted 04-06-2020 02:43 PM
    So what are you all doing with your Bank of America clients, who do not have existing debt with the bank, and they will not accept applications from.

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    Robert Brown
    ROBERT N. BROWN, CPA
    Jericho NY
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  • 2.  RE: Bank of America

    Posted 04-06-2020 02:48 PM
    Bank of America changed their policy...as long as you had a checking account with them and did not have a business credit or borrowing relationship with another bank.



    https://about.bankofamerica.com/promo/assistance/latest-updates-from-bank-of-america-coronavirus/small-business-assistance?cm_sp=EBZ-BAC-Announcement-_-BACAnnouncement-_-AMT2H45Q00_SB_Engagement_Banner_COVID19_SB_JCRLink


    Jeffrey Pares, CPA

    Pares & Company, CPAs, P.C.

    425 Broadhollow Rd, Ste 329

    Melville, NY 11747


    Tel - 516.735.3600

    Fax - 516.735.1351
    jparescpa@gmail.com


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  • 3.  RE: Bank of America

    Platinum Most Valuable Member
    Posted 04-06-2020 03:02 PM
    Jeff:

    I looked at the link this morning. It say you have to have a small business checking and small business lending relationship with the bank.

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    Robert Brown
    ROBERT N. BROWN, CPA
    Jericho NY
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The opinions expressed are the views of the author alone and should not be attributed to any other individual or entity and shall not constitute an accounting opinion.