Originally Posted by
sdsearch
It is better to apply in such a way that you can provide documentation on everything you say in your business card application. More than most other banks, BofA tends to demand various documentation about your business if you claim things about your business. Ie, if you give a name other than your name, be prepared to furnish a legal fictitious name registration document. If you claim business income, be ready to provide business income tax forms. If you provide a business address, be ready to supply copies of utility bills verifying that address. Etc.
They don't always ask for this, but often enough, that you should be prepared. Too many people in this thread had to abandon their business card application after BofA asked them for documents they couldn't provide.
If we abandon our business app, will it jeopardize our chances of getting approved for a personal card in the future?